Monday, July 11, 2011

Corporate Snippets

±  Bank of Baroda plans to open 10 to 12 overseas branches in the current fiscal. (ET)
±  MTNL is about to overhaul its marketing and customer care operations in Delhi and Mumbai, following a directive from communication minister Kapil Sibal asking the management to achieve a 25% jump in revenues by March 2012. (ET)
±  Jindal Steel and Power has drawn up plans for a critical US$250-mn railway linkage to connect its US$2.1bn El Mutun mining project to the Bolivian railway network and a proposed port. (ET)
±  Core Projects and Technologies, is in talks with Supreme Industries to buy out the office property developed by the latter in the Andheri area of Mumbai for Rs.3.5bn . (BS)
±  Tata BP Solar India Ltd has installed and commissioned a megawatt scale solar power plant under the Rooftop and Other Small Solar Power Generation Plant scheme administered by IREDA under the Jawaharlal Nehru National Solar Mission (JNNSM) for the first time in the country. (BS)

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