New Delhi, July 27: State-owned Oil and Natural Gas Corp (ONGC) has signed an agreement with Reliance Industries to explore the possibility of hiring the Mukesh Ambani-run firm’s infrastructure facilities on the east coast. “The memorandum of understanding aims at working out the modalities for sharing of infrastructure, identifying additional requirements as well as firming up the commercial terms,” ONGC said.
Mumbai, July 27: Gold rallied and scaled a one-month high at the domestic bullion market today, driven by consistent demand from stockists amid investment buying and speculative off-take. Standard gold of 99.5 per cent purity spurted Rs 250 to Rs 27,945 per 10 gm from Friday’s closing of Rs 27,695.
Detroit, July 27: General Motors (GM) fired several employees after an internal probe into a recent recall of its Chevrolet Tavera sports utility vehicle in India uncovered “violations of company policy”, the US auto maker said.
