Essar shuns BPCL, woos Oman Oil for refinery
Essar Oil has put on hold talks with Bharat Petroleum Corporation Ltd (BPCL) for a stake in its 12 million tonne refinery. It has, instead, decided to give priority to roping in Oman Oil as partner.

Ministry turns down Honda Siel plan to sell imported cars
The ministry of commerce has ruled out clearance to Honda Siel Cars India Ltd's proposal to import and sell cars in the country under the current policy framework.

Philips hands over Loni unit to BC Components for Rs 35.5 cr
Philips India has transferred its non-ceramic passive components business at Loni-Kalbhor near Pune as an ongoing concern of Beyschlag Centralab Components Worldwide (BC Components) headquartered in


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