Corporate Snippets

L&T plans to restructure JV with Mitsubishi. (BS)

HCL Corp sells 2.5% stake in HCL Tech for Rs5.8bn. (BS)

Alstom enters into JV with BHEL and NPCIL to tap Indian nuclear power market. (BS)

ING sells 3.1% stake in Kotak Bank for Rs8bn. (BS)

Jet and Godrej to ink Mumbai land deal soon. (BS)

Tata Tele plans Rs10bn capex this year. (BS)


Powergrid’s new bidding norms to hit Chinese vendors. (BS)