Friday, February 19, 2010

Corporate Snippets ..

SAIL in talks with some companies for acquiring coking coal blocks in Australia, New Zealand, Mozambique and Indonesia to achieve its production targets. (BL)


RIL may ask for more time to sweeten LyondellBasell bid. (FE)


Tata Motors appoints Ralf Speth as CEO of Jaguar Land Rover with the overall responsibility for its operations. (ET)


Swiss loan puts Wockhardt in a spot of bother. (ET)


Three international investors have decided to sell their holdings in Vedanta on concerns over its human rights record. (ET)


Navratna companies such as IOC, NTPC, ONGC and SAIL are likely to get ‘Maharatna’ status within the next 60-90 days. (ET)


Government allows ONGC and GAIL India to take 8.4% and 4.2% stake respectively, in a pipeline that China is building in Myanmar to transport gas from offshore blocks A-1 and A-3. (BL)


BPCL arm strikes gas in Mozambique. (FE)


Dr Reddys’ Laboratories to move 25% more Betapharm production to India. (BS)


M&M’s farm equipment sector is looking for local partners to outsource the assembly of its newly-launched low-cost 15HP tractor, Yuvraj. (FE)


Dishman Pharma has entered into a strategic alliance with a California-based biotech company Codexis. (ET)

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