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India Equity Research Reports, IPO and Stock News
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News headlines: Corporate
�� Tata Steel plans to raise US$500m by issuing bonds, most likely
perpetual bonds. (BS)
�� Orissa High Court has accepted a plea by Vedanta Aluminum
against Government’s order to reject company’s expansion plans in
the Kalahnidi district. (ET)
�� Bombay High Court has permitted Suzlon Energy’s German unit
RePower to find a new partner to make its turbines. (BS)
�� Hindustan Unilever Limited plans to double its turnover to
Rs500bn in next four years. (ET)
�� NTPC plans to achieve installed capacity size of 75GW by 2017
and 128GW by 2032 with a well diversified fuel mix. (BS)
News headlines: Economic and political
�� Under the MGNREGS (rural employment guarantee scheme), the
government has so far spent 56% of its budget allocation of
Rs400bn. (BS)
�� The government is likely to extend interest subvention scheme for
some export-oriented sectors for another year to support the
growth in exports. (BS)
�� Department of telecom is unlikely to cancel the licenses awarded
to the new telecom companies. (BS)
�� Government may convert its investment in PSU banks in the form
of perpetual bonds or preference shares into equity capital in order
to meet Basel III requirements. (ET)
�� According to CB Richard Ellis, India added 5msf of organized sector
mall space in the top seven cities during 2010. (ET)
News headlines: Corporate
�� Vodafone Essar may sell some telecom towers to Bharti Airtel
or Indus Towers. (ET)
�� Maruti Suzuki has launched its luxury sedan ‘Kizashi’ at a price of
Rs1.75m. (ET)
�� HCC Ltd has been awarded an EPC contract worth Rs3.5bn by a
government of Gujarat undertaking. (BS)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines: Corporate
�� Tata Steel plans to raise US$500m by issuing bonds, most likely
perpetual bonds. (BS)
�� Orissa High Court has accepted a plea by Vedanta Aluminum
against Government’s order to reject company’s expansion plans in
the Kalahnidi district. (ET)
�� Bombay High Court has permitted Suzlon Energy’s German unit
RePower to find a new partner to make its turbines. (BS)
�� Hindustan Unilever Limited plans to double its turnover to
Rs500bn in next four years. (ET)
�� NTPC plans to achieve installed capacity size of 75GW by 2017
and 128GW by 2032 with a well diversified fuel mix. (BS)
News headlines: Economic and political
�� Under the MGNREGS (rural employment guarantee scheme), the
government has so far spent 56% of its budget allocation of
Rs400bn. (BS)
�� The government is likely to extend interest subvention scheme for
some export-oriented sectors for another year to support the
growth in exports. (BS)
�� Department of telecom is unlikely to cancel the licenses awarded
to the new telecom companies. (BS)
�� Government may convert its investment in PSU banks in the form
of perpetual bonds or preference shares into equity capital in order
to meet Basel III requirements. (ET)
�� According to CB Richard Ellis, India added 5msf of organized sector
mall space in the top seven cities during 2010. (ET)
News headlines: Corporate
�� Vodafone Essar may sell some telecom towers to Bharti Airtel
or Indus Towers. (ET)
�� Maruti Suzuki has launched its luxury sedan ‘Kizashi’ at a price of
Rs1.75m. (ET)
�� HCC Ltd has been awarded an EPC contract worth Rs3.5bn by a
government of Gujarat undertaking. (BS)
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