{LONGTERMINVESTORS} Corporate Snippets ² Increased output by Coal India has resulted in savings of about Rs 170bn and the state-run miner is set for a record production of 550mn tonnes (MT) this fiscal, a top ministry official said. (BS) ² Oberoi Realty sold 645 housing units for about Rs 18bn in the third quarter of this fiscal, largely in its newly-launched residential project at Borivali in Mumbai. (BS) ² HPCL has received the environmental clearance (EC) to expand its refinery at Visakhapatnam in Andhra Pradesh from 8.33mn tonne per annum to 15.0 MTPA. (BS) ² Indian Oil Corporation’s latest refinery in Orissa, the first in over a decade for the nation’s largest fuel major, started production of petrol from the Rs. 346bn facility. (BL) ² Godrej Consumer Products Ltd (GCPL) is targeting 10% market share in the hand wash and hand sanitisers segment in the next three years with its Protekt range. (BL) ² The 10% stake sale in Coal India is likely to be deferred to next fiscal as the government wants to w

Corporate Snippets

 

²  Increased output by Coal India has resulted in savings of about Rs 170bn and the state-run miner is set for a record production of 550mn tonnes (MT) this fiscal, a top ministry official said. (BS)

²  Oberoi Realty sold 645 housing units for about Rs 18bn in the third quarter of this fiscal, largely in its newly-launched residential project at Borivali in Mumbai. (BS)

²  HPCL has received the environmental clearance (EC) to expand its refinery at Visakhapatnam in Andhra Pradesh from 8.33mn tonne per annum to 15.0 MTPA. (BS)

²  Indian Oil Corporation's latest refinery in Orissa, the first in over a decade for the nation's largest fuel major, started production of petrol from the Rs. 346bn facility. (BL)

²  Godrej Consumer Products Ltd (GCPL) is targeting 10% market share in the hand wash and hand sanitisers segment in the next three years with its Protekt range. (BL)

²  The 10% stake sale in Coal India is likely to be deferred to next fiscal as the government wants to wait for stability in the equity market for a better valuation. (BL)

²  Online marketplace Flipkart has tied up with auto major Mahindra & Mahindra Ltd to exclusively launch the latter's newest SUV- KUV100. Consumers can book the SUV on Flipkart from January 18th, 2016. (ET)

²  In a first by a public sector firm, ONGC Videsh Ltd has refinanced a $1.8bn loan at lower rates to save nearly $37mn in interest payout, besides extending the repayment tenure. (ET)

²  Aurobindo Pharma has received final approval from USFDA to manufacture and market its Tranexamic acid injection and Paricalcitol capsules in the American market. (ET)

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Karishma Suvarna

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