± Reliance Power will finalise loans of Rs50bn with Chinese banks for its 4,000 mw Sasan power project during the visit of the country’s Premier Wen Jiabao on Wednesday. (ET)
± The board of Power Grid Corporation has approved investing Rs55.4bn on five projects across the country. (BL)
± NCC Infra, a wholly-owned subsidiary of Nagarjuna Construction, is planning to rope in foreign partners to carry out large road projects worth over Rs100bn this financial year. (ET)
± Consolidated Construction Consortium has emerged the lowest bidder for constructing the St Thomas Mount Station for the Chennai Metro Rail project. (BL)
± Punjab National Bank has announced the completion of acquisition of 63.64% stake in JSC Dana Bank of Kazakhstan. (BL)
± British Telecom on Tuesday completed the sale of 5.5% stake in Tech Mahindra for Rs4.5bn. (ET)
± The environment ministry refused to lift its “stop-work” order on Lavasa Hill City project. (FE)
± Eveready Industries has increased the prices of some of its products by up to 9% due to high input cost. (ET)
± Bajaj Hindusthan signed a MoU with the state government for setting up a 1,980-Mw thermal power plant at Bargarh in Chitrakoot district. (BS)
