± Bharti Airtel and Aircel Cellular are interested in buying in yet to be launched broadand business of Qualcomm. (ET)
± BSNL plans US$3.5bn tender for 40mn GSM lines. (ET)
± M&M to launch Reva Motors, in Chinese markets. (ET)
± S&P upgrades Tata Motors Corporate ratings to BB-. (ET)
± Germany-based GEA process has acquired ACC’s emission control engineering unit for an undisclosed amount. (ET)
± BRFL to buy 71% stake in Indore-based textile company, STI India for Rs700mn. (ET)
± Adani Enterprise bags mining rights in Orissa. (ET)
± ONGC to be ready for stake sale by March 2011. (ET)
± Indian Hotels to raise Rs8.5bn from Tata Sons by issuing shares and warrants. (BS)
± JSW Steel seeks 1,100 acres land more in Bellary for its expansion plans. (BS)
± Siemens India plans to earn over Rs61bnby selling localised base level products in next 10 years. (BS)
± Biocon to set up Rs7.15bn biosimilar facility in Malaysia. (BL)
± BPCL to take over 45 outlets of Numaligarh Refinery. (BL)
± Philips Carbon Black to invest Rs12.5bn in India and Vietnam. (BL)
± ONGC appointed two international auditors to certify its hydro-carbon reserves. (BL)
± Moser Baer unit begs pilot organic LED project in US. (BL)
