± Adani Power plans US$500mn FCCB by mid-Feb and may use part of the proceeds to fund coal mine buy. (ET)
± Rishad Premji, Wipro’s new strategy chief, has been given additional responsibility of leading the company’s M&A pursuits as India’s thirdbiggest software exporter seeks to widen its gap with aggressive rivals by identifying the next big bets. (ET)
± Adani Enterprises to build rail, port project in Indonesia. (BL)
± JB Chemical promoters partner for Rs11.60bn pharma SEZ. (BL)
± SAIL to explore mineral deposits in Indonesia. (BL)
± iGate gets IT notice to pay tax on pure onsite software development and work that involves deputation of technical manpower, also referred to as ‘body-shopping’. (ET)
± Coal India plans to increase spending by 17% to Rs42.20bn in the year starting April 1 as the company seeks to expand production. (ET)
± Coal India’s ERP project valued at Rs7bn gets only 2 bids. (ET)
± RIL has roped in IL&FS as a strategic partner, holding 45%, to develop a model economic township and other infrastructure facilities at Jhajjar in Haryana. (ET)
