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Govt formally issues EGoM decision taken last month on KG-D6 allocation
Ten power companies, including NTPC, Ratnagiri Gas and Power Pvt Ltd (RGPPL), Lanco and GMR Energy, will get KG-D6 gas in the second round of allocation decided last month, confirmed a government release issued on Monday. The decision has been reported already. Reliance Industries Ltd (RIL), operator of the D6 block in the Krishna-Godavari basin, will also be getting gas for consumption at its refineries and petrochemicals business, as well as for its captive power plants.

Centre to hear concerns of ArcelorMittal, Posco, Orissa
A meeting of officials of the Orissa government, ArcelorMittal and Posco will be held this week to clear the hurdles delaying investment of around Rs one lakh crore in the state by the two global steel giants.

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BHP Billiton, Rio JV could curb China's control on ore prices
India, with exports of over 100 million tonnes of iron ore, must be keenly watching as to how soon the recently sealed joint venture (JV) between BHP Billiton and Rio Tinto to combine their mining operations in the Pilbara region of Western Australia will cross the regulatory hurdles at European Union Competition Commission and also China’s competition regulator. However, sweetly the JV is now framed to placate raising of market dominance questions, iron ore buyers fear that pooling of knowledge about production volumes and demand by the pair in JV will put them at a distinct disadvantage.
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HC says no to Pernod Ricard's exclusivity claim on 'Imperial'

The Delhi High Court has rejected a claim of exclusivity by global alcoholic giant Pernod Ricard over usage of the word "Imperial", thus allowing other liquor makers to use it in their respective brands. - Sandero rings a Santro bell in Hyundai - Mahindra Renault clarifies on "Sandero" brand - Bisleri told to stop using Maaza trademark - I-T dept approaches High Court on tax relief to SNC Lavalin - HC notice to Centre over pay discrimination - Judges" assets: Supreme Court says CJI beyond RTI ambit Passing its judgement on a petition filed by Indian firms Rhizome Distillers and Durga Liquors, a division bench of Justice Vikramjit Sen and Justice V K Jain held that Pernod Ricard does not have any exclusivity over the word "Imperial" which it uses for its popular liquor brands, Imperial Blue and Imperial Red. "The word "Imperial" is used by several other manufacturers of alcohol such as Imperial Tribute, Imperial Famous, Tetley"s Imperial, Imperial Hero Five Whisky...All these parties have to co-exist," the court said. "In view of the widespread use of word "Imperial", specially in the alcohol business, it is not possible to accept the contention of Mr Chandra (Pernod Ricard counsel) that the word Imperial has attained secondary meaning which would justify exclusivity," it said. The bench allowed Rhizome Distillers and Durga Liquors, to market their whisky "Imperial Gold" under the condition that the word "Rhizome" be prominently displayed and change packaging to avoid similarity with Pernod Ricard"s Royal Stag brand.


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