13 December 2010

News headlines :: RBS: 13 December 2010

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News headlines 
Oil & Gas
Turkmenistan gas to cost $10/mmBtu (Economic Times)
Bathinda oil refinery to attract Rs13bn in Punjab (Economic Times)
GAIL proposes to set up 5500km gas connectivity over 2-3 yrs (Economic Times)

Banks
Canara Bank hikes deposit rates (Economic Times)
BOB, Andhra Bank to raise base rate by 50 bps (Economic Times)
HDFC Bank hikes deposit, lending rates up to 75 bps (Economic Times)

Pharma
Sun Pharma eyes $300m acquisition in US (Economic Times)
Reckitt Benckiser may snap up Paras Pharma (Economic Times)

Commodity
Ban halts development at Lanjigarh (Economic Times)
Novelis raises $4bn to part re-finance debt (Economic Times)
Steel price surge will continue on high input costs (Economic Times)
Rising input costs likely to push up steel prices in New Year (Economic Times)

Consumer
Emami Paper earmarks over Rs20bn for expansion (Economic Times)
Supreme Court sets aside penalty slapped on Pepsi Foods (Economic Times)
IRCTC to set up 'food factory' (Business Standard)

Retail/ Real Estate
Nitesh Estates launches Rs3bn villa project in Goa (Economic Times)

IT & Telecom
PCOs to get a new lease of life with 3G: Ericsson (Economic Times)
I-T dept expects to collect Rs25bn in Vodafone case (Economic Times)
DoT to issue notice to errant tele firms from tomorrow (Economic Times)
India's security concerns misplaced; Nokia can't address it, says Finland (Economic Times)
Wipro bags 5-year IT outsourcing contract from Vasan Eye Care (Economic Times)

Power, Engineering & Infrastructure
Power generation in JK hydel projects fallen by over 50% (Economic Times)
NTPC signs power purchase agreement for Gidderbaha plant (Economic Times)
KPTL bags three orders worth Rs6bn in India, Congo (Economic Times)
Use efficient tech in projects: CAG to NTPC (Economic Times)
Punj Lloyd bags domestic, overseas contracts worth Rs14.61bn (Economic Times)

Automobiles
Tata Motors plans Nano upgradation (Economic Times)
Infra worries weigh down domestic electric car market (Economic Times)
BMW regains top slot in luxury car segment; overtakes Mercedes (Economic Times)
Nissan may build Teana on SKD basis to cut prices (Economic Times)

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