Moser Baer Solar Plc, a subsidiary of optical storage device manufacturer Moser Baer India Ltd, said that the company’s board has sanctioned its plan to raise up to $150 million.

The Noida-based Lohia Group has announced its foray into the automobile sector. The company will invest Rs 150-crore to launch electric two- and three-wheeler vehicles.

Lifestyle denim brand Lee Cooper has announced that it would open 24 new outlets by 2008-09, from the current 31 exclusive stores.

Mukand Limited, a leading specialty steel producer plans to increase its product prices by Rs 2,000 per tonne from June, on behalf of rise in raw material prices.

Cosmo Films Ltd, has announced an investment of Rs15 crore towards procurement of 2400 mm wide metallizer for further capacity addition in its metallizing business.