16 February 2011

India News headlines :: 16 February 2011 :: Royal Bank of Scotland

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News headlines 
Oil & Gas
Decision on Cairn-Vedanta deal in 3 weeks (Economic Times)
India's refining capacity to rise to 240mn T in 2 yrs (Economic Times)
‘Diversion of subsidised fuel a threat’ (Economic Times)

Banks
SBI won't let you buy retail bonds online (Economic Times)
Indian Bank ties up with TVS for vehicle finance (Economic Times)
Axis Bank launches new concept -- Everywhere Teller Machines (Economic Times)
Pharma
GSK Pharma to launch vaccine, cancer drugs in 2011 (Economic Times)
Commodity
Ramesh gives conditional nod to coal mining for Bedabahal project (Economic Times)
Cairn-Vedanta: Only political intervention can save a dead deal (Economic Times)
Vedanta's operating risk to increase post Cairn buy: S&P (Economic Times)
Consumer
Contraband cigarette market in India estimated at Rs17bn (Economic Times)
Retail/ Real Estate
I-T seeks Rs11bn TDS for land lease deals (Economic Times)
Unitech to launch 10m sqft area at a cost of up to Rs20bn (Economic Times)
IT & Telecom
Uncertainty clouds IT outsourcing from telcos (Economic Times)
Development in Indian telecom not to impact plans: Telenor (Economic Times)
CMS Info Systems bags Rs3bn BSNL project (Economic Times)
RCom selects Ericsson for its applications store (Economic Times)
Unitech MD says in CBI office over telecoms probe (Economic Times)
GTPL picks CISCO on cable digitisation in four states (Economic Times)
Aptech enters into tie-up with Microsoft for learning material (Economic Times)
Power, engineering & infrastructure
GMR gets Rs5.2bn from IIFCL for Delhi airport (Business Standard)
Infra firms in race for Rs13bn intermodal transit centre (Business Standard)
Power exchanges, CERC to address outages in Maharashtra (Business Standard)
Automobiles
Hyundai Motor India exports five lakh Santro cars (Economic Times)
Tata Motors announces foray into motorsport (Economic Times)
Redrawing distribution plans for Fiat: Tata Motors (Economic Times)
Volkswagen eyes annual growth of 15% for next five years (Economic Times)
Car, bike players work on new branding plans (Economic Times)
Government should not touch excise duty: Roy Kurian, Business Head, Yamaha Motor
(Economic Times)

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