Corporate Snippets

L&T bags Rs121.3bn Hyderabad metro project. (BS)

RIL has approached the Competition Commission against the government-controlled OMCs with a complaint of cartelisation and undercutting on prices for ATF in a tender floated by Nacil. (ET)


Bajaj Auto may issue bonus shares. (BS)

Tata Steel plans to raise about Rs16bn via a preferential allotment of shares and warrants to Tata Sons. (BS)

ONGC plans to invest US$4.05bn in producing natural gas from its ultra deepsea UD-1 discovery. (BS)

Bharti Airtel to partner with existing players in Africa to share infrastructure to reduce operational costs for Zain. (BL)