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ALLIANCES & JOINT VENTURES: ONGC enters 1st gas sales pact for coal-bed methane
Supply to Calcutta Compressor to begin year-end. Kolkata, July 11 Oil and Natural Gas Corp Ltd has entered into a firm pact for supply of gas to Calcutta Compressor and Liquifaction Ltd (CC&L) from its Jharia coal-bed methane field in ...

FINANCIAL PERFORMANCE: Cos likely to get more time for filing results
SEBI proposes changes in Clause 41. Mumbai, July 11 Companies which opt to submit to stock exchanges their consolidated financial results in addition to their standalone results can get two months’ time to submit their financials, ...

SOCIETY & DEVELOPMENT: ONGC in tree plantation project


ALLIANCES & JOINT VENTURES: Rusni, Prithvi Bio sign pact
Rusni Distilleries Pvt Ltd has signed a pact with Prithvi Bio-Projects to set up a multi-feedstock ethanol plant in Nellore. Rusni runs a sweet sorghum-based ethanol plant in association with ICRISAT at Mohammed Shapur village in Medak district. ...

TRADE & LABOUR UNIONS: Doing away with wages for rest day unwarranted, says HC
Chennai, July 11 Arasu Rubber Corporation Ltd, a Tamil Nadu Government venture, has been directed by the Madras High Court to implement the award of the Industrial Tribunal granting wages to workmen for the rest day. ...

ALLIANCES & JOINT VENTURES: Metso to design CFBC boiler for Indian power sector
Chennai, July 11 With a joint venture for ‘knowledge process outsourcing’, Finnish power and engineering major Metso has got its toe into the Indian market, but the €9 billion group is looking for a number of other ...

OUTLOOK: Italian firm MTS eyes water heating segment
New Delhi, July 11 Italian company Merloni TermoSanitari is increasing its focus on the Indian water heater segment. The company is investing in innovative technologies to popularise its products. ...

NEW PROJECTS: NSL Cotton Corpn moots integrated project
Hyderabad, July 11 NSL Cotton Corporation Pvt Ltd (NCC), a company established by Nuziveedu Seeds Ltd, has come up with a proposal to the Andhra Pradesh Government to take up integrated cotton development project in the State. ...

ALLIANCES & JOINT VENTURES: IICT, Evolva sign research agreement
Hyderabad, July 11 Evolva Biotech on Friday signed a drug discovery research agreement with the Indian Institute of Chemical Technology (IICT). The agreement allows Evolva to screen a number of compounds developed by IICT and take them ...

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