Friday, December 10, 2010

Corporate Snippets

±  Dabur launches hair oil in Nepal. (BL)
±  Jindal Power is likely to launch a 70bn IPO by March 2011. (ET)
±  Rallis India, a subsidiary of Tata Chemicals, has acquired a majority stake in Metahelix Life Sciences Ltd. (BL)
±  Corporation Bank has increased the rate of interest on term deposits for six months to less than nine months. (BL)
±  Central Bank has upped interest rates on fixed deposits by up to 175 bps on various maturities. (BL)
±  Bata India bets on larger stores to give it a leg up. (BL)
±  NMDC, Severstal to set up steel plant in Karnataka. (BS)

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