06 April 2011

APRIL 6, 2011: Economic and Political News -Angel Broking,

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Economic and Political News
􀂄 28,000MW of electricity capacity to be set up in 2011–12
􀂄 Sebi to address RBI concerns on foreign investment in MFs
􀂄 Bankers urge RBI not to hike repo and reverse repo rates
􀂄 Government panel to advise on gas pricing, allocation

Corporate News
􀂄 Maruti Suzuki hikes car prices by up to `9,000
􀂄 United Phosphorus buys 50% in Sipcam Isagro Brasil
􀂄 Satyam, PwC settle SEC accounting fraud probes
􀂄 Suzlon raises stake in REPower to 95%, eyes complete takeover
􀂄 Voltas hikes stake in Oman JV to 60%
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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