Thursday, November 11, 2010

Corporate Snippets

±  Essar Oil lines up Rs17bn for Vadinar Refinery expansion. (ET)
±  Suzlon Energy was forced to pull out from the Attappadi tribal area of Kerala after the government asked it to vacate the land.  (BS)
±  Parsvnath Developers is likely to raise about Rs1bn by selling stake in a housing project to PE firms. (BL)
±  Jindal Saw has bagged orders worth over Rs6bn from domestic and overseas markets for supply of pipes (BL)
±  Tera Software has received a contract worth Rs450mn under the UID project Aadhaar. (BL)
±  Kotak Mahindra Bank today hiked its deposit rates on several maturities by up to 0.25 per cent. (BL)
±  Empee Sugars & Chemicals plans to issue GDRs of up to ~Rs3.5bn. (BS)

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