Gail and Gazprom in tieup talks for domestic, overseas joint ventures
The Gas Authority of India Ltd (Gail) is holding talks with leading Russian gas company Gazprom for jointly developing gas projects in India, Russia and third countries. The two companies are also exploring the possibility of joining hands for exporting LNG and LPG to India.

Ministry appoints IDBI, IFCI, Sidbi as nodal agencies for textile fund
The Union textile ministry has appointed Industrial Development Bank of India (IDBI), Industrial Finance Corporation of India (IFCI) and Small Industries Development Bank of India (Sidbi) as nodal disbursal agencies for the proposed Rs 25,000-crore technology-upgradation fund for the textile industry.

Cipla files global patent for omeprazole
The Rs 541- crore Cipla has filed international patents for an omeprazole formulation even as it is working on a host of sophisticated "molecular manipulation'' techniques (like chiral synthesis), to take on the challenges of the impending product patents regime.

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  Corporate Briefing
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