Friday, December 24, 2010

Corporate Snippets

±  Coal India to miss production target by 16mn tons this fiscal. (BS)
±  Bharti Airtel has announced launch of a direct underground terrestrial link between India and China. (BL)
±  Tata Motor’s Nano has received the good design award for 2010 from Chicago Anthenaeum. (ET)
±  SCI has invited bids for commencing a ferry service between India and Sri Lanka from January. (BS)
±  Adani Power has synchronized the countries first supercritical unit of 600MW plant at Mundra. (ET)
±  The Board of Indian Hotels has cleared a proposal to issue shares and warrants amounting to Rs8.7bn to Tata Sons on preferential shares. (ET)
±  Reliance MediaWorks has inked a MoU with Russian World Studios. (ET)
±  Temasek picks over 3% stake in Max India. (ET)

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