13 April 2011

News headlines: April 13, 2011, The Royal Bank of Scotland

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News headlines
Oil & Gas
􀀟 Essar Oil says it will continue import of crude from Iran (Economic Times)
􀀟 Essar Oil says refining margins may improve further (Economic Times)
􀀟 ONGC's Tatipaka refinery begins MTO production (Economic Times)
􀀟 Oil cos see early end to Iran payment crisis, eye term deals (Economic Times)
􀀟 Govt fixes Essar Oil's gas price at $5.25mmBtu (Economic Times))
Banks
􀀟 SBBJ becomes official banker of Rajasthan Royals (Economic Times)
􀀟 India Post plans special counters for rural areas (Economic Times)
􀀟 HDFC Bank's online donation facility for Tamil Nadu temple (Economic Times)
􀀟 Banks quarrel over MFI debt recast (Business Standard)
Pharma
􀀟 Pharma sector sees rising trust in good old brands (Economic Times)
􀀟 Indian pharma in tough battle for generic riches (Economic Times)
􀀟 Once bitten, Kayem Pharmaceuticals not shy about new pastures (Economic Times)
􀀟 No additional norms to issue compulsory drug licences (Economic Times)
􀀟 Merck, Sun Pharma ink JV to bring innovative drugs to Ems (Economic Times)
Commodity
􀀟 ADAG group firm eyes Jayajothi's cement biz valued at Rs20bn (Economic Times)
􀀟 Green nod for 50 coal blocks of 33 companies soon (Economic Times)
􀀟 Coal India gets Maharatna tag (Economic Times)
􀀟 Steel cos unable to hike prices on weak demand (Economic Times)
􀀟 JSW Steel posts highest-ever quarterly crude steel production in Q4FY11 (Economic Times)
Consumer
􀀟 Emami eyes Rs400mn revenue from Pure Skin brand in first year (Economic Times)
􀀟 PepsiCo-Hindustan Unilever to re-launch Ice Tea, to take on Coke-Nestle (Economic Times)
􀀟 Goodricke looking to buy tea gardens in Africa (Economic Times)
􀀟 Danone to bring its blockbusters to India (Economic Times)
Retail/ Real Estate
􀀟 Retail realty to witness rapid growth: CB Richard Ellis (Economic Times)
􀀟 Parsvnath promoters revoke pledge on over Rs50m shares (Economic Times)
􀀟 Ansal API sold properties worth Rs23.9bn in FY11 (Economic Times)
IT & Telecom
􀀟 Global financial crisis worked to India's benefit: TCS (Economic Times)
􀀟 HCL strategy of 'chasing growth by risking profitability' to face litmus test this year (Economic
Times)
􀀟 Wipro & HCL have an edge in writing Smartphone apps (Economic Times)
􀀟 COAI to join hands with Govt for better mobile broadband spread (Economic Times)
􀀟 New Telecom policy to ease M&A rules (Economic Times)

􀀟 Mobile VAS market to generate over Rs550bn by 2015: PwC (Economic Times)
􀀟 Tata Docomo announces free incoming roaming plan (Economic Times)
􀀟 Bharti Airtel to launch iPhone 4 in India (Economic Times)
􀀟 New telecom licenses for 10 yrs; tariffs may go up (Economic Times)
􀀟 DoT has sent 8 termination notices to telcos: Secretary (Economic Times)
Power, engineering & infrastructure
􀀟 Crompton's Ultra High Voltage R&D centre to come up in Nashik (Economic Times)
􀀟 GMR offloads 50% stake in InterGen to China co (Economic Times)
􀀟 GMR Infra eyes $150m private equity cash (Economic Times)
􀀟 NPCIL to raise Rs25bn debt (Economic Times)
􀀟 Godawari Power to make $100mn acquisition overseas (Economic Times)
􀀟 Tata Power bags order to modernise IAF's airfield infra (Economic Times)
􀀟 Punj Lloyd unit buys 50% in Indonesia coal mine (Economic Times)
􀀟 'Power sector facing shortage of service providers' (Business Standard)
􀀟 NTPC, RIL join hands to ease Andhra power woes (Business Standard)
􀀟 BHEL develops sun tracker for solar modules (Business Standard)
Automobiles
􀀟 Nissan hikes Micra prices by up to Rs11170 (Economic Times)
􀀟 Yamaha ties up with Deccan Chargers as official team partner (Economic Times)
􀀟 Ambassador's new gamble (Business Standard)

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