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24 March 2011

Economic and Political News - Angel Broking, March 24, 2011

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Economic and Political News
􀂄 Government okays 14 FDI proposals worth `1,290cr
􀂄 Bank credit offtake rises over 23%, deposits up over 16%
􀂄 Luxury cars to be costlier despite CKD custom duty cut
Corporate News
􀂄 Unitech sells 300 Gurgaon housing units for `200cr
􀂄 Colgate to buy Sanex brand from Unilever for US $940mn
􀂄 Nestle opens new plant in Karnataka, invests `360cr
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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