Tatas to set up sector-specific think-tanks to aid restructuring
The Tata group will constitute sector-wise think-tanks as part of its restructuring exercise to look into the synergies and overlap of operations of the 129 group companies.

ONGC to replace NTPC as partner in IOC's Gujarat project
The Oil and Natural Gas Corporation (ONGC) will replace National Thermal Power Corporation (NTPC) in the Rs 1700-crore refinery residue-based power project being promoted by the Indian Oil Corporation (IOC) in Gujarat.

IOC to offload 5 per cent equity in local market
The Indian Oil Corporation (IOC) will hit the domestic market to offload five per cent of Government equity in March next as part of the disinvestment drive.

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