Corporate Snippets

Mahindra Satyam has won its tax dispute with Upaid after the Supreme Court of the State of New York gave a favorable decision. (BS)

ADAG is close to acquiring a 26% stake from Indiabulls Financial Services in Indian Commodity Exchange. (BS)

TCS said it may double its workforce in China over the next year. (ET)

HPCL is looking at buying fuel retail assets of Royal Dutch Shell in Africa. (ET)

Suzlon may set up plant to produce rotor blades in Brazil. (ET)

Cox & Kings Ltd issued Global Depository Receipts (GDR) at Rs569.20 per share yesterday, amounting to US$65mn. (BS)