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Oil and Gas Corporation (ONGC) has submitted a government proposal to increase paid up capital by ONGC Videsh of Rs 300 crore according to RS 500 crore. ONGC Videsh is a subsidiary of ONGC, is investing in oil ventures abroad. "The registered capital of ONGC Videsh is relatively low compared to debt on its balance sheet. The issue of debt-equity compared sometimes the way of smooth running of our business abroad. We also proposed that the authorized capital of ONGC Videsh, up to Rs 5000 crore, "Mr. Subir Raha, Chairman and Managing Director, ONGC, said the edge of the newspersons launch of

Kolkata, Sept. 2 THE Morepen Laboratories is on a temperamentvollen move up and was hitting the upper filter for the last eight meetings on major stock exchanges. Progress at an interface RS below 10 (52 weeks lowest R 9) at 17.20 on the RS today, close to the BSE crisis. Top traders, some operators Kolkata and Mumbai small group of brokers, according to reports are behind the controls of the current jack-up. Your average import price, said nearly Rs 7, distributors mentioned. According to some brokers, trade model allegedly symptoms of a circular bar in the trade. "Investors are not intend

Equity Office Allows Vornado Group to Review Books (Update4) Equity Office Properties Trust, the largest U.S. office landlord, agreed to open its books to Vornado Realty Trust, which is leading an unsolicited $21.6 billion takeover bid. Equity Office is providing information to Vornado, Starwood Capital Group Global LLC and Walton Street Capital LLC, and expects a definitive proposal from the group by Jan. 31, Equity Office said in a statement. Chicago based Equity Office reiterated that its board still recommends Blackstone Group LPs all cash offer of $20 billion, or $48.50 a share. It validates that Vornados offer is a real

Columbia Business School announced today the establishment of its Private Equity Program (PEP). Under the direction of Professor Laura Resnikoff, the PEP will strengthen the Schools ties to the private equity industry by linking students, alumni and the business community. Over the past several years, Prof. Resnikoff has developed a number of initiatives geared toward the private equity industry, including an alumni advisory board, a series of alumni mentoring breakfasts, a mentoring program between Executive MBA and full-time MBA students who share private equity interests, and an annual joint event with the London Business School. In her new role as Director of

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