Reliance Industries has hiked its stake in hospitality firm EIH Ltd to 14.8%, taking the Mukesh Ambani-led firm a step closer to the threshold limit of 15% for making an open offer. (BS)
Jaguar Land Rover, a Tata Motors subsidiary, will launch a slew of entry-level cars, including a station wagon and a roadster, to boost volumes across markets. (ET)
ONGC, foreign arm ONGC Videsh is set to acquire shale gas assets in the US. (ET)
ICICI Bank seeks help from debt recovery tribunal in an attempt to recover dues from Subhiksha, which owes the bank over Rs1.5bn. (ET)
Bajaj Auto hiked his stake in the company through the open market purchase of 590,000 shares for Rs164 crore, as part of the promoters’ move to consolidate their holdings in the two- wheeler major. (BS)
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