{LONGTERMINVESTORS} Corporate Snippets ² GAIL has extended last date of bidding for its $7bn tender for hiring nine newly built ships for ferrying LNG from the US by over two months to allow Indian shipyards to tie up technology for building the specialized vessels. Bids for charter hiring of nine ships quoted in three lots of three ships each were due last week but have now been extended till February 29, 2016. (BS) ² Tata Steel is in talks to sell its struggling British-based unit to investment firm Greybull Capital, the two firms said in a statement. (ET) ² Australia approved a controversial coal port expansion plan to support projects, like Adani's $6.5bn Carmichael mine, despite warnings from environmentalists that it will damage the fragile Great Barrier Reef, the world's largest coral reef system. (ET) ² The limestone mine allotted to the UltraTech Cement in Chhattisgarh's Raipur district had come under the scanner as the state government announced to cancel the No-Objection-Certificate granted t

Corporate Snippets

 

²  GAIL has extended last date of bidding for its $7bn tender for hiring nine newly built ships for ferrying LNG from the US by over two months to allow Indian shipyards to tie up technology for building the specialized vessels. Bids for charter hiring of nine ships quoted in three lots of three ships each were due last week but have now been extended till February 29, 2016. (BS)

 

²  Tata Steel is in talks to sell its struggling British-based unit to investment firm Greybull Capital, the two firms said in a statement. (ET)

 

²  Australia approved a controversial coal port expansion plan to support projects, like Adani's $6.5bn Carmichael mine, despite warnings from environmentalists that it will damage the fragile Great Barrier Reef, the world's largest coral reef system. (ET)

 

²  The limestone mine allotted to the UltraTech Cement in Chhattisgarh's Raipur district had come under the scanner as the state government announced to cancel the No-Objection-Certificate granted to the company required to commission the mining operation, due to environmental issues. (BS)

 

²  Somany Ceramics has raised Rs1.2bn (at an issue price of Rs339.5 per share) through the QIP route. (BL)

 

²  Aurobindo Pharma has received approval from the US health regulator for generic Olopatadine Hydrochloride ophthalmic solution used for treatment of seasonal allergic conjunctivitis and is ready to launch the product in the American market. (ET)

 

²  Glenmark Pharmaceuticals has received the final nod from the US health regulator for a generic version of anti-bacterial drug Zyvox. (BS)

 

²  Canara Bank plans to raise Rs24bn from Tier II bonds by way of private placement. (BL)

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