Friday, July 23, 2010

Corporate Snippets

Bharti Airtel has shortlisted IBM, HP, Accenture, Wipro & Tech Mahindra for its billion-dollar-plus IT outsourcing contract in Africa. (ET)

Infosys Rs25bn SEZ in Sarjapur to get operational by March 2011. (ET)

ONGC is interested in buying BP’s stake in the Vietnam project where BP has 35% participating interest in the block.(FE)

Bajaj Auto’s new car project will roll out from its Waluj plant in Aurangabad, not from the one at Chakan, near Pune. (BS)

JSW Steel is likely to announce a stake sale to Japan’s second-largest steel maker, JFE, after about eight months of discussion. (BS)

Arvind Ltd will invest Rs3bn over the next three years to expand its retail footprint. (BS)

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