SPIC Petrochemicals Ltd, which
is implementing a three lakh tonne PTA and 80,000 tonne per
annum PFY project, is in talks with Mitsubishi Chemicals for
a strategic joint venture.
Shipping Corporation of India
is in talks with Oil and Natural Gas Commission to operate the
latter’s fleet of off-shore vessels. The operations of OSVs
would result in net revenue inflows of around $300 per day to
SCI.
Morgan Stanley is believed
to be evaluating the option of diluting its holding in the Bangalore-based
pharmaceutical company, Strides Arcolab. Morgan Stanley is believed
to control around 8 per cent of Strides Arcolab’s equity capital.
