http://india-business-review.com Facts, Trends and Views on Business in India Wed, 02 Sep 2009 15:55:06 +0000 http://backend.userland.com/rss092 en Indian Oil Corp will do nuclear power generation. IOC, a Fortune 500 company and India's largest oil refiner-marketer with $58 billion (Rs. 2,85,337 crore) in sales, has informed the government that it would form a joint venture with Nuclear Power Corporation of India (NPCIL). IOC will hold a stake of ... http://india-business-review.com/indian-oil-ioc-to-enter-nuclear-power-projects/ Given the nature of the multi-billion dollar natural gas resources under dispute, it is interesting, and welcome to have a transparent debate.  This is probably the first time that any corporate in India has taken this approach. We appreciate this this bold stance by Anil Ambani, and we welcome the ... http://india-business-review.com/new-dynamics-in-indian-gas-futures-ril-rnrl-ntpc-petroleum-ministry/ Fortis Healthcare, the hospital-chain, is coming up with a 2-for-5 rights share issue. And the subscribers will also be entitled to two detachable warrants. Announcement Date 24-12-2008 Rights Ratio 2:5 Face Value Rs 10 Premium Rs 100 Record Date 20-08-2009 Ex-Rights Date 18-08-2009 Fortis will price its ... http://india-business-review.com/fortis-healthcare-plans-2-for-5-rights-share-issue/ Following is the transcript of Anil Ambani presentation during today’s Reliance Capital AGM. ------------------------------ My dear fellow Reliance Capital shareowners, I am delighted to welcome each one of you to this 23rd Annual General Meeting of our Company. It has been a year of substantial achievements for our company, in the face of ... http://india-business-review.com/reliance-capital-agm-2009-presentation-by-anil-ambani/ Reliance Capital aims to be a world-class financial enterprise, chairman Anil Ambani said today at the company's AGM in Mumbai: “Our focus has shifted from gaining market share to profitability,” he said. Anil Ambani also said Reliance Capital company was considering various options to unlock value in the insurance business, and ... http://india-business-review.com/reliance-capital-sell-stake-insurance-business/ The Indian Government today presented the Economic Survey of India 2008-2009 in the Indian parliament. The FY 2009-2010 budget session commenced today with Finance Minister Pranab Mukherjee tabling the Economic Survey of India for the year 2008-09. The railway budget 2009 will be presented tomorrow by the railway minister Mamta ... http://india-business-review.com/indian-government-shares-economic-survey-of-india-2008-2009/ Reliance Infrastructure Limited has informed the Exchange that the equity shareholders of Reliance Infrastructure Limited, at their meeting convened pursuant to the Order of the Honble High Court of Judicature at Bombay, held on June 09, 2009 have approved the Scheme of Arrangement between the Company and its wholly owned ... http://india-business-review.com/scheme-of-arrangement-between-reliance-infrastructure-and-its-fully-owned-subsidiaries/ Ranbaxy Laboratories Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 24, 2009, has transacted the following: 1. Mr. Malvinder Mohan Singh stepped down as Chairman, CEO & Managing Director of the Company with immediate effect 2. Mr. Sunil Godhwani, Mr. Balinder Singh ... http://india-business-review.com/ranbaxy-management-shakeout-malvinder-singh-leaves-atul-sobti-new-ceo/ Reliance Industries Ltd. (RIL) has received government approval to sign agreements with firms supplying gas to households and car owners in major cities. RIL got Indian govt approval for the allocation of gas from RIL's Krishna-Godavari basin to gas distribution firms (CGD) in Delhi as well as Mumbai, Ahmedabad, Gandhinagar, Agra, ... http://india-business-review.com/reliance-industries-gets-govt-approval-for-piped-gas-deal/ ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), is likely to invest .45 billion in an oil block in Iraq that was awarded to it by the erstwhile Saddam Hussein regime. “The service exploration and production contract for Block-8 have been concluded and the agreement ... http://india-business-review.com/oil-and-natural-gas-corp-ongc-videsh-updates-from-middle-east/