M&M to make up mind on IDAM location soon
Mahindra & Mahindra will finalise the location for its new multi-utility vehicle, codenamed IDAM (integrated design and manufacture), during the next fortnight. Sources said that the company had zeroed in on Andhra Pradesh and Maharashtra and discussions were on with the heads of each government.

Reliance Petroleum plan raises Petronet hackles
Petronet India, the joint venture pipelines company set up by the government last year, has written to the ministry of petroleum & natural gas expressing its reservations on Reliance Petroleum Ltd (RPL)'s mega-pipeline proposal involving laying a 550-kilometre liquid product pipeline from Jamnagar via Ahmedabad to Indore in Madhya Pradesh.

L&T revives Orissa alumina project talks; may cede majority stake to French co
Larsen & Toubro, the engineering, construction and cement giant, has decided to revive the one-million-tonne alumina project which it was forced to defer when partner Alcoa of USA chose to walk out from the venture in 1995.

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