GIC ready to sell 10.95% ITC stake to BAT
General Insurance Corporation is ready to part with its 10.95 per cent stake in tobacco major ITC in favour of parent company BAT Industries of UK, notwithstanding the dilly-dallying attitude of the Centre on the issue.

Mobil, Petronas vie for stake in Indian Oil Tamil Nadu refinery
Mobil of the US, Marubeni of Japan and Petronas of Malaysia are in the running to pick up a 26 per cent stake in the 9-million-tonne refinery planned by Indian Oil Corporation in Nagapattinam, Tamil Nadu.

FIs may trim L&T whole-time directors count
Engineering major Larsen & Toubro has turned out to be a test case for financial institutions' insistence on a new code of corporate governance.

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  Corporate Briefing
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  Financial Briefing
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