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RIL, ONGC may be bidders in $8-billion Addax sale
India’s two largest companies — state-run Oil and Natural Gas Corp (ONGC) and billionaire Mukesh Ambani-led Reliance Industries (RIL) — are being rumoured as the "mystery" bidders for UK-based Addax Petroleum, which could be sold for £5 billion (around $8.26 billion), a media report said here.

DB Corp dazzles on Day 1
DB Corp ended a Rs 265, stronger by about 25% to its issue price of Rs 212.

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State focuses on airstrip development to boost tourism
The state government intends to develop 12 airstrips in order to enable them to handle small aircraft suitable for air charter services for tourism purposes.
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Torrent Power to replace Reliance Petro on BSE-100 index

The Bombay Stock Exchange today said Torrent Power will replace Reliance Petroleum on the BSE-100 index with effect from September 25. - RIL gets HC approval for RPL merger - RIL"s Q2 tax provision may rise by Rs 263 cr: Auditors - Power utility Wartsila eyeing public generation sector - RoC gives clean chit to RIL-Reliance Petro merger - NHPC IPO"s grey premium hit by market uncertainty - Torrent Power rises 9 per cent Indusind Bank would replace Reliance Petroleum from BSE-200 index with effect from September 25, the BSE said in a statement. Further, the same scrip would be replaced by NHPC on BSE-500 index, the release added. Reliance Petroleum would be excluded from BSE Oil & Gas index, however, the effective date is not mentioned in the release. Meanwhile, shares of NHPC would be included in BSE PSU index and BSE Power index and Adani Power would be included in BSE Power index with effect from September 25, the release added.


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