05 April 2011

News headlines : | 5 Apr il 2011:: The Royal Bank of Scotland

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News headlines
Oil & Gas
􀀟 Oil ministry supports ONGC views on Cairn-Vedanta deal (Economic Times)
􀀟 BPCL plans LNG import facility, pipeline infrastructure for Mozambique gas (Economic Times)
􀀟 MRPL appoints Vishnu Agrawal as Director Finance (Economic Times)
􀀟 Oil firms to lose Rs1741bn on fuel sales in 2011-12 (Economic Times)
Banks
􀀟 Central Bank of India slashes fixed deposit rates by up to 1% (Economic Times)
􀀟 All you need to know about Adhaar-enabled payment systems (Economic Times)
􀀟 Banks to redeem cds worth Rs2000bn in first quarter (Business Standard)
􀀟 Goldman, Morgan may be next up for bank licences (Hindustan Times)
Pharma
􀀟 Pfizer to sell its Capsugel unit to KKR for $2.38bn (Business Standard)
􀀟 Sanofi gains control of Genzyme (Business Standard)
Commodity
􀀟 Price rise set to impact Coal India bottom line (Economic Times)
􀀟 SC to hear Tata petition in July on Reliance Power's coal use (Economic Times)
􀀟 Steel Strips Wheels gets export order for over 30,000 wheel rims (Economic Times)
􀀟 GVK set to buy Hancock Coal (Business Standard)
Consumer
􀀟 Marico to focus on four key oil brands (Economic Times)
􀀟 Dabur, Emami opt out of race to acquire Henkel India (Economic Times)
􀀟 Nirma makes exit offer to residual shareholders (Economic Times)
Retail/ Real Estate
􀀟 Commercial space demand in India to touch 160mn sq ft by '14 (Economic Times)
IT & Telecom
􀀟 IDFC's foreign company status may create problems for Vodafone (Economic Times)
􀀟 Vodafone's Essar pay too high, but 3G services could save the day (Economic Times)
􀀟 Idea may sell stake, in discussions with international telcos (Economic Times)
􀀟 Investment in Unitech Wireless cleared by govt: Telenor (Economic Times)
􀀟 Wimax Forum bets big on BSNL, MTNL for Indian market (Economic Times)
􀀟 Ratan Tata candid with answers, but Niira Radia evasive: PAC chairman Joshi (Economic
Times)
Power, engineering & infrastructure
􀀟 GAIL plans foray into power sector through tie-up with NTPC (Economic Times)
􀀟 Tecpro Systems bags Rs2.56bn order from NTPC (Economic Times)
􀀟 SC notice to Ansaldo Caldaie on NTPC plea (Economic Times)
􀀟 Eaton sees India sales trebling by 2015 to $500mn (Economic Times)
􀀟 BHEL profit up 40%, looks for gas turbine business in Japan (Business Standard)
􀀟 R-Infra to go ahead with Worli-Haji Ali sea link (Business Standard)
Automobiles
􀀟 Ashok Leyland aims to be among global top 10 truck makers (Economic Times)
􀀟 Expect around 15% sales growth this fiscal: Maruti Suzuki (Economic Times)
􀀟 Govt to set up apex bodies on hybrid vehicles this week (Economic Times)

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