13 December 2010

Corpoarte, Economic and Political News: Angel Broking: Dec 13, 2010

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Economic and Political News
􀂄 FM cautions on European crisis, contagion may hit exports
􀂄 IIP surges to 10.76% for October 2010
􀂄 India’s forex reserves rose to US $2.4bn during the week ended December 3

Corporate News

􀂄 Kalptaru Power Transmission Ltd. bags three orders worth `600cr in India and Congo
􀂄 NMDC–Severstal to set up `9,000cr steel plant in Karnataka
􀂄 Jindal Poly plans `1,600cr expansion at its Nasik facility in Maharashtra
􀂄 BHEL, Toshiba to power up gear venture by March

Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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