ALMYETYEVSK / Reuters A global deal cutting crude output has forced mid-sized Russian oil company Tatneft to curb flows at some fields, leaving it with lower revenues but little relief from maintenance and running costs. Its response: innovation. Yelkhovneft, a Tatneft unit in the semi-autonomous republic of Tatarstan some 1,200 km (750 miles) southeast of Moscow, has cut oil output …

Bloomberg When Prime Minister Narendra Modi’s government approved $256 million to upgrade a section of a remote border road last month, few took notice. Yet India’s decision to revive plans for the trilateral highway, part of an ambitious 1,360-kilometre (845 mile) crossing to link northeastern India with markets in Thailand and beyond, marks the next phase in the jostle between …

Bloomberg Nearly six months after his turbulent elevation to run India’s biggest conglomerate, Natarajan Chandrasekaran is assembling a team of dealmakers to refocus some of the group’s biggest businesses, expand its financial services and consumer businesses and sell or merge dozens of smaller units, according to interviews with senior executives. As many as one-third of the group’s 100-plus units could …