Friday, April 9, 2010

Corporate Snippets

Tata Motors reported that the Land Rover sales in UK rose 67% to 11,300 units in March in UK. (ET)

Grasim Cement is planning to setp up a cement manufacturing facility in Tamil Nadu with an investment of Rs8bn. (BS)

ACC plans to ramp up its production capacity to 30mtpa from 26mtpa by the end of this year. (BS)

IOC has raised Rs13.5bn from sale of oil bonds in secondary markets. (FE)

Essar Energy aims to raise US$2.5bn through a share sale in London. (ET)

GVK Power and Infrastructure is likely to take management control of Bangalore International airport today. (ET)

Aban Offshore has bagged a contract to worth US$159mn from Brunel Shell Petroleum Sendirian Berhad for deployment of one of its rig. (ET)

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