Free Press Journal
  • Tech Mahindra to pick up 17.5 pc stake in Altiostar for $15 mn

    New Delhi : IT company Tech Mahindra, on Thursday, announced it will acquire a 17.5 per cent stake in US-based telecom software development company Altiostar Networks for USD 15 million in a cash deal. The investment committee of the board of directors of Tech Mahindra “has approved the proposal to acquire shareholding in Altiostar Networks Inc, USA, through its wholly owned subsidiary, that is, Tech Mahindra (Americas) Inc, USA,” the company said

  • ASSOCHAM seeks relief to higher education in GST

    New Delhi : The industry body, Assocham, is seeking enhanced outlay for education in the coming budget. The body has also requested some relief to higher education under Goods and Services Tax (GST). The body has sent a communication to the Finance Minister Arun Jaitley on these.

  • BHEL secures EPC order for TPP in Maharashtra

    New Delhi : State-run Bharat Heavy Electricals Limited (BHEL) will be setting up a 660 MW coal-based thermal power project in Maharashtra soon. This projects is valued at over Rs 2,800 crore.