01 April 2011

1 April, 2011 :Economic and Political News - Angel Broking

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Economic and Political News
􀂄 Fiscal deficit at `2.75lakh-cr in April 2010–February 2011
􀂄 Food inflation eases to 9.5%
􀂄 Garment exports up 24% yoy in February 2011
􀂄 India's population rises to 1.2bn, 17.5% of world population: Census of India 2011
Corporate News
􀂄 DoCoMo to invest `800cr in Tata Teleservices
􀂄 L&T divests stake in L&T–CASE JV
􀂄 M&M eyes India launch of Ssangyong SUVs
􀂄 Smartlink to sell Digilink biz to Schneider for `503cr
􀂄 Welspun bags pipe orders worth `1,182cr
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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