Month: January 2009

Oil and Natural Gas Corp (ONGC) is likely to get back two deep-water oil blocks in Nigeria, which were earlier awarded to a Korean company by the Nigerian government three years back. ONGC Videsh (OVL) had won these blocks 321 and 323 in August 2005 committing Rs 2376.5 crore as a signing amount. However, these … Read more ONGC to get back two Nigerian oil blocks

We have confirmation from the L&T Corporate Communications that the company has not written to the Government seeking control of Satyam Computers. Further chief financial officer YM Deosthale has clarified the same while speaking to a popular business television channel.

Fortis Healthcare Ltd has informed FreePress that the Company, through one of its Wholly owned subsidiaries, has now become a majority stake holder in the Bangalore based Apollo RM Hospital, now rechristened Fortis Hospital, Seshadripuram. The announcement is in line with Fortis plan to replicate its model to establish network of super-specialty centers of excellence … Read more Fortis Hospital Seshadripuram Bangalore

The government has cleared six-laning of highways of 1,409.93 km of in various states worth of Rs 18,238 crore, under the National Highways Development Project (NHDP). The highway project would encompass Uttar Pradesh, Haryana, Rajasthan, Orissa, Andhra Pradesh, Tamil Nadu, Karnataka and Madhya Pradesh under NHDP phase V was approved by the Cabinet Committee on … Read more CCEA nods Rs 18,238 cr highway projects under NHDP