Kumar Mangalam Birla joins Tata Steel board
Kumar Mangalam Birla, chairman of the Aditya Birla group, has joined the board of the country's largest private sector steel corporation, Tata Steel, as a non-executive director. The 30-year-old scion and successor to Aditya Birla's legacy joined the premier board with effect from November 19.

CBI searches Reliance Ind premises in Mumbai, Delhi
The CBI on Thursday conducted simultaneous searches at various premises of Reliance Industries Ltd (RIL) in Mumbai and Delhi in connection with the case under the Official Secrets Act against the group's Delhi president V Balasubramaniam.

VSNL gears up to enter domestic long-distance sector by year-end
Videsh Sanchar Nigam Ltd is ready to enter the domestic long-distance telephony sector by the end of this year. Additionally, the company is expected to begin work on setting up a regional hub for routing international traffic in association with British Telecom by early next year.

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