Thursday, December 30, 2010

Corporate Snippets

  SAIL agrees to shell out 8% more for imported coal. (ET)
±  SBI to reduce interest rates to 10-10.5% for setting up high value dairy, poultry, horticulture projects and construction of warehouses, rural godowns and cold storages. (ET)
±  SBI will extend its teaser home loan scheme beyond December 31. (BS)
±  NTPC is likely to get a Cabinet nod to invite tenders for a mega Rs180bn procurement of nine supercritical units. (BS)
±  Mahindra & Mahindra to launch a new premium-end pick-up truck in the first half of next year. (BL)
±  IOC has decided to go ahead with its massive Rs 550bn refining capacity expansion programme irrespective of the current adverse business conditions. (FE)
±  Gayatri Projects has stated that its JV with Maytas Infra received an order worth Rs11.31bn. (BL)
±  STC India makes Rs5.5bn claim on JSW Steel after purchase of Ispat Inds. (ET)

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