27 January 2011

Royal Bank of Scotland- News headlines: 27 January 2011

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News headlines
Oil & Gas
􀀟 Kerosene black market thriving at Rs100bn (Economic Times)
􀀟 After RIL, Cairn complains about govt delays slowing operations (Economic Times)
􀀟 Sebi seeks fresh clarifications on Vedanta-Cairn deal (Economic Times)

Banks
􀀟 Bank of India eyes Rs900bn business in Gujarat by 2015 (Economic Times)
􀀟 ICICI Bank to open 500 branches every year: Kochhar (Economic Times)
􀀟 Either prune credit growth or raise more deposits: RBI to banks (Economic Times)
Commodity
􀀟 Vedanta has technical capabilities to operate Cairn: DGH (Economic Times)
􀀟 Sesa Goa gets stay order from Delhi HC against Bellary sell-off (Economic Times)
􀀟 Panel allows govt to sell Balco stake freely (Economic Times)
􀀟 Posco looking to set up steel plant in Karnataka (Economic Times)
􀀟 Tata Steel to achieve 10mn tonnes capacity in 2011: MD (Economic Times)
􀀟 SAIL to set up a 3 million tonne steel plant in Indonesia (Economic Times)
Consumer
􀀟 Asian Paints has hiked prices by 3% in Dec (Economic Times)
Retail/ Real Estate
􀀟 Vigneshwara Developers to build technology park for HSIIDC (Economic Times)
􀀟 Realty sector may see price correction (Economic Times)
􀀟 COMPAT allows CCI to continue enquiry against DLF (Economic Times)
IT & Telecom
􀀟 Bharti to provide 3G voice, SMS at 2G rates (Economic Times)
􀀟 Sistema Shyam open to merger call in India (Economic Times)
􀀟 Trai for affordable financial services on mobiles (Economic Times)
􀀟 MNP not to show much impact on telecom operators: Study (Economic Times)
􀀟 TDSAT rejects RCom's plea against BSNL (Economic Times)
􀀟 Reasoning Global to raise $12 mn to expand portfolio (Economic Times)
􀀟 MS set to report lower profit as PC sales growth fizzles (Economic Times)
Power, Engineering & Infrastructure
􀀟 India to develop coal-fired ultra supercritical plant (Economic Times)
􀀟 Gates India to inject $7mn in Punjab unit (Economic Times)
􀀟 Reliance, Tata eye hydro projects in Himachal (Economic Times)
􀀟 Coal India gets just two bids for Rs7bn ERP projects (Economic Times)
􀀟 Adanis ink $1.65bn deal for rail, port projects in Indonesia (Economic Times)
􀀟 GVK to invest $3-5bn to build Indonesia airports (Economic Times)
􀀟 Mahindras buy stake in British East India Company (Economic Times)
􀀟 Kobe Steel, L&T form JV for tyre machinery (Economic Times)


Automobiles
􀀟 Auto cos may import tyres to meet shortfall
􀀟 Maruti crosses one million sales mark in 10 months of FY-2011 (Economic Times)
􀀟 Suzuki taking 'cost-effective' Maruti models to Japan (Economic Times)
􀀟 Carzonrent India raising Rs1bn from 2 PE cos (Economic Times)
􀀟 Cycle prices to go up on higher input costs (Economic Times)

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