17 January 2011

News and events Overview: Angel Broking, 17 Jan 2011

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Economic and Political News
􀂄 December WPI inflation at 8.43% yoy
􀂄 FM, states meet on January 19 to discuss inflation
􀂄 Excise duty alignment with GST likely to impact SMEs
􀂄 Government to announce multi-brand retail policy soon


Corporate News
􀂄 RIL, Essar stall retail plans on rising fuel losses
􀂄 Infosys to buy small US company to tap US $70bn government outsourcing market
􀂄 HUL to raise prices of popular soap and skincare brands
􀂄 GAIL signs contract to import LNG from Qatar
􀂄 ADAG-Sebi settlement charge at record `50cr
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

Events for the day
Axis Bank Results
Essar Oil Results
Indusind Bank Results
L&T Results
Power Finance Results
Rallis India Results
TCS Results

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