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Oriental pips New India to bag Rs 8,000 cr deal![[Details]](/icons/bullet.gif){kind=icon} The Delhi-based Oriental Insurance, a subsidiary of the General Insurance Corporation, has pipped New India Assurance in clinching the largest project insurance deal in India -- the Rs 8,000 crore Jamnagar refinery project of Reliance Petroleum.
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BIFR invites Ranbaxy, Dr Reddy's to take over Maharashtra Antibiotics Ranbaxy Laboratories and Dr Reddy's Laboratories have been approached by Board for Industrial Finance and Reconstruction for a takeover of ailing joint sector undertaking, Maharashtra Antibiotics & Pharmaceuticals Ltd. Ranbaxy conveyed disinterest in the project and Dr Reddy's Lab is yet to arrive at a decision.
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IFC approves Rs 743 cr loans for domestic corporates The International Finance Corporation (IFC) has approved project funding worth Rs 743 crore for 12 Indian projects during this year. The pojects range from energy conservation, equipment leasing and purchasing, hospitals and small and medium infrastructure-related projects in the country.
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US programme to help state electricity boards, power firms
Forbes Gokak plans recast |
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The Group
