Sensex sheds 168 points in early trade

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Sensex extended losses for the fifth trading day in a row losing nearly 168 points in opening trade.  (Reuters) Sensex extended losses for the fifth trading day in a row losing nearly 168 points in opening trade. (Reuters)
SummarySensex extended losses for the fifth trading day in a row losing nearly 168 points in opening trade.

its 1,550-km natural gas pipeline from Surat in Gujarat to Paradip in Odisha to Indian Oil Corporation, said a senior IOC official.

VLCC is in talks with a bevy of private equity suitors to raise money in a deal which could value it at up to $400 million (22 billion rupees), three people familiar with the negotiations said.

AUTOS

Tata Motors Ltd denied a report on Wednesday that the Indian car maker is in talks to set up an alliance with French peer PSA Peugeot Citroen.

PROPERTY

DLF Ltd expects to sell 50 billion rupees of non-core assets by March, having already sold 31.29 billion rupees' worth. The firm is in advanced talks to sell its Aman Resorts project, it said in an investor presentation.

The real estate private equity arm of global investment firm Xander Group is close to acquiring a 35 percent stake in a unit of Indiabulls Real Estate for 10 billion rupees, according to a person involved in the deal.

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