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Tata’s Ginger Hotels among bidders for rail complexes

Tata’s Ginger Hotels among bidders for rail complexes

Ginger Hotels of the Tata Group is among the bidders for the projects of the Rail Land Development Authority's (RLDA) 15 multi-functional complexes (MFCs) out of 43 MFCs offered for development this year till now. RLDA is a statutory authority established by the Union Ministry of Railways for generating non-fare revenue from railway land.

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ONGC plans to re-distribute stake in CBM blocks

ONGC plans to re-distribute stake in CBM blocks

Media reports indicate that ONGC plans to re-distribute its stake in the coal-bed methane blocks of North Karanpura and Ranigunj to bidders other than Dart Energy. ONGC plans to re-distribute the stake because Dart Energy refused to take 25 per cent stake in North Karanpura and 10 per cent stake in