±
SpiceJet plans to set up five more
regional hubs in an effort to connect all major towns through its 70-seater
Bombardier aircraft. (BS)
±
Bajaj Auto reported an 18% jump in
sales in September to 4,17,686 units. (ET)
±
Reliance Power would
earn Rs20bn by trading carbon credits from its Tilaiya ultra mega power project
during the first 10 years of its operations. (BS)
±
Hero MotoCorp reported sales of
5,49,625 units in September, registering a growth of 26.75%. (FE)
±
Diageo is looking to acquire half the stake of
its Indian partner Radico Khaitan in
its joint venture Diageo Radico Distilleries.(BS)
±
The Asian Development
Bank plans to sell its 5.2% stake in Petronet LNG Ltd, which GAIL
India Ltd is keen to acquire and may have to pay over Rs6bn for it. (FE)
±
The government appointed Sudhir
Vasudeva as the chairman and managing director of Oil and Natural Gas
Corporation. (FE)
±
Pantaloon Retail India plans
to raise up to Rs15bn by issuing equity-linked securities amounting to stake
dilution of not more than 15%. (ET)
±
Axis Bank plans to raise
short-term funds worth US$200mn by issuing commercial paper. (BS)
±
GVK PIL will now expand its coal-fired
power generation capacity to over 7,500 MW over the next five years to take
advantage of the fuel supply arrangements it has secured through Australian
coal mines. (ET)
