Total may pick stake in Essar Oil, MRPL
Total of France is exploring the option of picking up a stake in Essar Oil's refinery project even while talks are on with Mangalore Refinery and Petrochemicals for equity participation in the nine-million-tonne project.

DoT likely to borrow Rs 2,100 crore
The department of telecommunications (DoT) proposes to go in for market borrowing of Rs 2,100 crore through Mahanagar Telephone Nigam Ltd (MTNL) in the last quarter of the current fiscal.

Taj group set to acquire landmark building in Mumbai
Indian Hotels, the flagship of the Tata group's hospitality business that owns the Taj chain, is set to acquire the palatial `Dhanraj Mahal', one of the biggest building complexes in south Mumbai. The idea is to provide for the extension of its corporate office at Apollo Bunder in Mumbai.


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  The Index