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Pact

NCC, 3R sign pact on revenue assurance solutions

The Nigerian Communications Commission (NCC) has finally signed a Public Private Partnership (PPP) agreement with its consultant, 3R Company Nigeria Limited, for the execution of the Revenue Assurance Solutions (RAS) to strengthen and manage the integrity of revenue generation process in the Nigerian telecommunications industry. The agreement-signing ceremony, which took place at the Commission’s Head Office, Abuja on Friday, June 17, 2022, was witnessed by representatives of the…

WWE Board Probes Secret $3 Million Hush Pact by CEO Vince McMahon, Sources Say

The board of World Wrestling Entertainment Inc. WWE 4.95% is investigating a secret $3 million settlement that longtime chief executive Vince McMahon agreed to pay to a departing employee with whom he allegedly had an affair, according to documents and people familiar with the board inquiry.The January 2022 separation agreement bars the now-former employee, who was hired as a paralegal in 2019, from discussing her relationship with Mr.…

Why France signing NASA’s lunar exploration pact is the most important signature yet

On Tuesday evening, France officially signed onto NASA’s Artemis Accords — the space agency’s set of guidelines and principles for how the US and other countries should explore the Moon in the future. France’s addition, long considered a big get for the Artemis Accords, brings the total number of signatory countries to 20, strengthening the international agreement ahead of NASA’s planned return to the lunar surface this decade. When the finalized Artemis Accords were presented during the Trump administration in October…

Oando, Lagos govt enter pact to launch electric mass transit buses

Oil driller Oando Plc said Monday its clean energy unit signed a deal with Lagos Metropolitan Area Transport Authority (LAMATA) to provide the renewable energy that will facilitate the deployment of electric mass transit buses, charging centres and supporting charging infrastructure. Oando Clean Energy Limited agreed to the public-private partnership arrangement late in April, Oando said in a statement, paving the way for the attainment of Lagos State Government’s goal of rolling out an…

Tata Motors to take Over Ford India’s Sanand Manufacturing Plant, Signs Pact with Gujarat Govt

Tata Motors has said its subsidiary and Ford India have inked a pact with the Gujarat government to acquire FIPL’s Sanand vehicle manufacturing plant. Tata Passenger Electric Mobility Ltd (TPEML) — a subsidiary of Tata Motors — and Ford India Pvt Ltd (FIPL) have today signed a memorandum of understanding (MOU) with the Gujarat government for the potential acquisition of FIPL’s Sanand vehicle manufacturing facility, including land, buildings, vehicle manufacturing plant, machinery and equipment, Tata Motors said in a…

US President Joe Biden Signs Pact With Internet Companies to Reduce Prices for Low-Income Americans

The Biden administration announced on Monday that 20 Internet companies have agreed to provide discounted service to low-income Americans, a program that could effectively make tens of millions of households eligible for free service through an already existing federal subsidy.The $1 trillion (roughly Rs. 77,37,100 crore) infrastructure package passed by Congress last year included $14.2 billion (Rs. 1,09,900 crore) funding for the Affordable Connectivity Program, which provides $30 (roughly Rs. 2,300) monthly subsidies…