| Sensex
bounces back, ends up 703pts
|
Mumbai
July 2:
The Sensex opened marginally (14 points) higher at 12,962. After
extending gains in the opening trades, the index slipped into
negative zone to a low of 12,823 owing to nervousness in the
market.
|
| ONGC
and partners bag most oil&gas blocks
|
Madrid
July 2:
State-run Oil and Natural Gas Corp (ONGC) and partners have
bagged the most number of oil and gas exploration blocks offered
by India in its largest ever international bid round that closed
earlier this week.
|
| RIIL
to focus on infrastructure and project related areas
|
Mumbai,
July 2:
Mukesh Ambani-controlled Reliance Industrial Infrastructure
Limited (RIIL), has earned a higher net profit of Rs 21.79-crore
in FY 08, up by 14.02 per cent as compared to Rs 19.11-crore
in the previous year.
|
| Essar
gets over $45 mn for dropping Esmark bid
|
New
York July 2:
Ruias-promoted Indian conglomerate Essar group has got close
to Rs 200 crore (over $45 million) for withdrawing its bid for
US steel firm Esmark and the payment is coming from successful
suitor Severstal of Russia.
|
| `No
security threat from Blackberry'
|
New
Delhi July 2:
Sweeping aside the security concerns, an issue that generated
a major controversy leading to protests from Canada, the government
today gave a go-ahead to the operations of Blackberry services
in India saying there is no security threat from it.
|
| IDG
Ventures invests in Ozone Media
|
Bangalore,
July 2:
As part of the investment, Manik Arora and Ritesh Banglani from
IDG Ventures India will join the company's board of directors,
IDG Ventures said in a statement without revealing the amount
of investment.
|
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