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23 February 2011

News & events: Angel Broking, 23 Feb 2011

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Economic and Political News
�� FMCG firms want inflation tackled, tax reforms
�� Food subsidy bill to rise by 27% to `74,231cr this year
�� Inflation to average 9% in FY2011, says CMIE

Corporate News
�� Balrampur Chini to buy back shares at a price not exceeding `85/share
�� Caraco to merge with Sun Pharma
�� Maruti Suzuki launches diesel variant of SX4 – ‘Super Turbo’

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

Events for the day
ABB Ltd. Results
Bata India Results
SKF Industries Results

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