Angel Broking- Economic and Political News & Events: Feb 11, 2011

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Economic and Political News
􀂄 Food inflation at 7-week low of 13.07%
􀂄 Fertiliser subsidy bill likely to go up by `10,000-15,000cr
􀂄 States to get `7,029cr to offset CST losses
􀂄 Shipping ministry plans financial institution to fund port projects

Corporate News
􀂄 ONGC does a U-turn, says its consent not needed for Cairn-Vedanta deal
􀂄 Hindalco recovers half Novelis cost by making cash fungible
􀂄 Indian Oil puts `20,000cr public issue on hold
􀂄 PFC’s FPO gets government nod

Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

Events for the day
Aban Offshore Results
Aditya Birla Nuvo Results
Amtek Auto Results
Apollo Tyres Results
Bajaj Corp Results
Bayer Crop Results
Dishman Pharma Results
Educomp Sol Results
Great Eastern Shipping Results
HDIL Results
HPCL Results
Patel Engineering Results
Pipavav Shipyard Results
Piramal Health Results
Shree Renuka Sugar Results
Tata Motors Results