± GAIL India plans to spend US$2bn on acquisition. (ET)
± Infosys may join race for UK government outsourcing deal. (ET)
± Unity Infra to raise Rs1.5bn to reduce high cost debt. (ET)
± Essar plans to raise proposed US pallet plant capacity by 75%. (ET)
± Divi’s Labs plans to buy biotech research companies. (ET)
± ICICI Bank has lined up an exchange offer for its lower Tier-II bonds, worth US$90mn. (BS)
± Canara Bank is eyeing Rs80bn business for the financial year 2011-12. (BS)
± ONGC has launched a massive exploration drive for gas extraction in Tripura. (ET)