http://www.thehindubusinessline.com/ Business Daily from THE HINDU group of publications en-us Copyright 2009 The Hindu Business Line Wed, 11 Nov 2009 http://www.thehindubusinessline.com/bline.jpg http://www.thehindubusinessline.com/ 320 62 Announcements http://www.thehindubusinessline.com/2009/11/11/stories/2009111151610100.htm Mumbai/ Ahmedabad, Nov. 10 Reliance Industries on Tuesday announced the discovery of oil in one of the onshore blocks in the Cambay Basin in Gujarat. Wed, 11 Nov 2009 Corporate Disputes http://www.thehindubusinessline.com/2009/11/11/stories/2009111151481400.htm New Delhi, Nov. 10 Reliance Industries Ltd (RIL) said it has no legal right to wait for the power plant of Reliance Natural Resources Ltd (RNRL) to come up and then sell gas from the KG Basin D6 block as it was not permissible under the Wed, 11 Nov 2009 Outlook http://www.thehindubusinessline.com/2009/11/11/stories/2009111151541400.htm New Delhi, Nov. 10 Steel prices are likely to remain stable at current Wed, 11 Nov 2009 Announcements http://www.thehindubusinessline.com/2009/11/11/stories/2009111151511400.htm New Delhi, Nov. 10 Operations at two units each of power major NTPC Ltd’s 1,600-MW Farakka and the 2,340-MW Kahalgaon stations have ground to a halt due to an acute coal shortage, hitting the Eastern grid. Wed, 11 Nov 2009 Outlook http://www.thehindubusinessline.com/2009/11/11/stories/2009111150860200.htm New Delhi, Nov. 10 Ending all speculation on the specifics of the ultra low-cost (ULC) small car and differences between the partners, Renault-Nissan announced on Tuesday that it has reached an agreement with Bajaj Auto clarifying the role to be Wed, 11 Nov 2009 Overseas Investments http://www.thehindubusinessline.com/2009/11/11/stories/2009111150790200.htm New Delhi, Nov. 10 ONGC-Mittal Energy Ltd (OMEL) has pushed back its plans to start the first phase of hydrocarbon exploration in Nigerian block OPL-279 due to technical reasons. Wed, 11 Nov 2009 Alliances & Joint Ventures http://www.thehindubusinessline.com/2009/11/11/stories/2009111150850200.htm Hyderabad, Nov. 10 Titan Energy Systems and Enfinity, based in Waregem Belgium, have joined hands to establish a 1 Giga Watt Power (GWp) or 1000 MW of solar Photovoltaic (PV) installations in Andhra Wed, 11 Nov 2009 Mergers & Acquisitions http://www.thehindubusinessline.com/2009/11/11/stories/2009111150780200.htm Tata Chemicals has invested Rs 89 crore to acquire 9.80 lakh equity shares of Rallis India. The shares were allotted on a preferential basis at Rs 908.51, Rallis India said in a statement to BSE on Tuesday. With the allotment, Tata Chemicals now Wed, 11 Nov 2009 Outlook http://www.thehindubusinessline.com/2009/11/11/stories/2009111150810200.htm The Advik group of companies, a manufacturer of components for two-wheelers, is foraying into oil pumps for four-wheelers in technical collaboration with Trochocentric GmbH, and has formed Advik Precision Pvt Ltd for the Wed, 11 Nov 2009 Outlook http://www.thehindubusinessline.com/2009/11/11/stories/2009111150820200.htm Kolkata, Nov. 10Petronet LNG Ltd expects to award contracts for the second LNG jetty at Dahej in Gujarat next month. Wed, 11 Nov 2009 Corporate Disputes http://www.thehindubusinessline.com/2009/11/11/stories/2009111151501400.htm RNRL filed an additional affidavit in the Supreme Court on Tuesday alleging that the Government’s stand in the case was “dishonest and Wed, 11 Nov 2009 Outlook http://www.thehindubusinessline.com/2009/11/11/stories/2009111150870200.htm New Delhi, Nov. 10 Volvo-Eicher Commercial Vehicles (VECV) said on Tuesday that it plans to roll out its semi low-floor buses by the second half of next year. Wed, 11 Nov 2009 Alliances & Joint Ventures http://www.thehindubusinessline.com/2009/11/11/stories/2009111151211500.htm Hyderabad, Nov. 10 The Andhra Pradesh Mineral Development Corporation and the National Mineral Development Corporation (NMDC) are all set to enter into an MoU by this month-end for exploration of iron ore in Kadapa, Kurnool, Chittoor and Wed, 11 Nov 2009 Performance http://www.thehindubusinessline.com/2009/11/11/stories/2009111150880200.htm New Delhi, Nov. 10 Volkswagen India said on Tuesday that sales in October have shown a 38 per cent growth over the same month last year. Wed, 11 Nov 2009