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News headlines
Oil & Gas
ONGC bids for stake in US energy major Exxon Mobil (Economic Times)
Energy agency warns of a price bubble (Economic Times)
Banks
Corporation Bank raises BPLR by 25bp to 13% (Economic Times)
Reserve Bank of India ups deposit rates by up to 1.75% (Economic Times)
RBI draft guidelines for new bank licences in January (Economic Times)
Pharma
Strides Arcolab buys 70% in biotech start-up Inbiopro (Business Line)
Commodity
NMDC to set up Rs250bn proj in K'taka with Russia's Severstal (Economic Times)
SAIL may shortlist 4 cos for coal mine project (Business Line)
Steel companies to face margin pressure (Business Line)
Consumer
Foodgrain scam: Total size may be Rs2,000bn (Economic Times)
IT & Telecom
Sibal orders probe as Tata joins war of words (Economic Times)
SBI to renew Uninor cover despite SC rap (Economic Times)
Not beneficiary of out-of-turn spectrum allocation: TTSL (Economic Times)
2G scam: DoT to send show cause notices to erring telcos by week-end (Economic Times)
Infosys eyeing European acquisitions (Business Line)
Power, engineering & infrastructure
India needs up to US$400bn investment in power in 2012-17 (Economic Times)
Lavasa to explain before environment ministry on Friday (Economic Times)
Mahindra Systech to sell stake in Mahindra Ugine Steel (Economic Times)
HEC considering manufacturing rail coaches (Economic Times)
Fund crunch affecting urban infra projects: Govt (Economic Times)
Power capacity targets will slip further on hydro delays (Business Line)
Automobiles
Tata Motors offers 4-year warranty on Nano to push sales (Economic Times)
Trimble acquires Tata AutoComp Systems (Economic Times)
Mahindra Reva aims to sell 2500 electric cars next year (Economic Times)
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