± Nissan ropes in Ashok Leyland to take on Volkwagen’s small cars. (BS)
± Exide Industries plans to raise ~Rs5.4bn through sale of 50mn equity shares priced at Rs107.9per share to QIB. (ET)
± India Cements to raise over Rs11bn via QIP route. The funds would be used for setting up captive power plants. (ET)
± SAIL plans to setup a technology joint venture with a Japanese partner to make higher value products amid surging demand. (BS)
± Axis Bank plans to spin off its private equity (PE) business as a separate entity. (BS)
