Company Updates

Mittal Group signs MOU with 4 Oil companies to set up Petrochemical Plant at Vizag

Mittal Investments has signed a Memorandum of Understanding (MOU) with HPCL, Oil India, GAIL and France’s Total S.A. to develop a refinery and petrochemical plant in Visakhapatnam. LN Mittal group will also be working with HPCL to set up a refinery in Bhatinda, Punjab. The Bhatinda refinery project has been delayed for many years due to political issues and Mittal Group was successful in picking up 49% stake in the project.

In the statement issued, HPCL CMD Mr. Arun Balakrishnan said, "We have signed a memorandum of understanding to study the feasibility of a refinery and a petrochemical complex. We expect to receive the report by March."

Wockhardt All Set To Acquire US Pharma Co. Morton Grove

Wockhardt LimitedNew Delhi: According to the sources, pharma major Wockhardt Ltd has entere

IFCI To Finalise 26% Stake Sale By 2007-End

IFCINew Delhi: IFCI has declared that it will start inviting financial bids within a week’s time and hoped to

3i Infotech Buys J&B Software & Its Arms For $25.25 Mn

3i Infotech Ltd3i Infotech has declared that it has signed an agreement to get hold of J&B So

OLPC to offer $100 Laptop in India via RCom

OLPC $100 Laptop in India

Unity Infraprojects bags orders worth 2250 million

Pages