ONGC drops plan to pick stake in Bina
The Oil and Natural Gas Corporation has dropped its plans of picking up a stake in the Bharat Oman Refinery (BORL) being promoted by Bharat Petroleum Corporation and the Oman Oil Company at Bina in Madhya Pradesh.

JT Mobile proposal referred to law ministry
The Foreign Investment Promotion Board (FIPB) has referred to the law ministry a proposal of cellular operator JT Mobile to transfer the stake of one of its foreign partners Telia AB of Sweden to another group company Telia Overseas AB.

ACC plans to globally patent cement process
In a stunning research and development achievement, ACC has developed a new cement making process that would cut down power costs drastically and insulate the company from the vagaries of inferior-grade limestone.

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