± Tata Power plans to invest around Rs50bn in wind-energy alone. (BS)
± Alok Industries has drawn up a Rs8bn capex plan for the next two years period. (BS)
± Sun Pharma loses generic challenge in US court. (BS)
± Dr Reddy’s Labs launches Zafirlukast tablets a bioequivalent generic version of Accolate in the US market. (BS)
± Essar Shipping plans to invest around Rs55bn in capacity building in ports and shipping activity. (BS)
± S Kumars Nationwide is undertaking a re-positioning exercise for its apparel brands, including Reid & Taylor and Belmonte. (BS)
± Government plans to offload 10% of its equity holding in IOC through the FPO, and an equal stake will be diluted by the company. (BS)
± SCI plans to invest Rs60bn for acquisition of 29 ships by 2012. (DNA)
± Private equity firms Carlyle Group and Advent International may jointly mount a US$1bn bid to buyout Patni Computer. (TOI)
± Tilaknagar Industries has raised Rs1.35bn through QIP. (ET)
± Hinduja Automotive, the holding company of the Hinduja Group, is exploring opportunities in the aerospace sector. (BS)
