± L&T-Alstom JV wins Chennai Metro track work project. (BS)
± NMDC, Tatas in talks to set up steel plant. (BS)
± Natco Pharma plans to seek compulsory licence from the government to make and sell a low-cost version of Bayer’s patented liver and kidney cancer drug Nexavar in India. (ET)
± ONGC to repair in 4-5 days a pipeline that caused an oil spill some 80-km off the Mumbai coast. (ET)
± Thermax bags the contract for setting up the country’s first geothermal power plant in Maharashtra. (ET)
± Aditya Birla Group offers US$700mn to buy the carbon black business of German company Evonik Industries and US$800mn for US firm Columbian Chemicals. (ET)
± Jupiter Biosciences is in advanced discussions to buy privately-held Swiss pharma company SynphaBase for about US$10mn. (ET)
± Nalco plans to foray into making titanium and its allied products and has formed a joint venture with Indian Rare Earths. (ET)
± Tata Group is planning to set up three more units as a part of its aerospace manufacturing initiative in Hyderabad with an investment of Rs10bn. (BS)
± Karur Vysya Bank has got Foreign Investment Promotion Board approval to issue shares, worth Rs1.1bn to foreign investors. (BS)
