Corporate Snippets

Reliance Industries is looking at yet another shale gas acquisition in North America, its third in three months. (BS)

NTPC has set the ball rolling to acquire coal mines or form JVs in Australia, Indonesia, Mozambique and South Africa. (BS)

The 4,000-Mw Kudagi Ultra Mega Power Plant proposed to be set up by the NTPC at Kudagi in Basavana Bagewadi taluk of Bijapur district, has run into rough weather with farmers opposing to accept land prices fixed by the state government. (BS)

Tata Steel’s plans to sell Corus’ Teesside Cast Products plant in the northeast of England suffered a setback as the consortium they were in talks with pulled out of the deal. (BS)

Tata Steel has increased its stake TRF by 2.1% through an open market acquisition of shares. (ET)