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  • NMDC (Sources)
  • Steel Ministry proposes KIOCL, NMDC merger
  • NMDC aims to export iron ore pellets from KIOCL after proposed merger
  • PERSISTENT SYSTEMS
  • Acquires SOHO for $5.94 Mn SOHO
  • SOHO is a provider of IT services to BFSI clients
  • BHARAT FORGE, RK FORGING (+VE)
  • North American Class 8 net orders in December totaled 31,900 units while up 23% YoY (-7% MoM)
  • Power Grid:
  • Bags 2 projects to establish InterState Transmission System under Build, Own Operate and Transfer (BOOT) basis. LoI received from State of Gujarat and State of Karnataka.
  • India Plans About $3 Billion Aid, Tariff Cuts for Electronics-Proposed incentives will help smartphone makers like Apple/Final decision to be made by cabinet-Bloomberg

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