Monday, June 28, 2010

Corporate Snippets

RNRL signed a revised gas sale master agreement with Reliance Industries for supply to the former's proposed power plant at Dadri in Uttar Pradesh, close to Delhi. (BS)

Reliance Communications says it has agreed to sell its telecom business to GTL Infrastructure. (BL)

Reliance Industries and Pemex, Mexico may soon forge a partnership to develop a large-capacity greenfield refinery in Mexico. (ET)

Tata Motors will set up a new manufacturing plant for the Ace and for other similar products. (BS)

The Singapore government’s investment fund, GIC Special Investments Pte Ltd, has deferred its plan to invest about Rs3.8bn to pick up a minority stake in Fortis Healthcare. (BS)

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