Adani Power plans to set up a 1,320MW coal-based thermal power plant in Madhya Pradesh. (BL)
Adani Power has decided to scrap one of its long-term power supply pacts with the apex power utility GUVNL, thus attracting a penalty of Rs1bn. (ET)
Court ruling allows Cipla to market generic cancer drug. (BL)
PFC may hive off its renewable energy business and consortium lending in early 2010-11 to leverage the current investment boom in green energy projects and diversify its asset base. (BS)
NIIT Technologies will launch its bundled cloud computing offerings from the first quarter of the next financial year. (BL)
GMDC is embarking on a line-up of projects involving investments of Rs40bn. (BL)
Reliance Capital Partners, an ADAG company, upped the ante against Fame India by raising its stake in the latter to 7.89% from 6.25% and also threatened regulatory action against the theatre chain. (BS)
Titan Industries plans to take the Titan brand to more countries in the Asian region over the next few years. (BL)
Bank of India has cancelled its US$500mn dollar denominated bond sale, citing volatility in credit markets. (ET)
