Corporate Snippets

RIL to buy 60% stake in US shale-gas venture for US$392mn. (ET)

NTPC to get Rs250bn long-term loans from banks to fund its expansion plans to generate 128,000MW by 2032. (BS)

L&T bags orders worth Rs17.5bn from state-run firms. (ET)

Maruti to increase sales outlets to 1,500 in 5 years from 828 currently (ET)

M&M to set up Rs 1,800-cr plant near Chennai. (BS)

Competition Commission of India (CCI) has initiated proceedings on a complaint against DLF. (BS)
Power Ministry has opposed to NTPC selling power at market price. (ET)