Nord Imperial, the Russian subsidiary of India’s state-run ONGC, has entered the fray to bid for the Trebs and Titov deposits, the largest unallotted hydrocarbon fields remaining in Russia. (BS)
Ranbaxy has received an exclusive six-month marketing opportunity to sell a generic version of Japanese drugmaker Eisai’s drug for Alzheimer’s in the US. (BS)
According to a senior company official, GMR group does not plan to pursue the opportunity of developing Medina airport in Saudi Arabia. (BL)
Indian Oil Corporation (IOC) has earmarked US$1bn for the acquisition of good-quality producing or developing E&P assets abroad. (ET)
BHEL has got a contract worth Rs26.65bn to set up a 1,200 MW coal-fired power plant at Chhattisgarh. (BL)
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