± RIL and BP will shortly float a joint venture company over next months, which will look at the trading and marketing of natural gas in India. (BS)
± Bajaj Auto on Thursday launched its 2011 edition of Discover 100. (ET)
± RPower joins US$3.5bn race to buy out Australian coal mining company Whitehaven Coal. (BS)
± RPower appears to be in the lead for the 3,000-MW long-term power purchase agreement called for by the Uttar Pradesh Power Corporation. (BL)
± Tata Steel UK signed a definitive sale agreement to sell certain assets of TCP to Sahaviriya Steel Industries UK, a subsidiary of Thailand’s largest steel producer, for US$469mn. (BS)
± NMDC is setting up a 300,000-tonne plant in Karnataka for making iron ore concentrate from iron ore waste with an investment of Rs1.5bn. (FE)
± TCS has been appointed as the official technology partner to the pro-cycling team – Team Garmin-Cervélo — for the racing season 2011. (BL)
± SBI has decided to withdraw from the certificate of deposit (CD) market. (BS)
± SBI has mopped up Rs39bn on the retail side through its latest bond issue. (BS)
± Shipping Corporation of India is planning to invest US$1bn every year to acquire new ships. (BS)
