In the first tranche announced earlier in June, the government had approved capital infusion of Rs 6,211 crore in the five public sector banks.
The shares of the Agra-based company opened at Rs 120. The scrip zoomed as much as 26.15 per cent in early trade to Rs 126.15.
At the Interbank Foreign Exchange (Forex) market, the local unit opened strong at 44.25/26 per dollar from its last close of 44.51/52 per dollar.
The company currently operates ten large format retail stores mostly in Delhi, NCR and Punjab and is planning to set up 45 more by 2015.
The handset, priced at Rs 12,900, is equipped with Android operating system, a 3.2-inch multi-touch screen, five mega-pixel camera and Wi-Fi.
The award will be presented to Vikram Singh Mehta at a function in London on October 14. He has led Royal Dutch Shell in India since its return to the country in 1993.
Sources said the talks are at an initial stage and a decision would only be taken after the completion of CIL's mega IPO - starting October 18 and ending October 21.
For the April-August period of 2010-11, FDI inflows declined 35 per cent to $8.92 billion, compared to $13.8 billion in the same period last year.
During the first five-months of the financial year, the total transactions carried out via credit cards increased 18.82 per cent to Rs 29,024.75 crore.
The chip maker has posted a jump of 18 per cent in revenue to touch a record $11.1 billion for the three months period ended September 25.