± RIL is negotiating with American Express to form a JV that could offer services as payment gateways. (ET)
± BHEL successfully tested country’s first new series Turbo Generator of 600MW. (ET)
± ICICI Bank to raise US$1bn via MTNs. (BS)
± L&T to sell a minority stake in its electrical arm. (BS)
± PNGRB rejects Adani Group application to set-up city gas distribution in Jaipur and Udaipur. (BS)
± Idea Cellular faced the ire of the Delhi high court for suppressing certain documents while getting its approval for merger with Spice Communications. (BS)
± Crompton Greaves has acquired Sweden-based Emotron Group for Euro57.8mn. (ET)
± Godrej has entered the gaming TV market with a single product under the EON brand. (BS)
