Friday, August 20, 2010

Corporate Snippets

RCom ropes in four executives for wireless management board. (BL)
Fiat JV revival becomes a priority for Tata Motors. (BS)

Dr Reddy's in talks with Japanese pharma cos for tie-ups. (BL)

Lanco Infratech has partnered with Indonesian coal mining company Bukit Asam to bid for a 600 megawatt power project. (BS)

ONGC may have to pay US$13bn if it were to exercise its pre-emption or right of first refusal to buy Cairn India in the giant Rajasthan block (ET)

Huaneng Group may pay GMR Infrastructure US$1.4bn to buy 50% of InterGen (ET)

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