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Corus pact
Mumbai, Jan. 21: Tata group-owned Corus has entered into a share purchase agreement to sell two of its aluminium smelters to a unit of Klesch & Company. “Corus and Klesch have signed a share purchase agreement for the acquisition of Corus aluminium smelters by Briand Investments BV, an affiliate of Klesch,” Tata Steel said in a filing to the BSE.
Bajaj launch
New Delhi, Jan. 21: Bajaj Auto has launched its XCD 135 DTS-Si bike priced at Rs 45,000. It plans to launch a sports bike, Ninja 250, along with technology partner Kawasaki in the next four to five months.
Educomp plea
New Delhi, Jan. 21: Educomp has lodged a complaint with the economic offences wing of the crime branch to investigate the “malicious” e-mails being circulated among investors on alleged fudging of accounts.
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