M&M has signed an agreement to acquire a majority stake in beleaguered South Korean auto manufacturer Ssangyong Motor Company (SYMC). (BS)
State-owned ONGC, OIL and Gail may make a joint bid to counter Vedanta Resources’ US$8.48bn offer for majority stake in Cairn India, and have already got US$10bn in loan commitments from international banks for the move. (BS)
Cairn India Ltd has struck oil and gas in an onshore block in the Krishna-Godavari basin, in Andhra Pradesh. (BS)
NTPC will be duly compensated for the cancellation of its 600MW hydro power project at Loharinag Pala in Uttarakhand. (BL)
L&T has bagged two orders worth Rs12bn from ONGC for setting up additional processing units at the corporation's gas complexes in Hazira and Uran. (BL)
JOIN US!!
Send SMS for "STUDY" on 09825677777