SRF in talks to take over DuPont Fibres
SRF Ltd is in advanced stage of negotiations with EI DuPont India for takeover of DuPont Fibres Ltd, which manufactures nylon tyre cord.

Indian Oil selloff slated for next year
The long-pending disinvestment in Indian Oil Corporation, which notched up a 30% jump in net profit and 17% growth in sales turnover last year, is slated for early next year.

PowerGen to buy Tractabel's 49% stake in Jindal venture for $42m
Powergen Plc is set to pick up a 49% stake in Jindal Tractabel Power Co. PowerGen will buy out the holding for $42 million, or around Rs 12.60 a share.

  Godavari Fertilisers ropes in Business Consulting to chart revamp strategy
  Arun Firodia rules out merger of two Kinetic group two-wheeler subsidiaries
  Allianz plans to unveil insurance products via joint venture
  Marigold Capital to pump in $1m into Trigent Software
  FIs decision to release funds to Spic's project hinges on TNEB escrow nod
  US firm Swagelok sets up network to market fluid-system components
  Standard Chartered is set to close Nakornthon deal
  Engineers India, Forsterwheeler to sew up report on MRL power project in a month
  Tieups between car firms, parts makers must -- Tata
  TNPL production and exports jump in August
  Centurion Bank to hit market with par issue
  10 Daewoo affiliates put under bank receivership to speed up restructuring
  Kumar Mangalam Birla leads the way, to adopt corporate governance panel points
  VSNL puts on hold investment in Agrani
  MRL awaits Cabinet nod to embark on expansion course
  HM moves high court against tribunal rebuff to layoff plan
  Briefing
  Lucent plans to step up project financing in India
  DBS Internet seeks investor to set up base in US
  Microsoft to provide awareness about knowledge management system
  Mahindra & Mahindra dons blue to keep the red at bay
  LG chants digital mantra with new launches
  Thai central bank to inject funds for Phatra Thanakit's loan