MUMBAI: Indian carrier Jet Airways said on Sunday it plans to raise capital through the sale of shares to institutions within the next 2-3 months. The company’s shares which were recently hit on account of the pilot strike will see some action on the news. The stock ended 1.64 per cent higher at Rs 257.40 on the BSE on Friday.

Reliance Industries may change its exploration strategy, turning its focus to its foreign assets and reduce risk in India by spreading drilling work over a number of blocks. Shares of the company ended 0.38 per cent lower at Rs 2140.95.

Mindtree will enter Chinese markets after it bagged an outsourcing contract from Huawei, China’s telecommunications giant. Financial details of the deal were not available. Shares of the company will see an upside which ended 2.28 per cent lower at Rs 568.95.

Patni Computer Systems could see some action, with the promoters and private equity firm General Atlantic reviving talks with potential buyers to sell a part of their stake in the IT company. Brothers Narendra, Gajendra and Ashok Patni together hold 48.2% in the company. General Atlantic holds about 18%. An earlier such attempt had failed two years ago as executive chairman Narendra Patni was not ready to give up operational control.

Bharat Petroleum Corporation Ltd is said to be in talks with private equity investors for a stake sale in Bharat Oman Refinery, the 6-million-tonne per annum refinery at Bina in Madhya Pradesh. BPCL is also in talks with the joint venture partner Oman Oil Company, which has expressed interest in picking up 26% stake for around $250 million but so far has not raised its investment in the company. The Oman government owned company holds 2% in Bharat Oman Refinery.