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GAIL
may pick stake in ONGIO International |
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State-owned Gas Authority of
India Ltd is interested in picking up equity in ONGIO International
Pvt Ltd, the joint venture between Oil and Natural Gas Corporation
and IndianOil Corporation. |
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ITC
merger with Bhadra cleared |
| |
Shareholders of ITC Ltd have
overwhelmingly approved the merger of ITC Bhadrachalam Paperboards
Ltd, ITC’s speciality paperboard manufacturing subsidiary, with
the parent company. |
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Royal
Orchid Hotels in expansion mode |
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Notwithstanding recession in
the hospitality sector, Bangalore-based Royal Orchid Hotels
has decided to open a new five-star hotel in Hyderabad and add
60 rooms to its existing property, Royal Orchid Park Plaza in
Bangalore. |
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Cricketnext
lines up growth plans |
| |
The cricket war between England
and India is not only being played on the field. It is on cyberspace
as well, with the Walchand Capital Group promoted Cricketnext.com
planning to displace the British portal CricInfo.com as the
leading cricket portal by the next world cup in 2003. |
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