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News headlines
Oil & Gas
Vibrant Gujarat: Reliance, Essar to invest Rs850bn (Economic Times)
Essar Oil starts gas production from Raniganj CBM block (Economic Times)
Reliance gas output from KGD6 to go up to 60 mmscmd (Economic Times)
Banks
Battling a money crunch, banks demand CRR, SLR cut (Economic Times)
IndusInd Bank hikes deposit rates by up to 1.75% (Economic Times)
Pharma
Aurobindo to divest stake in China arm (Economic Times)
Bristol-Myers patent plea for HIV drug rejected (Economic Times)
Biocon trials for oral insulin drug fail to meet target (Business Standard)
Commodity
Orissa High Court asks MoEF to justify its stand on Vedanta expansion (Economic Times)
Tata Steel to offer 57mn shares through FPO (Business Standard)
Government puts SAIL FPO on fast track (Business Standard)
Retail/ Real Estate
Parsvnath raises Rs1bn via equity sale in Ghaziabad proj (Economic Times)
IT & Telecom
DoT rejects RCOM plea for additional spectrum (Economic Times)
Sibal goes after CAG report again (Economic Times)
TDSAT asks Uninor to pay 60% of the penalty to DoT (Economic Times)
Tata Communications to acquire US-based BitGravity (Economic Times)
Singtel says buys $30mn worth of shares in Bharti Airtel (Economic Times)
iGate's Patni buy fails to cheer its US investors (Economic Times)
Power, engineering & infrastructure
Moser Baer ties up with Macquarie SBI Infra for proj in MP (Economic Times)
L&T Power targets $3-bn revenue by '15 (Economic Times)
Lanco Infra's project raises Rs18.27bn in debt (Economic Times)
CCI gets HC go-ahead in case against DLF (Business Standard)
R-Venture set to acquire stake in AllGreen Energy (Business Standard)
Automobiles
Maruti Suzuki expects to produce 1.2mn vehicles in FY'11 (Economic Times)
Auto sales up 31% in Dec, slowdown ahead: SIAM[Society of Indian Automobile
Manufacturers] (Economic Times)
India's 2010 auto sales up 31%, seen slowing (Economic Times)
Toyota's biggest problem: Aging lineup (Economic Times)
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