Thursday, July 8, 2010

Corporate Snippets

IDFC to raise Rs8.4bn through the sale of convertible securities to Khazanah, investment holding arm of Malaysian government and Actis. (ET)

Reliance Infra to buy power from three suppliers for the next three years. ((ET)

Maindra Satyam sets up centre for BASF services in Chennai. (ET)

NMDC in talks to buy coal mines in Russia. (ET)

Kingfisher Airlines has agreed to pay all its dues to HPCL by July 31
Gitanjali Gems enters into real estate business. (BS)

Media companies such as PVR, Balaji Telefilms and UTV Motions have opposed tax on copyright services. (BS)

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