Corporate Snippets

RIL may join ONGC consortium in Venezuela, which could bag a hydrocarbon block. (ET)

Standard Chartered is likely to raise around US$600mn through an India listing. (ET)

Huawei offers to share source code for its telecommunication systems in a move to establish that its telecom gear does not pose security threat. (ET)

RJ Corp will dilute 10-12% in one of its subsidiaries to fund expansion plans. (ER)

Kingfisher to restructure around Rs7bn of debt. (ET)

Coal India about US$555mn in employee cost over the next 10years as it increases the use of machines. (ET)