Friday, January 7, 2011

Corporate Snippets

±  SBI to set-up 600 financial inclusion centres. (BL)
±  JSW Steel to step-up coking coal imports by 40% next fiscal. (ET)
±  JSW Steel has acquired Bellary Steel and Alloys for Rs2.1bn. (ET)
±  ONGC Q3 FY11 profit may be hit by a higher subsidy pay-out, as per Chairman RS Sharma. (ET)
±  PFC’s Rs70bn FPO likely in May. (ET)
±  NTPC is eyeing Maldives to set-up solar power projects. (BS)
±  SAIL in talks with Japanese companies for technology to set-up a cold rolled grain oriented steel manufacturing facility. (BS)
     ±  L&T bags orders worth Rs11.8bn. (ET

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