11 April 2011

Economic and Political News 􀂄 Angel Broking,

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Economic and Political News
􀂄 Indian automobile industry registers 27.8% yoy growth in sales in FY2011
􀂄 RBI extends special liquidity measures till May 6
􀂄 Auto sector expected to grow by 12–15% in FY2012: SIAM
􀂄 Government has asked RIL to meet gas demands of fertilizer and power companies first
􀂄 Government to soon unveil a national manufacturing policy: Anand Sharma
Corporate News
􀂄 JLR to invest GBP7.5bn over the next five years mainly on product development
􀂄 Mahindra and Mahindra raises prices of its vehicles by 1.5–2%
􀂄 Tata Power plans to raise US$500mn through perpetual bond issue
􀂄 Gayatri Projects plans to raise US$250mn via private equity route by August 2011
􀂄 Suzlon raises total bond issue size to US$175mn
􀂄 ONGC Videsh's oil and oil-equivalent gas output rose 6.3% yoy in FY2011
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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