Friday, September 3, 2010

Corporate Snippets

The marketing agreement between GAIL and RIL to sell D6 gas stands inoperative due to a Government policy that does not allow RIL to sell gas independently. (BL)


DLF has put on hold its plan to sell its non-core assets including ultraluxury hotel chain Aman Resorts and wind energy business for the next three quarters. (ET)

M&M has announced the launch of the Maxximo, its sub-2-tonne mini truck, in the Tamil Nadu market. (BL)


TCS has become the second largest insurance BPO provider in the UK after winning two deals worth GBP250mn. (BS)

IOC seeks land adjacent to its Haldia refinery for expansion. (BL)

Rishad Premji, son of Wipro Chairman Azim Premji, has been appointed as Chief Strategy Officer of IT Business at Wipro. (BL)

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