TCS plans to hire about 3,000 people in FY11 across its global delivery centers to bring onsite support to its clients. (FE)
Suzlon Energy’s subsidiary, REpower Systems AG, bagged a contract for supply of 44 wind turbines for a project in Turkey. (FE)
Japanese drug major Daiichi Sankyo, which owns 63.9% in Ranbaxy, failed to convert the warrants issued by the latter into shares during the stipulated 18-month period. (BS)
Maruti Suzuki crossed the milestone of rolling out 0.3mn K-Series engines, its latest generation engine which powers new models, including A Star, Swift, Swift Dzire and Ritz. (ET)
International Finance Corporation plans to invest US$75mn (Rs3.3bn) in IDFC to make investments in renewable energy as well as cleaner production and energy-efficiency projects across the country. (BS)
Procter & Gamble’s biggest bet on a new diaper in 25 years has run afoul of some parents who say their babies suffered rashes and burns after using them. (BS)