Oil and Natural Gas Corporation (ONGC), the country’s biggest oil explorer, has a capacity to handle oil spills of up to 700 tonnes, the company said in its first sustainability report released last week. However, the company has affiliations with a collaboration of major global spill response organisations to combat spills of greater magnitude. The report covers a one year period ended March 31, 2010. The capacity of 700 tonnes is small if the recent oil spill of over 800 tonnes off the Mumbai coast, caused by collision between container vessel MSC Chitra and cargo ship Khailijia 3

 

Rolls-Royce Motor Cars Ltd plans to expand the $245,000 Ghost model line that went on sale last year as Bayerische Motoren Werke AG’s ultra-luxury nameplate aims to double sales in 2010. I’m quite confident that we’re going to see a Ghost derivative to come,” Rolls-Royce Chief Executive Officer Torsten Mueller-Oetvoes said in an interview at the car maker’s headquarters in Goodwood, England. “There’s still a lot of potential in the market” for a less formal Rolls model.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).

The country's largest carmaker Maruti Suzuki India today said global financial firm HSBC has increased its stake in the company marginally to 7.03 per cent through an open market transaction for about Rs 58 crore. According to a communique to the Bombay Stock Exchange, Maruti Suzuki India (MSI) said HSBC Global Investment Funds had picked up 0.15 per cent stake, comprising 4.38 lakh shares, through the open market on September 14. Although the company did not share the financials involved, based on the closing share price of MSI at Rs 1,346.10 a piece on the day of the transaction, HSBC is estimated to have paid Rs 58.96 crore.

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The above article was extracted from Skyline updates of Skyline College. Skyline College is amongst the top MBA and BBA institutes in Delhi, Gurgaon (NCR).