± HDFC hikes home loan rates by 75bps. (BL)
± Siemens will invest nearly Rs4bn in the development of wind turbines in the country in the next two year. (BL)
± Honda could end up selling its 26% stake to Hero Group at a substantial discount to the market price, but this will be offset by higher royalty payment till 2014. (BL)
± ICICI Bank announced increase in both lending and deposit rates. (BL)
± Nuclear Power Corporation and Areva would sign two agreements for developing a 10,000MW nuclear power project at Jaitapur in Maharashtra. (BS)
± M&M will invest Rs2bn to set up a tractor manufacturing plant in South India, the location of which will be decided in the next three months. (BL)
± DLF has sold 150 plots, garnering more than 5bn, in a township project at Gurgaon. (BS)
± ONGC plans to spend US$1.8bn over three years to replace ageing infrastructure and maintain production at onshore oilfields in Gujarat. (ET)
± Central Bank of India plans to raise Rs25bn through rights issue in the fourth quarter of the current fiscal to augment capital adequacy. (BL)
± Sun Pharmaceutical Industries is set to delist its troubled US-based subsidiary Caraco Pharmaceutical from the US bourses. (BS)
