Wednesday, August 24, 2011

± Reliance Industries has withdrawn from an offshore oil exploration block in the Sea of Oman. (ET)

±  Religare Technologies has teamed up with Airtel using Fortis Healthcare as its knowledge partner to offer 24x7 medical assistance on phone to mobile users. (BL)
±  Malvinder Singh and Shivinder Singh, the promoters of Religare Enterprises and Fortis Healthcare, have raised Rs14bn debt from global banking major Standard Chartered two months ago, said two sources in the know of the development. (BS)
±  HPCL has sought more land from the Maharashtra government to set up a new refinery, with a capacity of 9-15mn tonnes per annum (mtpa). (BS)
±  Hindalco Industries has decided to delay the financial closure of the Rs78bn Aditya Alumunium refinery project due to uncertain market conditions. (BS)

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