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News headlines
Oil & Gas
Jet fuel prices hiked by 3.6% (Economic Times)
Rosneft, Lukoil keen to explore oil, gas in India (Economic Times)
Vedanta plans to use IPO money of KCM to part fund Cairn deal (Economic Times)
ONGC offers Nile Blend crude for export after 5-mth hiatus (Economic Times)
India fuel price rise adds to inflationary pressure (Economic Times)
Banks
Tight liquidity conditions dim rate hike chances (Economic Times)
BoB inks Spanish JV to ride credit card boom (Economic Times)
Axis Bank inks MoU with IDEA Cellular for association as a BC (Economic Times)
Pharma
From Paras to PE fund, Patel on the Moov (Economic Times)
Ranbaxy may be on the road to recovery (Business Standard)
Commodity
Coalmine deal will provide fuel security (Economic Times)
Coal India sets sights on Indonesian mines (Economic Times)
Lanco Infratech to acquire Australian coal mine; deal seen at $750 million (Economic Times)
Govt in talks to buy S African mines for MOIL (Economic Times)
Jindal Steel and Power gets two weeks to reply to MoEF notice (Economic Times)
Essar Steel in pact with Kobe Steel (Economic Times)
Retail/ Real Estate
Mumbai to lead office space supply with 25% share in 2011-12 (Economic Times)
IT & Telecom
Phone tap technology widely available; both GSM & CDMA phones easy to tap (Economic
Times)
Vodafone case: Govt wants SC to waive its 1% commission (Economic Times)
Give bank guarantees, undertaking in PoI case: SC to telcos (Economic Times)
Cellphones are a great equaliser, says Ratan Tata (Economic Times)
Phaneesh Murthy vs Vivek Paul for stake in Patni Computers (Economic Times)
Nokia, IBM collaborate to deliver biz mobility solution (Economic Times)
Power, Engineering & Infrastructure
ADAG gets $3bn loan from China banks, StanChart (Economic Times)
Reliance Power ties up Chinese bank funds for Sasan project (Economic Times)
Reliance Power gets order for 100 MW solar power (Economic Times)
L&T awarded construction of Metro Rail depot works (Economic Times)
Siemens sells IT unit to Atos Origin for $1.14bn (Business Standard)
Automobiles
Now, get loan for Nano in just 48 hours (Economic Times)
Toyota says advance orders strong for new Etios (Economic Times)
Tata Motors likely to raise prices by up to 1.5% from January (Economic Times)
Volkswagen hikes price of Polo by 2.9% effective January 1 (Economic Times)
Toyota gets 12,000 pre-sale orders of Etios sedan in India (Economic Times)
Hero Honda board to talk split today; meeting to discuss first phase of transaction (Economic
Times)
Ducati to launch Diavel model in India by April 2011 (Economic Times)
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