Daily News Roundup - Oct 15 2010

Reliance Infra ties-up Rs70bn debt for Mumbai metro project (ET)

L&T Infra Finance to raise upto Rs7bn (ET)

Bharti to outsource customer support for African operations (ET)

HUL plans Bharat packs for rural markets (BL)



ONGC may partner winner to develop Russian oil field (ET)

Bharti Enterprises is in talks with Bank of India to sell it 25% stake in domestic asset management business (ET)

Raymond offers Rs3bn compensation package for employees to reach a deal with labour union on Thane realty project (ET)

GlaxoSmithKline to step-up capacity for elephantiasis drug production (ET)

Godrej Consumer Products Board approves merger of sister company, Godrej Household Products Ltd (BL)

Ceat’s Halol plant to reach full-capacity by mid-2011 (BL)

Eros signs deal with Zee for Rs5bn (ET)

The Executive Director of Andhra Cement has resigned (BL)

SJVN Ltd has signed an agreement with the Bhutan Government for the preparation of DPR for 600MW project in Himalayan kingdom (BL)

Natco Pharma to set-up a drug unit for multiple sclerosis (BL)

Zensar Technologies has opened its sixth global delivery centre in Shanghai, China (BS)

Indirect tax mop-up soars 44% in H1 FY11 (BL)

NELP IX may allow companies to bid for blocks relinquished earlier (BL)

Cement companies to hike prices, from Sunday, by Rs15-20 per 50-kg bag despite low demand (ET)

RBI stake in NABARD down to 1% (BL)

Crop loan refinancing is set to jump 54% (ET)