Operatorship of Tapti, Panna-Mukta fields -- ONGC spurns BG's compensation offer
THE Oil and Natural Gas Corporation (ONGC) has turned down BG India's (BGI) offer of close to $15 million as compensation for obtaining operatorship of the Tapti and Panna-Mukta discovered oil and gas fields, from where Enron recently exited.

HSBC upbeat on India; to employ 1,500 more
THERE is a silver lining to every cloud. Last week, two foreign broking firms — BNP Paribas and WI Carr — announced the closure of their Indian arms, leaving around 50 jobless. But now there could be new opportunities for them and many others in Hongkong and Shanghai Banking Corporation (HSBC), which is expanding its operations in India.

First Global promoters to sue Govt for Rs 500 cr
MR Shankar Sharma and Ms Devina Mehra of the scam-tainted stock-broking firm, First Global Stock Broking, are planning to file a suit against the Government claiming punitive damages to the tune of Rs 400-500 crore.

Insurance PSUs turn backs on rights issues
ALL the four public sector general insurance companies have decided to stay away from investments in rights issues - debt and equity - of large corporates.

Has Tata Fin fired auditors?
HAS Tata Finance Ltd (TFL) terminated the services of its auditors, internal and statutory?

Snowcem buyback at Rs 75 per share
PAINT company, Snowcem India Ltd today announced a buyback of shares at Rs 75 per share.

Still in school? Time to plan your pension
AT what stage of your life should you start thinking or be nudged into thinking about retirement planning and pension?

Tasting wine the French way
FRUITY...Dry...Lingering...Short...By themselves, these words hardly evoke any emotion. But when uttered by a Frenchman with all passion, they refer to one thing: Wine. French wine at that.

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