Corporate Snippets

Infosys looking at acquisition of the size US$500mn. (BL)

NTPC-BHEL venture is mulling technology tie-up with global companies. (BL)

Tata Steel to increase stake in Canada mining firm, New Millennium Capital Corp. (BS)

The Government may give preference in gas allotment to power projects of the ADAG Group if RIL picks up equity stakes in them. (ET)

GM has snapped its partnership with Reva and will roll out electric cars on its own after it was acquired by M&M. (ET)

Promoters of Tata Steel may invest Rs1.33bn, a move that would increase the promoters holding by 3% to 38%. (ET)