BHEL has set a target to supply 12,000MW of power equipment, 3x of what it supplied in the previous fiscal, to power companies such as NTPC in 2010-11. (BL)
NTPC plans to borrow Rs128bn during the current fiscal for its capacity addition program. (BL)
IOC along with the Tamil Nadu government will invest Rs100bn to set up a gas storage terminal in the state. (ET)
The promoters of DLF will list their real estate investment trust firm, DLF Assets Ltd, in Singapore in September to raise about US$1.2bn. (FE)
Bajaj Auto said it will produce a car that will cost US$2,500 in collaboration with the Renault-Nissan alliance. (ET)
Reliance Communications has entered into talks with handset makers, including Samsung, LG and Motorola, for procuring smartphones based on Android operating systems. (FE)
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