This time, Sehgal's multinational auto components company Motherson Sumi is evaluating another potential $600-million bid for Robert Bosch LLC's (Bosch) global starter motors and generators division, said people directly aware of the matter. Motherson Sumi is in preliminary discussions with banks to explore financing options for a bid, which if materialises, could pave the way for a second major acquisition in a short time. Its Rs 4,000-crore acquisition of PKC Group Oyj was sealed on January 21, which gave it a larger footprint in the US, something it had earmarked as a priority market.The state-owned Coal India announced another interim dividend of Rs 1.15 per share of face value Rs 10 on Sunday.The company on Sunday said its 15 MW solar projects in Rajasthan will get commissioned this month, and it is also planning to invest Rs 425 crore for 85 MW power plants by next year.The CBI on Friday filed a supplementary charge sheet naming five more persons as accused in a coal scam case against Congress leader and industrialist Naveen Jindal and others. The announcement was made after market hours on Friday.Music Broadcast (MBL), subsidiary of Jagran Prakashan has commenced broadcast from its radio station at Patna (which was acquired under Phase III auctions held last financial year). The frequency for Patna location is 91.1 F.M.

Source: Economic Times March 27, 2017 02:33 UTC