RSS Feed
NeilRamn
Maxine_D
2dgGaikw
RichiBig
AidanMoo
Billiona
tolcher
discjock
shubho20
sudhaneg
realmaha
mymoneym
Stormywj
Humungoi
WildAnim
In the bidding war, by making upper hand State-run Oil and Natural Gas Corp (ONGC.NS) and GAIL India (GAIL.NS) offer $2 billion to Africa-focused gas explorer Cove Energy to acquire it.
The major interesting fact is that the bidding of this week was made jointly by ONGC Videsh Ltd, the overseas investment arm of oil explorer and producer ONGC, GAIL.
Reserving top 30 trillion cubic feet of natural gas, Cove has 8.5 percent stake in Mozambique’s Rovuma Offshore Area 1.
This month govt. might be seemed to put major attention on business sector and does not allow any illegal threat over it.
Yesterday, the Supreme Court disqualified and officially declared invalid the decision took by Delhi High Court over permitting Italian Company to bid for power equipment.
While NTPC had invited bids for supply and installation of Steam Generator package, the super-critical power equipment, for run coal-based thermal power projects across the country.
While Italian boiler manufacturer Ansaldo Caldaie Boilers (ACB) applied for bid, NTPC, following international competitive bidding procedures had dismissed the bid of ACB, on January 5, 2011, due to lacking of minimum qualifying requirements that set out in the bid documents.
In some interesting news from Technology sector, it is said that major IT and tech firm HCL has showed their interest in the bidding for the Aakash II tablets after the governments issued an expression of interest (EoI) for it.
The declaration was made to media by a senior company official at the ISA Vision Summit 2012. He said, “HCL Info may offer its expertise in manufacturing as the demand for the tablet has reached the million mark.”
Though, the Union Minister for HRD, Communications & IT, Government of India, Kapil Sibal has earlier said that the ultra-low cost Aakash tablets will soon be available for free to every Indian student.
Mr. Kapil Sibal also said in his speech that the central government will soon introduce Aakash II, the successor to the first generation Aakash tabs, which is a faster and more professional version of the Aakash that was introduced earlier.
