± Reliance Industries plans to shut its fluid catalytic cracker (FCC) of about 200,000 barrels per day (bpd) at its older refinery at Jamnagar at the end of January. (ET)
± Reliance Industries' prolific D-1 and D-3 gas fields off the East Coast, which have seen a 15% drop in production in recent times, are likely to touch a peak output of 80mn standard cubic metres per day in 2012-13. (ET)
± Tata Chemicals is set to acquire British Salt, a soda ash raw material maker in the UK, for £93mn (Rs6.6bn). (BS)
± Coal India (CIL) has signed a MoU with the Shipping Corporation of India (SCI) to create a JV to provide end-to-end logistics solutions for bringing internationally-produced coal into the country. (BS)
± The Munjal family, promoters of the Hero Group, is likely to have over 50% stake in a special purpose vehicle to hold Honda's 26% share in Hero Honda, following termination of the joint venture. (BS)
± Glenmark has received approval from US health regulator for its generic Felodipine tablets, an anti-hypertensive drug, in the American market. (ET)
± Union Bank of India has raised its benchmark prime lending rate by 50bps to 13.25%. It has also raised retail term deposit rates across various maturities by 75-100bps and interest rate on one-year deposits to 8%. (ET)
± Reliance Infrastructure has enhanced the capacity of its existing network by adding about 300 sub-stations and 450 kilometres of cable network to its Mumbai distribution. (ET)
