The Hindu Business Line : Corporate Recap

Tata Motors has formed a joint venture with Thonburi Automotive Assembly Plant, the Thailand-based assembler of automobiles, to manufacture, assemble and market pickup trucks.

HCL Technologies has bagged a $200-million (Rs 900 crore) deal from Skandia of the UK for outsourcing application optimisation.

Ashok Leyland has signed a technology-sharing agreement with Brehon Energy of Australia for the use of Hythane gas in CNG (compressed natural gas) engines.

Mahindra & Mahindra has announced its plan to acquire 90 per cent stake in Schoneweiss & Co GmbH, a Germany-based forging company.

Lanco Infratech has emerged as the lowest bidder for the 4000-MW Sasan Ultra mega power project, beating Reliance Energy, Tata Power and seven other contenders.

IVRCL Infrastructures and Projects has raised Rs 555 crore through the qualified institutional placement route, by offering 15-million new equity shares in a private placement, at Rs 370 per share.

ITC has announced its plan to expand Choupal Fresh, its fruits, vegetable retail and wholesale business, by opening 54 outlets over the next three years.

Essar Shipping has announced its plan to invest $400 million (Rs 1,800 crore) for the acquisition of a diversified fleet of rigs for both inland and offshore drilling.

Gitanjali Gems has acquired 97 per cent stake in the jewellery chain, Samuels Jewelers Inc, of the US for Rs 200 crore.

Bharat Heavy Electricals has received an order worth Rs 165 crore from Indian Oil Corporation to set up a power generation unit.

ABG Shipyard has bagged an order worth Rs 100 crore for one vessel from Vroon Offshore BV of the Netherlands.

Oberoi-L&T joint bid has been chosen to set up a five-star, 321-room hotel at the upcoming Bangalore international airport.

Four Soft has announced the acquisition of the Denmark-based Transaxiom Holding and its subsidiaries for Rs 44.73 crore.

Stone India has entered into an agreement with the Italy-based MZT Hepos AD to facilitate a technical collaboration between the two companies.