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COURTS/LEGAL ISSUES
NLC wins case over sales tax on briquetting plant
Chennai, May 1 The Neyveli Lignite Corporation in Tamil Nadu has won a case in the Madras High Court by which it would pay a nominal 4 per cent sales tax under the TNGST Act, 1959 instead of 12 per cent demanded by the TN Commercial Tax ... More

MERGERS & ACQUISITIONS
Dr Reddy's completes 2 acquisitions
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NEW PROJECTS
Essar Oil plans petrochem facility at Vadinar refinery
Project will help utilise naphtha production from refinery More

OVERSEAS INVESTMENTS
Reliance Power acquiring coal mine in Indonesia
Coal supplies for mega projects in AP, Maharashtra More

ALLIANCES & JOINT VENTURES
ONGC gets nod to appraise KG find
Statoil, Petrobras may acquire participating interest in block More

TDI Hotels ties up with Fortune
TDI Hotels and Resorts Ltd, a group company of TDI Infrastructure, on Thursday signed an operating, marketing and technical services agreement with Fortune Park Hotels Ltd, a subsidiary of ITC Ltd. The agreement will see a 100-room Fortune Select ... More

PEOPLE
R.S. Sharma is NTPC chief
More

Michael Boneham at Ford India helm
‘Expansion of dealer network, supplier base are the challenges ahead’ More

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