± L&T may sell stake in its infotech subsidiary after failing to turn it into a bigger business. (ET)
± ONGC has discovered shale gas at the Barren Measure shale, at Icchapur, near Durgapur, West Bengal. (BL)
± SAIL proposed Rs80bn FPO likely to hit capital market in the current financial year. (BS)
± Reliance Power plans to expand four large coal-fired power projects by 50% to generate an additional 8,000MW of power, which may be sold at more attractive merchant rates. (ET)
± Ranbaxy Laboratories president and CFO Umesh Sethi has quit. (ET)
± PFC’s follow-on issue likely by April-May 2010. (ET)
± A joint venture firm between NTPC Ltd and Nuclear Power Corporation of India Ltd has been incorporated. (BL)
± Reliance Infra has commissioned the first line of a double-circuit, power transmission line connecting Solapur and Karad in Maharashtra under the Western Regional System Strengthening Scheme. (ET)
± M&M plans to launch a compact sport-utility vehicle on the Xylo platform in the first half of this year. (BL)
± M&M has launched in the Kerala market the Xylo D2 mDI CRDe variant in Diamond White colour. (BL)
