The Royal Bank of Scotland (RBS): News headlines 15 December 2010

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��


Oil & Gas
Petrol prices raised by Rs 3/litre, diesel unchanged (Economic Times)
Decision on TAPI gas price in February (Economic Times)
BPCL hikes petrol prices by Rs2.96/L; IOC, HPCL to follow suit (Economic Times)

Banks
Banks must reverse faulty ATM debits (Economic Times)
Bankers’ committee proposes new lending norms for diamond industry (Economic Times)

Commodity
Rio Tinto revisits India mining plan (Economic Times)
Vedanta to use Konkola IPO proceeds to pay debt for Cairn deal (Economic Times)
India coal consortium may bid for Riversdale - report (Economic Times)
Vedanta Shareholders approve deal with Cairn (Economic Times)
JSW Infra to sell 10% equity stake to Eton Park for $125mn (Economic Times)

Consumer
Buyout by Emami just speculation: Amrutanjan (Economic Times)

IT & Telecom
SC wants 1% for handling Vodafone’s Rs25bn (Economic Times)
India seeks communication, telecom security pact with US (Economic Times)
BSNL's Rs3.55bn demand for alternate network rejected (Economic Times)
Huawei to invest $2bn in India over 5 years (Economic Times)
RCom to raise $1.9bn from China bank (Economic Times)
Notices to RCom, Tata Tele on 3G services (Economic Times)
TCS has major expansion plans in Kerala (Economic Times)
Imagination Tech buys 3D graphics firm for $27mn (Economic Times)

Power, Engineering & Infrastructure
RPower eyes Rs50bn loans (Economic Times)
Power sector may see $1bn PE inflows in six months (Economic Times)
Bajaj Hindustan to set up power projects in next 4-5 yrs (Economic Times)
Power Grid to invest Rs55.4bn in projects (Economic Times)
NTPC aims to add 5,500 MW capacity in FY12 (Economic Times)
NCC Infra mulls global tie-ups (Economic Times)
Govt clears proposal to induct foreign equity in Tata Advanced Systems (Economic Times)

Automobiles
Toyota to commence production of Etios in 3rd week of December (Economic Times)
Bajaj Auto to raise motorcycle prices, cites higher costs (Economic Times)
TVS to ramp up Hosur plant production for 'Wego' (Economic Times)