* India plans to cut oil imports from Iran by 10 to 15
percent in the next fiscal year, and more if Tehran does not
lower prices to help cover higher costs resulting from Western
sanctions, a government source said. (Reuters)
* The fertiliser ministry has opposed Reliance Industries'
demand for hiking the KG-D6 gas price in line with the
Asian LNG spot price, according to a ministry official.
* The government may look to sell a 12.5 percent stake on
Rashtriya Chemicals and Fertilizers, highly placed
government sources informed Business Line.
* Carlyle, KKR, Temasek and TPG
Capital have begun preliminary talks with the
management of Lafarge India to buy a minority stake, two people
close to the transaction said.
* Reliance Power's founder companies have raised
15 billion rupees ($275 million) by selling a 5.42 percent stake
in the Indian firm, Reliance said on Wednesday.
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