± SCI plans to add 62 vessels in the 11th Five Year Plan. (BS)
± SCI is likely to come out with its follow-on public offer by end-November or early-December. (BS)
± Agro Tech Foods sold its Rath vanaspati brand to edible oils maker Cargill India for an undisclosed amount. (ET)
± Sun TV Group promoter Kalanithi Maran plans to take over as chairman of SpiceJet. (ET)
± Nestle India ties up with the National Diabetes. (ET)
± Amara Raja Batteries plans to double production capacity with Rs1.05bn investment in the next two years. (ET)
± The coalition government in the UK confirmed the 10-year contract for administration of the state pension scheme which is valued at Rs40bn to TCS. (ET)
± Hindalco Industries’ subsidiary, Novelis plans to raise its production capacity by 20% in the next three years. (ET)
± Coal India is in talks to acquire mines from two US companies. (ET)
± PTC India to hold 40% stake in the asset management company for India Energy infrastructure Fund while London-based emerging markets asset manager Ashmore would hold the balance 60%. (BS)
± Sterlite Energy has sought relaxation in special economic zone rules to benefit its power plant in Orissa. (ET)