Biz Briefs

BSE has announced a change in trading time in a bid to boost trading in its derivatives segment. With effect from Friday, December 18, 2009, the trading will commence from 9:45 a.m. to 3:30 p.m.

Corus on Tuesday said it will invest 35 million euros (around Rs 238 crore) in its rail production facility in France as it has secured a contract worth 350 million euros from French railway operator SNCF.

The government said RIL has provided most of the papers relating to its eastern offshore KG-D6 gas fields and the nation’s top auditor CAG is ready to begin audit of expenses incurred in developing the fields.

IATA has put India on the ‘Wall of Shame’ for hiking airport user charges by over 200 per cent, but hopes that the Airports Economic Regulatory Authority would play a role to rationalise these charges.

Vedanta has asked the Orissa government to restrict entry of foreign NGOs in the area where it proposes to mine bauxite, as part of its $8-billion project in the state, saying they were instigating locals.