± NTPC has tied up with a Singapore-based bank for US$300mn loan for funding its projects during this fiscal. (BL)
± Coal India Ltd (CIL) may buy 10% stake in US-based Peabody asset ltd. (ET)
± HDFC bank, ICICI bank & Corporation bank withdraws teaser home loan schemes. (ET)
± Bharti Airtel & Punj Llyod have submitted bids to buy out Telecom consultant of India (TCIL) 30% stake in Bharti Hexacon. The deal is expected to be worth Rs18bn. (ET)
± IOC plans to come out with FPO by January 2011 for a price of Rs450 per share. (ET)
± SBI & Indian Bank have raised inertest rate for NRE rupee term deposit from 2.51% to 2.54%. (ET)
± The Government is likely to dilute up to 10 % of its stake in Neyveli Lignite in the next financial year. (BL)
± Central Bank of India is planning Rs25bn rights issue in the January-March quarter. (BS)
± VA Tech Wabag is looking at acquisition of around Rs10bn in China & Middle East Asia.(ET)
± Supreme Court has dismiss German firm Bayrer’s Plea to block Cipla low-cost cancer drug launch. (ET)
