± Private Banks, HDFC Bank, ICICI Bank and Kotak Mahindra Bank raise rates on home and auto Loans. (ET)
± Government likely to set NMDC floor price for the FPO at 30-35% discount to the current stock price. (ET)
± IOC’s Paradip refinery in Orissa to commence operations by November 2012 which may dent the available income tax breaks. (ET)
± Infosys plans to have a third of its total revenues coming from new services, including cloud computing and platform-based offerings, over next few years. (ET)
± Nissan will continue to source the Pixo, a small car from Maruti Suzuki, until the contract expires in 2012. (BS)
± TTML is preparing a war chest of Rs85bn to bid in the forthcoming 3G auctions. (ET)
± NMDC is planning to raise long-term contract prices of iron ore by 40-50%, effective April 1, 2010. (BS)
± Wipro has rejigged its non-IT businesses along with leadership changes. (ET)
