± RIL to seek help from Shell International to rectify technical glitches in its D6 block in the KG basin. (BS)
± TCS may spend as much as US$500mn on an acquisition in Germany or Japan. (ET)
± Income–Tax dept may set up special team to probe DB Realty case. (ET)
± Coal India may start exploration at Mozambique mines by June. (ET)
± Coal India may buy up to a 15% stake in US-based Peabody Energys Australian assets early next fiscal for an estimated US$100 mn. (ET)
± ONGC expects to float tenders for the Rs80bn surface facility revamp program in its three onshore assets in Gujarat within a month (BL)
± TCS has signed a five-year contract with du, an integrated telecom service provider in the UAE, to provide IT managed services. (ET)
± DLF to approach Supreme Court against a Punjab and Haryana High Court verdict ordering demolition of the SEZ in Gurgaon. (BS)
± The environment ministry has given SAIL the go-ahead to divert 595 hectare of forest land in Chiria. (BS)
± REC plans to increase its lending rates by 50 bps within two weeks. (BL)
