Wednesday, April 13, 2011

Corporate Snippets

±  NTPC and RIL will soon enter into a complex deal to ensure supply of more gas to Andhra Pradesh power projects. (BS)
±  SAIL has obtained environmental clearance for the McLellan Iron Ore Mining Project, exclusively for Budhaburu lease. (BL)
±  The mini-refinery of ONGC at Tatipaka in East Godavari has started producing mineral turpentine oil. (BL)
±  The corporate R&D unit of BHEL in Hyderabad has developed a maintenance-free solar thermal sun tracker for solar photovoltaic modules that requires no external electro mechanical fittings. (BS)
±  Sun Pharma and Merck to form a JV to sell generic drugs in Asia Pacific, Latin America, Eastern Europe, West Asia and Africa. (ET)
±  Maruti Suzuki India will hire at least 2,300 people, mainly for its upcoming two new plants in Manesar, within next two years. (BS)
±  Bharti Airtel would launch Apple's iPhone 4 in India in the coming months. (BS)

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