± Infosys is rehauling its hierarchical system and making internal process more flexible for young employees to stem attrition and attract talent. (ET)
± NTPC will not open price bids for the Rs110bn bulk equipment supply tender on Friday. (ET)
± NTPC has floated bids for 800MW bulk super-critical units for Rs190bn. (BS)
± Vedanta may terminate US$9.6bn deal if Cairn India tweaks royalty clause. (ET)
± M&M has rolled out a ‘mobile seva’ initiative to provide services for its three wheelers and other commercial vehicles in AP, Tamil Nadu, Kerala and Karnataka. (BL)
± ITC may soon hike prices of its packaged foods product by 7-8%. (BL)
± Bank of India to raise Tier-I capital through the issue of 30mn fresh equity share. (BL)
± Mahindra Satyam is wooing back select former employees. (BL)
± Wipro to set up an exclusive delivery centre in Toronto to develop software solutions and cut down Canadian companies’ energy consumption bill. (BL)
± SAIL FPO is likely to hit the market only by end-March. (BL)
