Wednesday, June 9, 2010

Corporate Snippets

Reliance Industries got a year’s extension for its SEZs in Haryana and Navi Mumbai. (BS)

Hindustan Unilever intends to dramatically increase its rural distribution reach. (BL)

Tata Steel said its subsidiary, Tata Steel Global Mineral Holdings, has raised its stake to 27.4% from 19.9% in Canada's iron ore explorer New Millennium Capital Corp. (FE)

Hindalco expects domestic demand to post a double-digit growth in the current financial year. (BS)

Hindalco Industries plans to borrow about Rs140bn in the next couple of years to build two new plants. (ET)

Tata Power plans to add 750MW during 2010-11. (BS)

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