Thursday, July 1, 2010

Corporate Snippets

GMR Infra and GVK have approached the competition commission of India to get clearance for a 10% hike in aeronautical charges like landing and parking traffic. (ET)

Tata Power to raise Rs14bn by selling 15% in 2 coal SPVs. (ET)

Two Republican lawmakers back US Loan for Reliance Power for a coal-fired plant in Madhya Pradesh. (ET)

Mexico has denied setting up a refinery project with Reliance Industries. (BS)

L&T bags orders worth Rs13.83bn. (BS)

M&M is looking at buying one of the Australian facilities of Boeing. (BS)

Sumitomo to buy 4.5% in Kotak Bank for Rs13.66bn. (ET)

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