± Reliance Industries, which has tasted success in a block in the Cauvery basin, could be close to striking hydrocarbon in an adjacent block in the region. (BL)
± Zydus Cadila announces commencement of phase-II and III clinical trials of its swine flu vaccine. (ET)
± Tata Steel sold 5.54mn tons of steel during April-February, registering a growth of 22% over the same period of 2008-09. (BS)
± Adani Power has been shortlisted along with three other international bidders to build a 1,000MW coal-fired power plant in European nation Kosovo. (BS)
± NMDC to double iron ore output to 50 mn tons by 2015. (BS)
± NMDC along with two other companies has submitted a US$230mn non-binding bid to buy 70% stake in an Australian mine owned by Perth-based Atlas Iron. (BS)
± NMDC plans Rs240bn capex for next 5 years. (BL)
