01 December 2010

Corporate, Economic and Political NewsAngel Broking, India Research December 1, 2010

Bookmark and Share
Visit http://indiaer.blogspot.com/ for complete details �� ��


Economic and Political News
􀂄 Indian economy grows 8.9% yoy in September quarter
􀂄 FY2011 GDP growth seen between 8.5–8.75%: Finance Minister
􀂄 Tax collection up 26.4% to `3.8lakh cr during April-October 2010
􀂄 `15,000cr road projects will roll out by 2011: Kamal Nath
􀂄 Core infrastructure output up 7% yoy in October 2010
􀂄 Government to set up `2,000cr venture capital fund to support drug discovery

Corporate News
􀂄 Maruti is working on developing a diesel engine for mid-size sedans
􀂄 Suzlon arm REpower Systems bags 43.05MW order from a U.K. firm
􀂄 Redington India completes acquisition of 49.4% stake in Arena
􀂄 Spanco bags `160cr order from Bihar State Electricity Board
􀂄 Artson Engineering wins an order worth ~`106cr from Petrofac International, UAE

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

No comments:

Post a Comment