News headlines: April 8, 2011, The Royal Bank of Scotland

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News headlines
Oil & Gas
�� Cairn-Vedanta extend deal deadline after govt delays decision (Economic Times)
�� Power Ministry concerned over gas shortfall from RIL's KG-D6 (Economic Times)
Banks
�� SIB clocks Rs505.6bn business in 2010-11 (Economic Times)
�� Banks explore non-traditional markets to raise money (Economic Times)
�� Banking licence draft guidelines in next 15-20 days: Finance Ministry (Economic Times)
�� Foreign operations set to get a leg up at SBI (Business Standard)
�� Bahrain unrest gets to Indian banks (Business Standard)
Pharma
�� USFDA nod likely for Ranbaxy generic drug (Economic Times)
�� Glenmark inks pact with Canadian firm for anti-aging products (Economic Times)
�� Drug resistant superbug retains Delhi tag (Economic Times)
�� Zydus gets USFDA nod for diabetes drug trial (Business Standard)
Commodity
�� Stalemate continues among ministries over forest areas open for mining (Economic Times)
�� Orissa considers signing a fresh agreement with Rio Tinto (Economic Times)
�� SAIL FPO to hit market by May-end (Economic Times)
�� Volkswagen selects Steel Strips Wheels for supply of wheels worth Rs536m (Business
Standard)
Consumer
�� Godrej eyeing acquisitions in Asia, Africa (Economic Times)
�� IBM to provide shared services to PepsiCo India (Economic Times)
Retail/ Real Estate
�� Dubai properties 60% cheaper than Mumbai (Economic Times)
�� TVS Group plans foray into budget housing (Business Standard)
�� Ambuja Realty to come up with three new tourist resorts (Business Standard)
IT & Telecom
�� Vodafone-Essar deal: Essar to ask Vodafone to pay $700m more for 33% stake (Economic
Times)
�� BSNL's FY11 losses increase 50% to Rs27.25bn (Economic Times)
�� MNP response in Punjab not on expected lines: Tata Docomo (Economic Times)
�� Mobile subscriber base touches 791.38m (Economic Times)
�� BRPSE moots merger of BSNL, MTNL and ITI (Economic Times)
Power, engineering & infrastructure
�� GVK in talks to fund Hancock mines buy: Sources (Economic Times)
�� Reliance Infra asked to apply afresh for distribution license in Mumbai (Economic Times)
�� Incor Infra looking to add land parcels (Business Standard)
Automobiles
�� Ford India stops production of Ikon (Economic Times)
�� Ford mulls fresh investments, plant expansion in India (Economic Times)
�� BMW posts highest ever monthly sales in India in March (Economic Times)
�� Workers' inputs helped Maruti Suzuki save Rs1.6bn last fiscal (Economic Times)
�� Atul Auto sales up 60 % in FY-11 (Economic Times)