± BHEL to hire 8,000 people in the next two years to meet growing domestic demand. (ET)
± Abbott labs has announced an open offer to acquire 20% of Solvey Pharma India at Rs3,054 per share. (ET)
± Union Bank of India will price its public issue in a range of Rs60-66 per share. (ET)
± JK Lakshmi Cement to raise Rs6bn via ECBs and rupee term loans in the next quarter to finance its Greenfield projects. (ET)
± Mahindra Satyam is looking to hire around 5,000 people, including freshers and experienced professionals, by the end of next month. (BS)
± Havells India plans to produce ceramic metal halide (CMH) lamps which are designed for indoor and outdoor lighting applications. (BS)
± Novartis is looking to buy out the remaining stake in US-based eye care group Alcon by the end of this year. (BS)
± Areva T&D India has been awarded a Rs1.2bn contract for electrical Balance of Plant (eBOP) by L&T Power for state utility, Madhya Pradesh Power Generating Company Ltd. (BS)
± L&T General Insurance is ready to launch its operations in the next three-five months. (BS)
± SpiceJet will start flights on international routes by this year if it receives all the requisite approvals. (BL)
± Chettainad Cement is planning to raise its capacity to 25mtpa by 2020 from 8.5mtpa currently. (ET)
