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ADAG takes a step forward to snap up Royal Sundaram

The Reliance Anil Dhirubhai Ambani Group (ADAG) is planning to snap up the city-based non-life insurer, Royal Sundaram Alliance Insurance Company, according to sources close to the development.

L&T bags Rs.376 crore order from ONGC

Engineering and construction major Larsen and Turbo (L&T) Wednesday said it has won an offshore rig refurbishment contract worth Rs.376 crore from state-run Oil and Natural Gas Corporation.

DSIIDC makes highest Rs.45 crore profit in 2009-10

The Delhi State Industrial and Infrastructure Corporation (DSIIDC) made its highest profit of Rs.45 crore in fiscal 2009-10 and is now set for two to three years of focused growth, its chairman and managing director Chetan Sanghi said Sunday.

Punjab rejects change in refinery's name

A move by the HPCL-Mittal Energy Limited to get the name of the Guru Gobind Singh Refinery project near Bathinda changed has been rejected by the Punjab government, an official said Sunday.

ONGC to help preserve Ahom monuments

State-run oil explorer Oil and Natural Gas Corporation has signed a deal with the Archaeological Survey of India to preserve medieval Ahom dynasty monuments in Assam.

RIL makes sixth oil discovery in Cambay basin

Reliance Industries Limited announced Friday it has made its sixth oil discovery in the Cambay basin.

Steel Authority names new chairman

Chandra Shekhar Verma has taken over as the chairman of the state-run Steel Authority of India (SAIL), the country's largest producer of the commodity.

 
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