Friday, October 8, 2010

Corporate Snippets

BHEL gets Rs37bn order from KPCL (BS)

Jindal Steel & Power bids for majority stake in Zimbabwe steelworks (BS) 

Cairn Energy shareholders approve Vedanta deal. (ET)

Jet Airways plans to raise US$400mn through a share sale to foreign institutions may get delayed as the government deferred a decision on the proposal. (ET)

Coal India subsidiary and three firms of OP Jindal-group were served show cause notices by the government for 'inordinate delays' in developing a coal block jointly allocated to them. (ET)

ING Vysya Bank suspends 2 officials over disguised forex positions. (ET)

Cadila Healthcare on gets nod from USFDA to market high blood pressure treatment tablets, Losartan Potassium and HCTZ. (ET)

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