The Royal Bank of Scotland: India News headlines - 18 January 2011

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News headlines 
Oil & Gas
Crude costs as much as in '08, petrol 28% more (Economic Times)
Fuel prices may put brakes on car sales (Economic Times)
Essar Oil plans 35-day refinery shutdown (Economic Times)
ONGC hires six banks for $3bn issue: IFR (Economic Times)
$100 per barrel oil not a problem: Iran's oil minister (Economic Times)

Banks
For banks, 2011 will be anything but smooth (Economic Times)
ING Vysya Bank ups deposit rates by up to 1% (Economic Times)
PNB[Punjab National Bank] chief says Dana Bank expected to turnaround in a year
(Economic Times)
Pharma
ViiV Healthcare seeks partners for HIV drug in India (Economic Times)
Lincoln Pharma gets patent approval for nasal spray treatment (Economic Times)
Commodity
Oilmin sets riders for Vedanta’s Cairn India venture acquisition (Economic Times)
High input costs to put pressure on steel prices: Tata Steel (Economic Times)
JSW Steel to infuse Rs38bn in Ispat Industries (Economic Times)
Essar-Kobe JV for producing auto grade steel (Economic Times)
Tata Steel may use issue proceeds partly in Riversdale project (Economic Times)
Steel Strips gets $9mn order from Peugeot Citroen (Economic Times)
JSW Steel buys Bellary steel assets for Rs2.1bn (Economic Times)
Consumer
Pepsico launches six new Lay's flavours for the ICC World Cup (Economic Times)
Retail/ Real Estate
Parsvnath to cut net debt by nearly 60% (Economic Times)
IT & Telecom
MCA clears Swan Telecom, says RCOM never had more than 9.9% (Economic Times)
Tata Comm enters into strategic agreement with Videotron (Economic Times)
Idea launches MNP helpline for mobile users (Economic Times)
DoT[Department Of Telecom] to look into process followed in 1999 to frame NTP
2011 (Economic Times)
BSNL to set up call centres across the country (Economic Times)
Infosys told to pay Rs4bn tax on onshore sales (Economic Times)
iGate, Patni mgt get ready for integration (Economic Times)
Power, engineering & infrastructure
L&T Q3 net exceeds estimates, may miss FY11 order inflow guidance (Economic Times)
Triveni renews licensing pact with Lufkin for gear biz (Economic Times)
Automobiles
Audi India to launch A6, A7 & A8 (Economic Times)
Audi India to float its own finance arm by 2011 Q1 (Economic Times)
Bicycle prices set to rise by 5-7% from Feb (Economic Times)