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15 March 2011

Angel Broking news of the day

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Economic and Political News
„ Inflation for Feb. 2011 rises to 8.31% from 8.23% in Jan. 2011
„ Feb. 2011 power output rises 6.8% yoy
„ Cabinet to take up GST Constitution Amendment Bill today
„ India’s tyre exports up by 17.5% in 1HFY2011

Corporate News
„ Patel Engineering loses deposit on NHAI bid
„ ONGC loses bid to buy Exxon stake in Angolan field
„ Essar Steel to ramp up its retail network to 650 outlets by FY2012
„ TPG, Shriram Group acquire Vishal Retail business

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