± RIL loses bid for Canadian firm Value Creation to British energy major BP Canada, which has taken a controlling stake for ~US$1.2bn. (BS)
± Bharti Airtel has issued a term sheet to banks to raise up to US$8.5bn in offshore loans to fund the acquisition of African mobile operator Zain. (ET)
± State Bank of India is likely to raise Rs200bn via rights issue by the year-end. (ET)
± Hindalco Industries has received a loan commitment of over Rs100bn from more than 10 banks for the Rs49bn debt the company plans to raise for its Utkal Alumina Refinery. (BS)
± Boeing will pay US$145mn compensation to Air India (AI) for delay in deliveries of the Dreamliner B787-800. (BS)
± Nissan Motor along with its joint venture French partner Renault, has invested around Rs28.8bn at Oragadam, near Chennai. (BS)
± Nissan Motor scouts for yet another Indian partner to develop one more car that will be placed between Micra and proposed ultra low cost (ULC). (BS)
± Reliance Communications has said that it was open to acquisitions in the country to grow its presence in the domestic market. (ET)
