Journalism of Courage
New Delhi: ONGC Videsh Ltd,the overseas arm of Oil and Natural Gas Corp,and Cairn India Ltd are likely to bid jointly for oil and gas blocks in Sri Lanka. Sri Lanka is offering 13 offshore exploration blocks in the Cauvery and Mannar basins,located to the North and West of the island nation. OVL,Cairn are likely to bid for three of them together,sources with direct knowledge of the development said. PTI
10th AI Dreamliner flown in from the US
New Delhi: Notwithstanding a string of glitches faced in the recent past,the tenth Dreamliner of Air India flew in here from the Boeing headquarters in Seattle today,with civil aviation minister Ajit Singh on board. PTI
Zomato raises 37 mn in fresh funding
New Delhi: Zomato,a web-based restaurant search engine,said on Wednesday it had raised 37 million from Sequoia Capital and Info Edge India to fund its expansion in overseas markets. PTI
Bhattacharya to be NIBM director
New Delhi: The RBI has approved the selection of Achintan Bhattacharya retired joint secretary of the department of financial services for the post of director,National Institute of Bank Management,the apex bankers training institute. ENS
SMS spurt: Sebi cracks the whip on 37 entities
Mumbai: In a major crackdown on entities luring investors fraudulently through SMSes,Sebi has barred 37 entities from capital markets. The market regulator had initiated an investigation after it noticed an outburst of short text messages SMSes during February-March 2013,luring investors to buy the scrip of SMS Techsoft India Ltd. PTI
