09 February 2011

The Royal Bank of Scotland: News headlines -9 February 2011

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News headlines
Oil & Gas
􀀟 Cairn nod only if ONGC issue resolved: Govt (Economic Times)
􀀟 MRPL says no word yet on Iran oil row solution (Economic Times)
􀀟 Budget 2011: PETROFED recommends reduction of custom duty on imported crude to
nil (Economic Times)
􀀟 90% work on IPI pipeline complete within Iran: Envoy (Economic Times)

Banks
􀀟 SBI rules out immediate increase in deposit rates (Economic Times)
􀀟 Banking access to all villages with 2,000 people: RBI (Economic Times)
􀀟 Banks may face stern action for customer service lapses (Economic Times)
Pharma
􀀟 ASSOCHAM recommends customs duty exemption for notified life saving drugs (Economic
Times)
Commodity
􀀟 Budget 2011: ASSOCHAM for allowing abatement in case of cement clearances (Economic
Times)
􀀟 Rio Tinto in $1bn iron ore investments in Australia, Canada (Economic Times)
􀀟 Coal India fit for coveted Maharatna tag (Economic Times)
􀀟 Coal prices to accelerate on production shortfall: CIL (Economic Times)
􀀟 ArcelorMittal sees steel rebound from squeeze (Economic Times)
Consumer
􀀟 Reckitt threatens to cut retailers' margin (Economic Times)
􀀟 Dabur resumes operations in Egypt (Economic Times)
Retail/ Real Estate
􀀟 Fortis to transfer land assets to REIT (Economic Times)
IT & Telecom
􀀟 Over 17lkh users opt for MNP: Trai (Economic Times)
􀀟 Foreign telecom firms plan India foray (Economic Times)
􀀟 2G scam: Talks inconclusive, but govt may agree on JPC (Economic Times)
􀀟 Budget 2011: 3G fee payment should be qualified as intangible asset, says COAI (Economic
Times)
􀀟 UID project faces big cut this budget (Economic Times)
􀀟 Apax Partners, iGate nominees to join Patni board (Economic Times)
􀀟 Wipro sees strong demand for outsourcing, no price pressure (Economic Times)
􀀟 Qatars' Doha Bank looks at collaboration with Wipro (Economic Times)

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