The Hindu Business Line : Govt okays HPCL's tie-up with French co for tech upgradation

THE Government has approved Hindustan Petroleum Corporation Ltd's (HPCL) technological collaboration with AXENS of France for upgradation of a few units of the company to meet the Bharat-II/Euro III emission norms.

A total of seven foreign collaborations have been approved by the Minister for Commerce and Industry, Mr Kamal Nath.

Kochi Refineries Ltd's (KCL) plan to set up Gasoline MEROX treatment facilities in collaboration with US-based UOP LLC has also been approved.

A collaboration agreement between the hotel division of ITC Ltd and the US-based Sheraton International Inc for international marketing, publicity and reservation services has also been okayed by the Government. The proposals approved by the Minister also include Hero Honda Ltd's pact with its Japanese parent company Honda Motors for two new models in the Indian market.

More Stories on : Petroleum | Alliances & Joint Ventures

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
`Over 1 million jobs in Europe moving out'

Tata Indicom enters wireless pre-paid space with new features

Inflation breaches 8 pc barrier

PM reconstitutes trade, industry council

Govt okays HPCL's tie-up with French co for tech upgradation

Novartis' patent held valid; Dr Reddy's withdraws case

Citroen watching the road to India

LIC, GIC, UTI asked to withdraw funds from SDS — Govt move to cut down interest payouts

Late-hour buying props up Sensex

Bonds rally despite surge in inflation

Good infrastructure vital for attracting FDI: Montek

Delay in funds release hits rural telephony