05 January 2011

Corporate , Economic and Political News: Angel Broking, 5/1/11

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Economic and Political News
􀂄 FDI in Nov dips by aroumd 7% to US $1.6bn
􀂄 Food subsidy bill may rise to `81,000cr
􀂄 GoM to meet on urea price hike today
􀂄 Crude oil near 27-month peak
Corporate News
􀂄 L&T to split up into nine independent entities
􀂄 Cairn Energy secures drilling rigs in Greenland
􀂄 GE Shipping to raise `100cr via bonds
􀂄 Pfizer takes Dr Reddy’s Labs to court over Lipitor
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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