08 March 2011

Economic and Political News -Angel Broking, March 8, 2011

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Economic and Political News
􀂄 PE investments down 54% to US $324mn in February
􀂄 India likely to see normal monsoon in 2011: Officials
􀂄 Moody's slashes Greek rating, may cut further
􀂄 Annual `3,000cr subsidy planned for BSNL, MTNL

Corporate News
􀂄 Shipping Corp. to buy 110 vessels for `27,668cr in the next 10 years
􀂄 BHEL gets `1,445cr contract from APGenco
􀂄 BGR Energy bags `36.6cr Power Grid contract
􀂄 Insecticides India buys Nocil's brand Monocil
􀂄 GAIL told to cut supply fee for Dahej-Panvel line

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

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