21 February 2011

Corporate News, Economic and Political News: Angel Broking, Feb 21, 2011

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Economic and Political News
􀂄 Cartel destroying capital market, R-Infra tells IB
􀂄 China raises bank reserve ratios by 50bp to check inflation
􀂄 CBI raids office of Kalaignar TV regarding 2G probe
􀂄 India and Malaysia signed a CECA to boost bilateral trade to US $15bn by 2015

Corporate News
􀂄 Amtek Auto forms JV with Israeli firm Enertec Management to manufacture various
electronic solutions for military applications
􀂄 HUL to push Lakme salons, new products
􀂄 Honda plans rival to Hero Honda in 100cc segment
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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