± Reliance MediaWorks through Reliance Capital acquired 31.92% stake in Fame India through its open offer. (BL)
± Jindal SAW Ltd has executed a mining lease agreement for 30 years with Rajasthan for iron ore mines in the State. (BL)
± Lanco Infratech plans to borrow from Chinese banks, joining rivals in seeking cheaper funds for equipment contracts for plants. (ET)
± Suzlon Energy is in talks with Gamesa Corporacion Tecnologica of Spain for a strategic alliance. (BS)
± Natco Pharma has sought a voluntary licence from Pfizer to make and sell copies of the US company’s HIV drug in India. (ET)
± Ashok Leyland has hired top expat executives from global automobile companies. (ET)
± Lakshmi Vilas Bank eyes QIP in February-March to improve its capital adequacy ratio and raise capital to fund growth. (BS)
± BPCL has granted Kingfisher Airlines a three-month reprieve to pay jet fuel dues. (BS)
± Great Eastern Shipping expects to raise Rs1bn via issue of 12-year bonds later this week. (ET)
± Diamond Power Infrastructure has bagged orders from Power Grid Corporation of India and SMO-SPIC for supply of 400 KV D/C line conductors. (ET)
