The financial backing of steel tycoon L.N. Mittal has failed to help ONGC-Videsh win the race for PetroKazakhstan. China National Petroleum Corporation has emerged as the successful bidder for the upstream oil company. ... |
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The mines ministry will accept a 10 per cent stake sale in Nalco through a market offering of shares, a proposition the fina ... |
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On profit track:
Roger Corbett, chief executive of Woolworths , announces
company results in Sydney on Monday. Strong sales
and aggressive cost cutting lifted the net profit
at Australia’s biggest supermarket group Woolworths
by 14.9 per cent to $592.9 million for the year
to June. (AFP)
)