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The Commerce Commission last month permitted Transpower’s close to $400-million interim proposal to strengthen the nationwide electricity grid. The Financial Markets Authority is taking the insurance firm to courtroom, saying it overcharged customers and failed to deal with the issue. 2GO, the logistics and solutions firm of the SM Group, has partnered with the Department of Trade and Industry to assist on-line entrepreneurs in Central Luzon move their merchandise across the nation. Reads can learn latest news related to business sector on TimesofIndia.com.

  • Investors are stuck in a perpetual boom-and-bust cycle the place they put money into bitcoin each few years, solely to get burned by a value crash.
  • Paytm and its funds bank unit have mutually agreed to discontinue numerous inter-company agreements in the process to scale back dependencies, the embattled payments agency mentioned on Friday.
  • Govt to cap coal prices for home cement, fertilizer industries The Energy and Mineral Resources Ministry has capped the coal price at $90 per ton for the home cement and fertilizer trade.

Under this partnership, TFS is required to create and function an array of multi delicacies food outlets, together with cafes, bars, restaurants, and franchises within the airport terminal. The financial institution declared a ultimate dividend of R10.22 per share, surpassing analyst estimates. With its three main store brands – Shoprite, Checkers and Usave – all posting double-digit sales Business News growth. Seven months after year-end its financial outcomes have still not been revealed. Villagers use pit rest room as a substitute of their flush rest room to make the water they purchase last longer. Globally, the asset class is expected to double within the subsequent 5 years.

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