BP and Reliance Industries are likely to discuss divestment and joint venture opportunities between the two companies. (BS)
Tata Steel would finalise plans to refinance $5.4-billion loans for its British unit Corus this week. (BL)
IL&FS will become an equal partner with Reliance Industries to develop an industrial township in Haryana. (ET)
Reliance Power is planning to commission its entire portfolio of projects by 2017, which would be around 35,000 Mw. (BS)
Larsen & Toubro will make L&T Infrastructure Development Projects (L&T IDPL), a wholly-owned subsidiary, by buying 14% from IDFC Private Equity and JPMorgan Chase for at least Rs7.4bn. (ET)
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