Friday, May 7, 2010

Corporate Snippets

The proposed joint venture between SAIL and POSCO is likely to be finalised by the month-end. (BL)

The Supreme Court to give its verdict on the gas supply and pricing dispute between Reliance Industries and RNRL today. (BL)

Maharashtra government to ask Tata Power to supply electricity to Reliance Infra till July 1. (ET)

Wipro is looking increase the authorized share capital of the company by creating additional equity shares. (BS)

ONGC Videsh and its partners will next week sign contracts for developing a giant oilfield in Venezuela. (BS)

HCC completed the acquisition of a 66% stake in Swiss construction firm Karl Steiner AG. (ET)

Tata Communications enters into partnership with Infinity Africa, expanding its services in Tanzania. (BS)

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