Friday, June 11, 2010

Corporate Snippets

Bharti Airtel has announced an extension of its managed services portfolio by entering into a strategic relationship with VMware. (BL)

Infosys BPO will look for acquisitions in Europe and Africa this year. (BL)

The Metallurgical, Material Handling & Water Operating Company of Larsen & Toubro has secured orders totaling Rs7.5bn. (BL)

Wipro and automobile and parts distribution specialist TV Sundram Iyengar & Sons have signed a 10-year total outsourcing contract. (BL)

Reliance Power is buying out two coal companies in Indonesia. (BL)

HCC has sold 74% stake in a commercial building to IL&FS Milestone Fund for Rs5.8bn. (ET)

JSW Energy may pick up 70% in South Africa-based Indian Ocean Mining. (ET)

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