The country's largest lead acid battery manufacturer, Exide Industries Ltd plans to invest Rs 180 crore in the current fiscal to raise capacity by 20 per cent.

Under the proposed plan, the company will invest Rs 180 crore, out of which Rs 90 crore will be invested in automotive segment and Rs 60 crore to raise capacity by 20 per cent.

The company also expects to double its supplies to the original equipment manufacturers (OEMs) are likely to reach 5 million units a year, from the present level of 2.5 million units, in 2009-10.

Gitanjali Gems has acquired B Vijay Retail Ventures` (BVRVPL) through its subsidiary Gitanjali Lifestyle.

Wipro Infotech has managed to get a ten year project worth Rs. 1.3 billion from Lodha Group. Wipro will provide IT and business transformation services to Lodha group in India and Middle East. Wipro InfoTech is a leading IT company in India. Lodha group has started a new path to get a premier position in the dynamic real estate market.

Lodha Group is a leading real estate project in Mumbai. It has a land bank of 6000 acres. The group is developing multiple projects in and around Mumbai. It is focusing on the development projects of offices, campuses, SEZ's and townships and keen to enter in southern and western markets  

Gas Authority of India limited (GAIL) and Bharat Petroleum Corp Ltd (BPCL) will jointly work in the field of transmission and distribution of natural gas, LPG pipelines, city gas, exploration and production. The memorandum of understanding was signed by GAIL Director (Business and Development) A K Purwaha and BPCL Director (Marketing) S Radhakrishnan on Thursday.