± Bhushan Steel will purchase coal from Boikarabelo mine of Australia based coal supplier Resource Generation for 20 years. (BL)
± Sterlite Industries & Hindalco are seeking a 76% increase in treatment and refining fees of copper.(FE)
± Tata Motors has announced a special finance scheme for its small car, Nano.(BS)
± Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines in the island-nation.(BL)
± Vedanta Resources Plc plans to use proceeds from the IPO of its Zambian copper business to part fund its US$9.6bn acquisition of Cairn India.(BS)
± Lanco Infra to buy Australia based Griffin Coal mining company & Carpenter Mine Management for US$750mn.(ET)
± SAIL follow on public offer is likely to hit market in mid-january 2011.(ET)
± The environment ministry has given Jindal Steel 15 more days to file a reply to its show-cause notice.(ET)
± Ashok Leyland to start a vehicle assembly plant in UAE. (BL)
