Institutions intransigence may prompt ACC to drop preferential issue to Tatas
Faced with stiff resistance from financial institutions led by IDBI, The Associated Cement Companies (ACC) is likely to drop the resolution for a proposed preferential allotment of warrants to the Tatas.

Sengupta panel weighs move to sell Centre stake in MRL, CRL, IBP to BPCL
The Nitish Sengupta Committee, set up by the petroleum ministry, is evaluating a plan that would involve sale of the Centre's holding in MRL, CRL and IBP to Bharat Petroleum Corporation (BPCL).

SAIL in a fix to move two aircraft from Ranchi to Burnpur
The management of SAIL is in a bit of a fix following its own decision to close the company's Ranchi airbase and transfer the two aircraft, both pretty old, to the Burnpur airbase in West Bengal.

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  Corporate Briefing
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