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BPCL to match Brazilian offers for Videocon's oil basins

BPCL has until May 30 to match the offers.


Nirmal, Godrej Properties collaborate to develop 2 million sq ft+ in Mumbai

Nirmal has entered into a development management agreement with Godrej Properties. JLL India structured the transaction which was facilitated through Nirmal’s strategic arm Nirmal Ventures. This newly launched vertical aims at bringing world-class developments to the MMR region through unique part..


5-star ACs are working like 2-star models

Efficient air-conditioners (ACs) may well be a misnomer, according to a recent study by the Centre for Science and Environment (CSE). An AC with energy ratings of five-stars performs like one with two-stars when the temperature soars to 40ºC.


Indian consortium find crude oil in Brazil

A consortium, which includes Bharat Petroleum and Videocon Industries, has made a significant crude oil discovery in a well drilled in the BM-SEAL-11 exploration block in the Sergipe basin off Brazil´s Northeast coast.


Anadarko to seek more bids

Anadarko Petroleum and Videocon Industries, has plans to dilute 20 per cent of their holding in a natural gas block in Mozambique, may seek expression of interest from some more players.


The strategist

Videocon Industries, led by Group Chairman Venugopal Dhoot, is all set to sell its 10 per cent stake in Rovuma Area 1 Offshore Block in Mozambique for $2.475 billion (approx Rs 14,750 crore) to ONGC Videsh Ltd and Oil India.


Videocon stalls power, steel project in Bengal

The Videocon Group has stalled its Rs 20,000-crore steel and power plant project at Jamuria.There were speculations that the consumer electronics major might relocate the project amid land acquisition hurdles. The minimum land requirement for the project is about 1,800-2,000 acre.he company had sign..


Mozambique gas to be sold in India

Videocon Industries, which has 10 per cent interest in a Mozambique oil and gas block operated by JV partner Anadarko Petroleum wants to bring its share of gas to India and sell it in the country.


Gujarat allots land for power project

The Gujarat Government recently allotted 200 acre to Videocon Power for its proposed 1,200 MW coal fired power project at Pipavav. The Rs 8,000 crore project has completed the entire 1,100 acre land acquisition and expects to invest Rs 5,000 crore for the Phase-I and Rs 3,000 crore for the Phase-II ..


Sesa Goa buys Goa Energy

Sesa Goa bought Goa Energy for Rs 101 crore from Videocon Industries and other shareholders. This step will enable the company to exploit synergies with its pig iron and coke making operations at Amona


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