NATIONAL 'RIL to take over Hardy Oil's equity in 8 blocks' Reliance Industries Ltd (RIL) will take over Hardy Exploration and Production (India) Inc's 10 per cent stake in eight oil and gas exploration blocks, the two firms had won together two years ago.
Indo-China JSG for CECA between New Delhi, Beijing In a bid to give a boost to bilateral trade relations, India and China are likely to firm up a Comprehensive Economic Cooperation Agreement (CECA) when Chinese Premier Wen Jiabao visits the country next month.
LG to invest Rs 5 bn in Pune plant; add 3,000 hands LG Electronics India (P) Ltd (LGEIL), the Indian arm of South Korean chaebol LG Electronics Inc, is planning to infuse an additional Rs 5 billion and recruit another 3,000 hands by 2010 for increasing production facilities at its Ranjangaon facility, near Pune.