± Gail India plans to raise Rs35bn from the market to fund its Rs70bn capital expenditure in the next financial year. (ET)
± Reliance Communications has raised US$255mn by way of ECB to partly refinance payment made for acquiring 3G spectrum. (BL)
± Tata Steel plans to invest around US$2bn – US$2.4bn annually from FY12 for the next three years, in capacity expansion, portfolio revision and debt restructuring. (BS)
± ONGC fuel subsidy bill will increase by nearly 21% to about Rs42bn in the third quarter this fiscal. (ET)
± The coal and power ministries are slated to meet on Wednesday to decide the fate of NTPC's proposed 1,980-MW North Karanpura thermal power project in Jharkhand. (ET)
± NCC Infrastructure Holdings moved to the Supreme Court seeking to restrain NHAI from processing Madhucon Projects' price bid in a tender related to four-laning of Ranchi-Rargaon-Jamshedpur section of NH-33 in Jharkhand. (FE)
± M&M has drawn up a comprehensive plan to expand its tractor business to cover the entire value chain in the agriculture sector. (FE)
± The environment ministry said it could consider approving HCC's Lavasa project on conditions that included a penalty payment and the setting up of a restoration fund. (BL)
