25 April 2011

April 25:2011: News headlines :: RBS

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News headlines
Oil & Gas
􀀟 RIL eyes over Rs1,500bn investment in next five years (Economic Times)
􀀟 Government directs Reliance Industries to supply KG-D6 gas to priority sectors (Economic
Times)
􀀟 Government not satisfied with RIL's explanation over KG-D6 field gas output (Economic
Times)
􀀟 Malaysia's Petronas benefits from SEBI order on Cairn-Vedanta deal (Economic Times)

Banks
􀀟 Indian Bank to raise US$1bn through overseas bonds (Economic Times)
􀀟 Citi, Standard Chartered, HSBC betting high on consumer loans in rising economy (Economic
Times)
􀀟 I-banks told to avoid PSU, private float clash (Economic Times)
􀀟 Singapore's DBS Bank to expand operations in India (Economic Times)
􀀟 RBI turns down banks' proposal to dip into 2% of SLR to meet short-term asset liability
mismatch (Economic Times)
Pharma
􀀟 MNC may need govt nod to buy local pharma firm (Economic Times)
􀀟 Pfizer deal allows Dr Reddy's to sell anti-depression pill (Business Standard)
Commodity
􀀟 UK Govt bats for Cairn, opposes preconditions for Vedanta deal (Economic Times)
􀀟 HCL seeking environment clearance for closed Jharkhand mine (Economic Times)
􀀟 Neelanchal Ispat to commission Rs18.85bn expansion project (Economic Times)
􀀟 ArcelorMittal India to have greater say in Uttam Galva (Economic Times)
􀀟 Rashtriya Ispat plans setting up steel plant in JV with Karnataka (Economic Times)
􀀟 Use technology to make steel directly from fines: Mines Secy (Economic Times)
􀀟 Tata Steel sells 51 % in refractory unit to Japan's Krosaki Harima Corp (Economic Times)
Consumer
􀀟 FMCG firms bank on Rs5 packs to drive volumes in rural market (Economic Times)
􀀟 FMCG companies ride on Indian managers to perform well in India and other countries
(Economic Times)
􀀟 Price war between MNCs, growth of Ghari threatens small detergent with washout (Economic
Times)
􀀟 Mawana Sugars to foray into edible oil segment (Economic Times)
􀀟 Subway to invest Rs400m to set up 45 outlets by 2011-12 (Economic Times)
􀀟 Adani Wilmar, NK Industries to set up castor processing plant (Economic Times)
􀀟 MMTC floats bids for import of 37,000 tonnes of pulses (Economic Times)
Retail/Real Estate
􀀟 Lemon Tree, Warburg to invest Rs4bn in housing projects (Economic Times)
􀀟 Citizens prefer to rent homes than buy them: Government (Economic Times)
IT & Telecom
􀀟 CEL to get into Metro Rail signalling (Economic Times)


DoT panel wants surplus VSNL land hived off, blames Tatas for delay (Economic Times)
􀀟 Micromax, Lava, Karbonn, Spice, Maxx, Olive, Zen plan to start operations in Africa
(Economic Times)
􀀟 Unitech Wireless Chairman Sanjay Chandra asks for interim replacement on Uninor's board
(Economic Times)
􀀟 Pesky calls may continue for at least another one year: TRAI (Economic Times)
􀀟 DoT for review of TRAI recommendations to cancel 69 licences (Economic Times)
􀀟 Vodafone Essar's 33% stake worth more than US$5bn, argues Essar Group (Economic
Times)
􀀟 DoT committee approves one-time fee on telcos (Business Standard)
Power, engineering & infrastructure
􀀟 China set to unearth shale gas power (Business Standard)
􀀟 PLG Power plans to list in London, Indian markets (Business Standard)
􀀟 Italian power co JV takes off (Business Standard)
􀀟 Karnataka plans continuous power for water installations (Business Standard)
􀀟 'India may miss power capacity addition target in 11th Plan' (Business Standard)
Automobiles
􀀟 Maruti to shift 300,000 units production to Manesar from Gurgaon (Economic Times)
􀀟 Atul Auto eyes LCV foray, scouting for a foreign partner (Economic Times)
􀀟 Toyota to cut India output by 70% due to parts shortage (Economic Times)
􀀟 Toyota to recall 308,000 SUVs for airbag risk (Economic Times)
􀀟 Electric Nissan Leaf named World Car of the Year (Economic Times)
􀀟 All-new Jaguar XJ named international luxury car of the year (Economic Times)
􀀟 Solid growth forecast for Indian automakers for January-March (Economic Times)
􀀟 Tata Motors to finalise overseas production site for Nano soon (Economic Times)

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