Corporate Snippets

BHEL has bagged a contract worth Rs25.3bn from Abhijeet Infra Ltd for setting up a 1,080MW thermal power plant in Jharkhand. (BL)

Glenmark has entered into a settlement agreement with US-based Sepracor on a patent litigation suit related to the generic versions of insomnia drug eszopiclone. (BS)

Areva T&D has bagged a contract worth Rs1.1bn from Power Grid Corporation of India Ltd to set up a 765 KV extra high voltage substation. (ET)

Bajaj gears up to launch high-end Pulsars next year. (BS)

Britannia Industries Ltd will invest around Rs800mn in expanding bakery capacity at existing facilities and setting up a new unit this fiscal. (BL)

SAIL has commissioned its Rs0.4bn unit at its Salem steel plant. (ET)