Tata Steel: Steel giant Tata Steel has warned the British government about its plans to shut down two research and development facilities in the country and shift them overseas including to India, resulting in 300-400 job cuts in the UK.
Reliance Industries: Oil regulator DGH wants Reliance Industries (RIL) to give up 86 percent of its KG-D6 gas block area, including eight gas discoveries worth at least USD 5 billion, saying that the firm has overshot the time allotted to it for developing the area.
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