The Telegraph
Since 1st March, 1999
Email This Page
Business Briefs

British Gas to invest more

New Delhi, March 3: Within days of resolving the row over operatorship of Panna-Mukta and Tapti oil and gas fields, British oil and gas major BG Group Plc today committed to investing more in oil and gas exploration in India and setting up LNG import projects, petroleum minister Ram Naik said after holding discussions with visiting board of directors of BG group here.

Ranbaxy move

New Delhi, March 3: Ranbaxy Pharmaceuticals Inc, the US arm of Ranbaxy Laboratories, has received the food and drug administrationís tentative approval to market generic version of Novartisí Lotensin.

Customs code

New Delhi, March 3: In a bid to simplify foreign as well as domestic trade, the Lok Sabha today passed a Bill seeking to put in place a uniform commodity classification code based on globally adopted nomenclature system for use in all trade-related transactions.

MRPL stake

New Delhi, March 3: Oil and Natural Gas Corporation today paid Rs 59.43 crore to the Aditya Birla group to acquire their 37.4 per cent stake in Mangalore Refinery and Petrochemical Ltd (MRPL).

P&G plan

Frankfurt, March 3: Procter and Gamble (P&G) has been holding discussions to acquire the German haircare, cosmetics and perfumes maker Wella for between $ 5-6 billion.


New Delhi, March 3: Electrolux Kelvinator today unveiled its category of O-zone technology frost-free refrigerators.

Email This Page