04 April 2011

India News- April 4, 2011: Angel Broking,

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Economic and Political News
􀂄 February exports rise by 50% yoy
􀂄 FDI in services sector dips 23% to US$3bn
􀂄 Oil companies hike ATF prices by 1.4%
􀂄 Road Ministry to seek private participation for `1.19lakh-cr projects
􀂄 Coal Ministry to put 58 mines on the block in the next six months

Corporate News
􀂄 Government to consider Cairn's stake sale to Vedanta on Wednesday
􀂄 Wipro to acquire SAIC’s global oil and gas IT services business
􀂄 JSW Steel revives London listing plans
􀂄 ONGC gets assets insured for US$27.70mn for FY2012
􀂄 HCC redeems FCCBs worth US$133mn
􀂄 Ballarpur Industries puts BILT Paper IPO plan on hold
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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