Wipro and Leica Geosystems bags Rs1.2bn project that involves setting up operator-independent truck dispatch systems at Coal India’s 11 large mines. (ET)
SBI is considering the merger of all five of its remaining associate banks with itself, having amalgamated with two of them in the last two years. (BS)
Indian promoters of Hero Honda are reportedly in talks with PE players to raise the funds to buy 26% stake held by Honda Motors. (BS)
Cipla could take a decision on buying up to 25% stake in a unit of South Africa-based Cipla Medpro at the next board meeting in October. (ET)
Reliance Capital AMC has bought two series of convertible preference shares in Trent, the retail arm of the Tata group, for Rs210mn. (ET)
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