23 March 2011

News Headlines -RBS : March 23, 2011

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News headlines
Oil & Gas
􀀟 Essar Energy supply contracts may take a hit in near term (Economic Times)
􀀟 Japan nuclear disaster to change global energy market (Economic Times)
􀀟 Expect to get govt nod on stake sale to Vedanta: Cairn (Economic Times)
􀀟 Reliance plant unit at Jamnagar may start Wednesday: Source (Economic Times)
􀀟 Panel on gas price pooling to meet this week (Economic Times)
Banks
􀀟 RBI sets holding company rider for bank licence (Economic Times)
􀀟 BoB CMD says no need to increase interest rates (Economic Times)
􀀟 Indusind Bank to buy Deutsche Bank's India credit card biz-report (Economic Times)
Pharma
􀀟 HC stay on immediate withdrawal of banned drugs (Business Standard)
􀀟 Nigeria on Gujarat pharmaceutical companies' radar (Business Standard)
Commodity
􀀟 NMDC expects to renew Japan iron ore contracts (Economic Times)
􀀟 Adhunik Metaliks to receive environmental clearance for iron mine soon (Economic Times)
􀀟 Will allot 1,500 acre to ArcelorMittal in a month: Yeddyurappa (Economic Times)
􀀟 Sesa Goa bags Bellary Steel for Rs2.2bn (Economic Times)
Consumer
􀀟 Jyothy Laboratories may not be done with acquisitions (Economic Times)
􀀟 Coffee to double its reach in India (Economic Times)
􀀟 Only three years for coffee chains to gain ground before Starbucks and Dunkin' enter India
(Economic Times)
Retail/ Real Estate
􀀟 CII for increase in flow of capital in housing segment (Economic Times)
􀀟 Kotak property arm to raise up to $500mn for India buys (Economic Times)
IT & Telecom
􀀟 I-T department freezes accounts of Mahindra Satyam (Economic Times)
􀀟 Microsoft offers customized solutions for SMEs (Economic Times)
􀀟 Shourie touts rules on surplus land to defend VSNL divestment (Economic Times)
􀀟 Senior telecom official to probe divestment of VSNL (Economic Times)
Power, engineering & infrastructure
􀀟 Cairn revenue grows nearly 7-fold to $1.6bn in 2010 (Economic Times)
􀀟 Tata Power to build India's first floating solar plant (Economic Times)
􀀟 Yanzhou, Aditya Birla eye Australian miner Whitehaven bids –sources (Economic Times)
􀀟 Tata Power, Sunengy in pact for solar plant in India (Economic Times)
􀀟 Patel Engineering bags Rs1.6bn order from Karnataka govt (Economic Times)
􀀟 Jaihind Projects gets orders worth Rs815.8mn (Economic Times)
Automobiles
􀀟 Diesel cars get costlier in Delhi (Economic Times)
􀀟 Mahindra to set up tractor plant in Zaheerabad in AP (Economic Times)
􀀟 Maruti mulls options to counter yen impact on margins (Economic Times)
􀀟 Nissan's Juke crossover: Spirited and agile performer (Economic Times)

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