Monday, May 3, 2010

Corporate Snippets

United Spirits may spin off bottled water biz into separate subsidiary. (BS)

ArcelorMittal is in talks with SAIL for a possible tie-up. (BS)

MindTree outbid TCS, Infosys and Wipro to win Rs300mn contract from India’s Unique Identification Authority. (ET)

IOC plans to expand capacity of its Panipat refinery by 25% to 15mn tones from October. (BS)

L&T won contract worth over US$81.6mn from Abu Dhabi Ports Company. (BS)

Wockhardt
Maruti Suzuki India reported sales of 93,058 units which marked a 29.7% increase over 71,748 vehicles sold in April 2009. (BL)


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