± Tata Motors has bagged an order to supply around 250 ‘Tata Prima’ trucks to LINFOX Logistics.(ET)
± IOC puts Rs200bn public issue on hold due to unfavorable market condition & rising global crude prices.(ET)
± M&M to acquire 38% stake in micro irrigation company- EPC Industries Ltd through preferential issuance of equity shares for Rs0.4bn. (BS)
± PE firm, HDFC buys over 30% stake in Ratnakar bank.(ET)
± Ericsson has partnered Idea Cellular for the latter’s online applications stores.(ET)
± CESC will invest Rs30bn in its 600MW thermal power projects at Haldia in West Bengal. (BS)
± Port of Antwerp signed a MOU with Essar Shipping Ports & Logistics to enter into booming port business in India.(ET)
± LVMH, world largest conglomerate is set to acquire minority stake in Gitanjali Gems, the deal is valued at US$100 – 125 mn.(ET)
± Cochin Shipyard Ltd has signed contracts for two 120-tonne Bollard pull anchor-handling tug supply vessels with Shipping Corporation of India. (BS)
