Iran offers 40% in South Pars gas field to OVL, Hindujas

Iran today offered 40 per cent
stake in a giant gas field in the Persian Gulf to India`s ONGC
Videsh Ltd and NRI business conglomerate Hindujas, who would
split the stake equally.

Hindujas, Datacom to wait till TRAI issues recos

The entry of the Hindujas, Datacom and Moser Baer into the mobile telephony business would be delayed further as the TRAI has asked the government not to grant any new licences till it issues recommendation on spectrum allocation.