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ONGC to cut gas production by 40%, plans pipeline repair

Jul 03, 2015

ONGC to cut gas production by 40%, plans pipeline repair

The company plans to carry out repair work on the 42-inch pipeline that carries natural gas from the Bassein field to Hazira, from 7 to 27 July. #Business #ONGC #LNG #CompanyWatch #GAIL India #Bassein field
MTNL denies delisting buzz after rumours lift stock 19.88%

Jul 03, 2015

MTNL denies delisting buzz after rumours lift stock 19.88%

The MTNL stock was up 19.88 percent to Rs 19.90 apiece in the afternoon trade. #Business #BSNL #IIM #GSM #CompanyWatch #MTNL #DoT #Rakesh Garg
After high court nod, Nestle India to resume export of Maggi noodles

Jul 03, 2015

After high court nod, Nestle India to resume export of Maggi noodles

Nestle also said that Canadian authorities have given clean chit to its instant noddles brand after finding no health related hazard. #Business #CompanyWatch #Bombay High Court #Nestle India #Maggi #FSSAI
Aviation minister apologises for Rijiju and Fadnavis but Air India's problems run deep

Jul 03, 2015

Aviation minister apologises for Rijiju and Fadnavis but Air India's problems run deep

Air India has been in the news for all the wrong reasons this past week, prompting sceptics to again question the rationale of this government shying away from privatising the white elephant. #Business #air india #Aviation #CompanyWatch #Prime Minister's Office #Civil aviation #Devendra Fadnavis #Kiren Rijuju #A Gajapathi Raju #Nirmal Singh #RN Choubey #Praveen Pardeshi
Lupin acquires Russian drug firm Biocom, financial details not out

Jul 02, 2015

Lupin acquires Russian drug firm Biocom, financial details not out

The company has acquired 100 percent equity stake in ZAO Biocom in Russia subject to certain closing conditions, Lupin Ltd said in a statement without disclosing the financial details. #Business #Medicine #Health #WHO #CompanyWatch #Lupin #Biocom
Flipkart ties up with three major home retailers to expand portfolio

Jul 02, 2015

Flipkart ties up with three major home retailers to expand portfolio

From furnishing to DIY tools and homecare to dcor, customers can now access an exhaustive range of products from these top-notch brands and their private labels, it said. #Business #CompanyWatch #home #Flipkart #Home Town #HomeStop
Uber launches in seven Indian cities, makes country second largest geographic market

Jul 01, 2015

Uber launches in seven Indian cities, makes country second largest geographic market

With this launch Uber will be available in 18 cities in the country, the company said in a statement. #Business #India #CompanyWatch #Uber
Sterlite to set up LCD manufacturing plant, invest Rs 40,000 cr

Jul 01, 2015

Sterlite to set up LCD manufacturing plant, invest Rs 40,000 cr

Inaugurating Digital India Week, Prime Minister Narendra Modi today launched a digital campaign to which top companies pledged Rs 4.5 lakh crore. #Business #Narendra Modi #CompanyWatch #Anil Agarwal #Digital India #Sterlite Technologies
Pininfarina still discussing sale to Mahindra, hopes for deal in July: sources

Jul 01, 2015

Pininfarina still discussing sale to Mahindra, hopes for deal in July: sources

A third source close to the matter said Mahindra may push back further a possible deal in order to agree on a lower price. #Business #CompanyWatch #Mahindra & Mahindra #UniCredit #Pininfarina #Intesa Sanpaolo
Airtel commits Rs 1 lakh cr investment in technology in five years

Jul 01, 2015

Airtel commits Rs 1 lakh cr investment in technology in five years

Bharti Airtel has already lined up an investment of $3 billion, mostly for Indian and South Asian businesses, in this financial year. #Business #Bharti Airtel #CompanyWatch #telecommunication #Sunil Bharti Mittal #Digital India