RCom bags Rs100bn Etisalat deal to provide tower and transmission infrastructure in 15 circles. (ET)
Reliance Industries may get notice for production sharing contract violation. (ET)
Government may let SBI stake to fall to 55%. (BS)
Sesa Goa raises Rs5bn by allotting shares to promoters. (ET)
Crisil downgrades IDFC long term debt. (ET)
Tata Power raises US$335mn through GDRs. (ET)
Ranbaxy has received a final approval in Canada to manufacture and market Ran-amlodipine tablets. (BL)
Tata Communication may need to explore new financing opportunity to fund its US$2bn capex plan. (ET)
Sun Pharma arm faces class action suit in US. (ET)
Apollo Tyres is planning to invest Rs10bn in setting up an IT park and a hotel complex in Kerela. (FE)
Dr Reddy’s eyes Rs152bn revenues by FY13. (FE)
Yes Bank is looking to close four mandates in its US$100mn niche social investment bank initiatives in the next three to five weeks. (FE)
MTN team likely to meet SEBI officials. (ET)
Srei Equipment Finance Pvt Ltd, a JV between Srei Infrastructure and B&P Paribas has identified medical equipments and IT sector as new verticals for financing. (BL)
BSNL’s mega GSM contract of 93mn connections is stuck on pricing issues. (BL)
NHPC IPO may raise Rs18bn. (BS)
Moser Baer has settled its patent and license dispute with Philips. (BS)
Promoters of Kalindee Rail Nirman are planning to increase their stake in the company owing to a possible hostile takeover. (ET)
Government to take call on stimulus measures after G-20 meet. (ET)
Q1 FY10 direct tax kitty grows 3.65% to Rs594bn. (ET)
PSU sell-off likely to begin in August. (BS)
DoT may cancel rural license fee waiver. (BS)
Planning commission has worked out broad guidelines for infra JVs. (BS)
Commerce Minister has asked Finance Minister to take up the issue of refunding local levies like octroi and mandi tax to exporters. (BS)
Government to re-launch NELP-VIII on August 8. (FE)
Public sector oil firms will lose Rs28.8bn in revenues during July . (FE)