TCS, Infosys and Wipro have been shortlisted by insurance regulator IRDA for financial bidding to implement its enterprise resource planning (ERP) system. (ET)
Tata Motors has acquired 80% stake in Trilix Srl, an Italian design and engineering firm for Rs113mn. (ET)
Tata Motors has decided to increase the size of its institutional share sale by 43% to US$750mn, following an encouraging response from investors. (BS)
Reliance Industries Ltd's legal battle over the Uttar Pradesh government's decision to impose 21% value-added tax on gas is holding up supply to NTPC's two power plants and Indian Oil Corporation's Mathura refinery, despite a group of ministers making allocation to them. (BS)
NTPC to increase staff spend 16% to Rs28bn. (BS)
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