20 December 2010

RBS: News headlines : 20 December 2010

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News headlines 
Oil & Gas
LPG cylinder may get costlier by up to Rs100 (Economic Times)
Cairn-Vedanta deal heads towards court (Economic Times)
OVL hopes to ink pact for Russian oil fields during Medvedev's visit (Economic Times)
NTPC willing to buy gas at govt-approved price, for now (Economic Times)

Banks
Allahabad Bank plans to open offices in Singapore, Bangladesh (Economic Times)
Union Bank raises BPLR by 0.50% to 13.25% (Economic Times)

Pharma
Gujarat eyes US$1bn investment for pharma industry (Economic Times)
Ranbaxy to recall 3 batches of Pravastatin from UK market (Economic Times)

Commodity
Hindustan Tin Works eyeing Rs3.15bn turnover in FY'11 (Economic Times)
Tata Steel mulls bid for Ispat Industries (Economic Times)
JSW, Jindal Power join race for Ispat Ind stake (Economic Times)

Consumer
Emami still on the hunt for takeovers after failed Paras bid (Economic Times)
Milk gets dearer by Re1/litre in Delhi-NCR (Economic Times)

IT & Telecom
Russia to invest US$670m in Sistema Shyam this week (Economic Times)
National database of IMEI number on cards (Economic Times)
DoT may seek law ministry's opinion on charging fee for excess spectrum (Economic Times)
Wynn Telecom to export mobile handsets to 36 countries (Economic Times)
Tribunal rejects Tata plea for taking back excess airwaves from GSM cos (Economic Times)
Patni Computer bid in last stage, new owner likely this week (Economic Times)

Power, engineering & infrastructure
Tata Power to add 1,900 MW in 2011 from multiple sources (Economic Times)
Moser Baer Solar plans up to US$600m capex over 3-4 years (Economic Times)
Dongfang bags Rmb20.4bn Indian, Chinese orders (Economic Times)
Sterlite Industries accused of unlawful deforestation in Chhattisgarh (Economic Times)

Automobiles
Tatas drive Nano on TV to spur sales (Economic Times)
Tata Motors developing double-trailer truck for global market (Economic Times)
Volvo Auto launches SUV (Economic Times)
Post-Hero Honda split, Bajaj sees a hyper-competitive market (Economic Times)

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