McNally Bharat wins order from Bhushan Power

The order from Bhushan Power & Steel, Rengali, Sambalpur, Orissa is at a price of Rs150 crore

McNally Bharat Engineering has received an order from Bhushan Power & Steel for supply of equipment (shop manufactured mechanical items) and technological structures, detail design, engineering (mechanical), erection and construction of civil, structural and mechanical work of the recovery coke oven plant and by product plant of Bhushan Power & Steel, Rengali, Sambalpur, Orissa at a price of Rs150 crore.

In the late afternoon, McNally Bharat Engineering was trading at around Rs97.60 per share on the Bombay Stock Exchange, 0.62% up from the previous close.

User

BT renews contract with Subex

The framework contract specifically covers the on-going provision by Subex of mission critical revenue operations centre portfolio software solutions, application/operations support, and managed services

Subex Ltd, a global provider of business support systems (BSS) for CSPs (communications service providers), has been awarded a renewal of a multi-million dollar framework contract with BT.

The framework contract specifically covers the on-going provision by Subex of mission critical revenue operations centre portfolio software solutions, application/operations support and managed services. These will be delivered across BT's domestic and international interconnect billing and settlements, fraud management, revenue assurance and event integrity domains.

The primary objective of the Subex ROC is to function as the 'Mission Control for Financial Health'. The ROC enables profitable growth for service providers through coordinated operational control.

The Subex ROC collates and correlates data from various BSS functions. It monitors the entire revenue chain and identifies risks to profitability, margins and customer satisfaction. The key benefits that a service provider derives from the Subex ROC are enhanced revenue management, enterprise-wide risk management, business and operational assurance, pro-active intelligence and insight, revenue chain integrity assurance and improved customer experience.
In the late afternoon, Subex was trading at around Rs25.30 per share on the Bombay Stock Exchange, 1.61% up from the previous close.

User

HDFC ERGO launches health claim services

The main objective behind the initiative is to facilitate faster and transparent claim settlement process

Private sector company HDFC ERGO General Insurance launched Health Claim Services (HCS), its in-house health claim servicing department, that will be a single window for customers for all health care related services.

“With this internal mechanism we are planning to establish better control on the overall claim settlement process and improve the turn around time (TAT) with seamless, hassle free and transparent services in health claim settlement,” HDFC ERGO general insurance head - strategic planning group Mukesh Kumar said in a release.

The main objective behind this initiative is to facilitate faster and transparent claim settlement process.

HCS will not only provide personalised claim settlement services but will also act as a guidance centre for all health care related queries.

Under this initiative, HDFC ERGO has partnered with NSPs (Network Service Providers) like pharmacies, diagnostic centres, ambulance and wellness centres to provide their customers best in class health services in addition to existing spread of over 3,000 empanelled hospitals.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)