GAIL (India) Limited and Brahmaputra Cracker and Polymer Limited (BCPL) have entered into an agreement for marketing all the petrochemical products produced from Bramhaputra Cracker and Polymer Limited at Lepetkata, Assam.

Fears of another recession in the United States loomed as the government reported slower growth in the second quarter and the International Monetary Fund said the country's financial system remains fragile.

Eveready Industries India Ltd is planning to expand its products portfolio to reduce dependency on batteries, a company official said here Friday.

India plans to set up a $10-billion infrastructure debt fund for long-term financing infrastructure projects across the country, Planning Commission deputy chairman Montek Singh Ahluwalia said late Friday.

There will be a complete switch over from analog to digital broadcast signals in the country in a phased manner by December 2013,  Telecom Regulatory Authority of India (TRAI) Chairman J.S. Sarma said Friday.

A whopping Rs.75,509 crore ($16.77 billion) was the amount of tax outstanding against companies in India as on April 1, 2009 of which Rs.9,748 crore ($2.16 billion) was recovered last fiscal, parliament was informed Friday.

Hydropower major Satluj Jal Vidyut Nigam Ltd (SJVNL) has achieved more than seven percent growth in its net sales during the first quarter of this fiscal from its maiden project in Himachal Pradesh, a company's top official said Friday.

Private sector power and automation company ABB India Friday reported a 54.17 percent decline in net profit at Rs.38.31 crore in its second quarter of 2010 as against Rs.83.60 crore in the like period of 2009.

Private sector Hindustan Construction Company (HCC) Friday announced that its subsidiary, Lavasa Corporation, will be entering the capital markets with an initial public offering (IPO) of Rs.2,000 crore.

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