Please Share::
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News Headlines
India, EU closer to free trade agreement (ET)
India and the European Union hope to sort out the remaining issues to a free trade
agreement in their next round of meeting of officials in May in New Delhi.
Trade deficit with China matter of concern: India (ET)
Ahead of the meeting between Prime Minister Manmohan Singh and Chinese
President Hu Jintao, India today said trade imbalance in favour of China was a matter
of concern and India had sought greater market access to bridge it.
IMF lowers 2011 growth estimate to 8.2%, warns against overheating (BS)
The International Monetary Fund (IMF) has warned India against signs of overheating.
However, ironically, it has also scaled down growth projections for India in 2011 and
expects inflation to be lower this year compared to 2010.
PM to bat for joint strategy (BS)
Prime Minister Manmohan Singh arrived here today at the Phoenix International
Airport to attend the BRICS Summit that will see the formal induction of South Africa
as the fifth member of the emerging economies group.
IT firms set for robust outlook as tech spending rises (Reuters)
India's top three technology firms are likely to post strong quarterly profit and indicate
robust revenue growth for the year ending March 2012 as overseas clients boost
technology spending in an improving global economy.
Indian pharma in tough battle for generic riches (Reuters)
Indian makers of generic drugs have a fight on their hands as they scramble for
access to the $100 billion worth of drugs coming off patent over the next two years.
Power sector facing shortage of service providers (BS)
India’s power sector is expected to grow at 10 per cent and is currently going
through a critical phase as the existing capacity is aging very fast, according to NN
Mishra, director (operations), NTPC Limited.
Banks quarrel over MFI debt recast (BS)
ICICI wants inclusion of securitised loans, while Axis, IndusInd and YES Bank oppose
this. Banks which lend to microfinance institutions (MFIs) are fighting among
themselves over restructuring these loans.
Petroleum ministry seeks portion of tax collected from oil sector to compensate
PSU oil companies (ET)
The petroleum ministry is seeking a portion of the tax collected from the oil sector to
compensate state-run oil retailers Indian Oil Corp, Bharat Petroleum and Hindustan
Petroleum, which incur losses by selling select fuels at government rates.
Organised retail jewellery sector growing by 40% (BS)
The country’s organised retail jewellery sector is growing by 30-40 per cent annually,
thanks to the rising brand consciousness among the masses.
Future Ventures IPO likely to open end of April (Reuters)
Future Ventures Ltd, a unit of the Future Group which runs the country's top listed
retailer Pantaloon Retail, is likely to hit the capital market with its initial public offering
at the end of April, a newspaper report said.
NTPC, RIL join hands to ease Andhra power woes (BS)
NTPC and Reliance Industries (RIL) will soon enter into a complex deal to ensure
supply of more gas to Andhra Pradesh power projects. Gas marketer and transporter
GAIL, too, will be a part of the arrangement.
GMR Infra eyes $150 mln in private equity for airport unit (Reuters)
India's GMR Infrastructure Ltd, which develops airports and power projects, is
looking to raise $150 million through private equity for its airport arm, its group chief
financial officer said on Tuesday.
Chinese clout seen in Brazil, Greece, Spain meetings (Reuters)
China's growing global economic footprint was on display on Tuesday, with a Greek
minister saying Beijing will help his country overcome its debt crisis and a Brazilian
official brandishing a big jet order from Chinese airlines.
Asia Deficits Swell as Soaring Oil Makes Leaders Delay Subsidy Reductions
(Bloomberg Finance LP)
Surging oil and food costs may swell budget deficits in Asia as governments spend
on subsidies to keep consumer prices low and avoid inflation protests that helped
topple regimes in the Middle East this year.
U.K. Inflation Unexpectedly Slows in March for First Time in Eight Months
(Bloomberg Finance LP)
U.K. inflation unexpectedly slowed in March for the first time in eight months as
discounting at supermarkets prompted food prices to plunge.
Visit http://indiaer.blogspot.com/ for complete details �� ��
News Headlines
India, EU closer to free trade agreement (ET)
India and the European Union hope to sort out the remaining issues to a free trade
agreement in their next round of meeting of officials in May in New Delhi.
Trade deficit with China matter of concern: India (ET)
Ahead of the meeting between Prime Minister Manmohan Singh and Chinese
President Hu Jintao, India today said trade imbalance in favour of China was a matter
of concern and India had sought greater market access to bridge it.
IMF lowers 2011 growth estimate to 8.2%, warns against overheating (BS)
The International Monetary Fund (IMF) has warned India against signs of overheating.
However, ironically, it has also scaled down growth projections for India in 2011 and
expects inflation to be lower this year compared to 2010.
PM to bat for joint strategy (BS)
Prime Minister Manmohan Singh arrived here today at the Phoenix International
Airport to attend the BRICS Summit that will see the formal induction of South Africa
as the fifth member of the emerging economies group.
IT firms set for robust outlook as tech spending rises (Reuters)
India's top three technology firms are likely to post strong quarterly profit and indicate
robust revenue growth for the year ending March 2012 as overseas clients boost
technology spending in an improving global economy.
Indian pharma in tough battle for generic riches (Reuters)
Indian makers of generic drugs have a fight on their hands as they scramble for
access to the $100 billion worth of drugs coming off patent over the next two years.
Power sector facing shortage of service providers (BS)
India’s power sector is expected to grow at 10 per cent and is currently going
through a critical phase as the existing capacity is aging very fast, according to NN
Mishra, director (operations), NTPC Limited.
Banks quarrel over MFI debt recast (BS)
ICICI wants inclusion of securitised loans, while Axis, IndusInd and YES Bank oppose
this. Banks which lend to microfinance institutions (MFIs) are fighting among
themselves over restructuring these loans.
Petroleum ministry seeks portion of tax collected from oil sector to compensate
PSU oil companies (ET)
The petroleum ministry is seeking a portion of the tax collected from the oil sector to
compensate state-run oil retailers Indian Oil Corp, Bharat Petroleum and Hindustan
Petroleum, which incur losses by selling select fuels at government rates.
Organised retail jewellery sector growing by 40% (BS)
The country’s organised retail jewellery sector is growing by 30-40 per cent annually,
thanks to the rising brand consciousness among the masses.
Future Ventures IPO likely to open end of April (Reuters)
Future Ventures Ltd, a unit of the Future Group which runs the country's top listed
retailer Pantaloon Retail, is likely to hit the capital market with its initial public offering
at the end of April, a newspaper report said.
NTPC, RIL join hands to ease Andhra power woes (BS)
NTPC and Reliance Industries (RIL) will soon enter into a complex deal to ensure
supply of more gas to Andhra Pradesh power projects. Gas marketer and transporter
GAIL, too, will be a part of the arrangement.
GMR Infra eyes $150 mln in private equity for airport unit (Reuters)
India's GMR Infrastructure Ltd, which develops airports and power projects, is
looking to raise $150 million through private equity for its airport arm, its group chief
financial officer said on Tuesday.
Chinese clout seen in Brazil, Greece, Spain meetings (Reuters)
China's growing global economic footprint was on display on Tuesday, with a Greek
minister saying Beijing will help his country overcome its debt crisis and a Brazilian
official brandishing a big jet order from Chinese airlines.
Asia Deficits Swell as Soaring Oil Makes Leaders Delay Subsidy Reductions
(Bloomberg Finance LP)
Surging oil and food costs may swell budget deficits in Asia as governments spend
on subsidies to keep consumer prices low and avoid inflation protests that helped
topple regimes in the Middle East this year.
U.K. Inflation Unexpectedly Slows in March for First Time in Eight Months
(Bloomberg Finance LP)
U.K. inflation unexpectedly slowed in March for the first time in eight months as
discounting at supermarkets prompted food prices to plunge.
No comments:
Post a Comment