Monday, 26 August 2013

NEWS WRAP - AUGUST 26, 2013

  • At Infosys, Power centre shifts to Narayana Murthy's Office; Murthy overturns CEO Shibulal's move to Decentralise decision-making.
  • Government to appoint Expert to check RIL Gas Hoarding Issue.
  • Gail India in talks with Qatar to secure 3 million tonnes of LNG; offers help to Qatar Petroleum to acquire 5% Equity in Petronet LNG.
  • NSEL Chairman Shankarlal Guru, resigned from the Board.
  • ONGC plans to pay $2.6 Billion to buy Anadarko Petroleum (APC)'s Gas Stake in Mozambique Gas Field.
  • India's Long Shoreline at a risk of Serious Ecological Disaster.
Source: Economic Times

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