Corporate Announcements:

Infosys reported Q3’09 results, total revenue rose 35.5% yoyto Rs. 57.86 bn, and net profit increased 33.3% yoy toRs. 16.41 bn. (BS)· SBI entered into an agreement with the Gujarat governmentto create a Rs. 50 bn fund for investing in equity ofinfrastructure projects. (ET)· BPCL was negotiating with Reliance Industries for allocationof gas from the Krishna-Godavari basin, off the AndhraPradesh coast. (ET)· Gujarat NRE Coke is planning to invest about Rs. 30 bn overthe next 4-5 years in expansion projects across Gujarat. (ET)· GAIL India is planning to invest Rs. 50 bn over the next 3-4years to set up a CNG corridor across the country. (BS)·

IDFC signed two MoUs with Gujarat State Energy Companyand BHEL to establish a 1600 MW thermal power plant atSarkhadi based on supercritical technology. (BS)· ONGC is planning to invest USD 5.3 bn in developing gasfinds in two of its eastern offshore Krishna Godavari basinblocks by 2013. (BS)· Hindustan Construction signed two agreements with theGujarat government with total investment of Rs. 415 bn. (BS)· NTPC is planning to invest Rs. 60 bn in super thermal powerprojects in MP, UP, and Chattisgarh. (BS)

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