± HUL may hike prices by mid-year. (TOI)
± Shree Renuka plans to put in final bid for Brazil’s Equipav SA Acucar E Alcool. (ET)
± McNally Bharat bags Rs 57-cr orders from Hindalco. (BS)
± Istithmar PJSC, Dubai sold entire 13.05% stake in SpiceJet. Reliance Mutual, Birla Mutual and DSP BlackRock — and a FII together bought the offloaded stake. (BS)
± TPG looks to acquire a majority stake in Vishal Retail for Rs2.5bn. (BS)
± Dishman Pharma receives USFDA nod for producing Active Pharmaceutical Ingredients (API) at its Naroda facility. (BS)
± ICICI Prudential investment arm set to buy 40% in residential project of the Ansal API group in Ghaziabad. (BS)
± BPCL plans to convert 60 ‘In&Out’ outlets into profit making ventures such as food courts and coffee shops by the next fiscal. (ET)
± Inox Leisure purchased an additional 7.21% stake in Fame India through a block deal for Rs127.7mn. (ET)
± Kingfisher Airlines hires Seabury Aviation & Aerospace, US to advise on its restructure plans. (BS)
± Reliance Media objects to Inox’s Fame acquisition at Rs 44 a share. (ET)
± Electrotherm India is looking at exporting its Yobykes to developed countries like the US and in Europe. (BS)
± Graphite India has lined up investments of Rs4bn over the next one year for capacity expansions and setting up a thermal power plant in Durgapur, West Bengal. (DNA)
± Eveready mulls Rs1.5bn acquisition of a FMCG firm. (FE)
