28 April 2011

News headlines:: RBS, April 28, 2011

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News headlines
Oil & Gas
􀀟 India caps offer price for Turkmenistan gas at $12.67 (Economic Times)
􀀟 India exploring Iran oil payment via Turkey: Oil ministry source (Economic Times)
􀀟 Govt to look into reasons for fall in gas from Reliance's KG-D6 fields (Economic Times)
􀀟 Reliance Industries could be penalised for gas shortfall: Oil ministry source (Economic Times)
􀀟 Essar to stop offering fuel oil regularly by year-end (Economic Times)

Banks
􀀟 Reserve Bank penalises two cooperative banks (Economic Times)
􀀟 Anil Ramachandran of IndusInd Bank: Flashing the ‘alliance’ trump card (Economic Times)
Pharma
􀀟 Indian firms eye $2.5bn US drug mkt (Business Standard)
􀀟 Venus Remedies completes Phase I & II clinical trials of Tumatrek (VRP1620) (Business
Standard)
Commodity
􀀟 ASSOCHAM urges Karnataka Govt to review iron ore mining leases (Economic Times)
􀀟 Big proposals, but Arcelor & Posco spends in Orissa negligible (Economic Times)
􀀟 Tata Steel to invest 8mn pounds in Scotland plant (Economic Times)
􀀟 Ultra mega projects needed to raise capacity to 145MT: Steel ministry (Economic Times)
􀀟 Sesa Goa plans steel plants (Economic Times)
􀀟 Shiva Cement signs pact with Orissa for Rs8bn expansion plan (Business Standard)
Consumer
􀀟 FMCG companies plan another round of price hike (Economic Times)
􀀟 Jyothy Labs in talks to buy 51 pc of Henkel India for $203mn: Sources (Economic Times)
Retail / Real Estate
􀀟 2008 DDA scheme flats: Hundreds lie vacant at Vasant Kunj without water, power supply
(Economic Times)
􀀟 Unitech says brand not hit by 2G scam (Business Standard)
􀀟 Lancor chalks out Rs25bn investment (Business Standard)
IT & Telecom
􀀟 Premji says has no 'privileged knowledge' on Infosys affairs (Economic Times)
􀀟 Huawei unveils 10-year growth plan; reaffirms India commitment (Economic Times)
􀀟 S&P cuts Japan outlook, 'rebuilding may hit $600bn' (Economic Times)
􀀟 Vodafone finds India tough going (Economic Times)
Power, engineering & infrastructure
􀀟 Tata Power to invest Rs13bn in FY12 in wind, solar energy (Economic Times)
􀀟 CIL facing 450mn tonne supply shortfall against LoA (Economic Times)
􀀟 AV Birla may review plans for Whitehaven bid if partner elusive (Economic Times)
􀀟 Coal India gets 27 proposals for imported coal (Economic Times)
􀀟 Pratibha Ind says gets order from Gujarat Water Infrastructure worth Rs1.01bn (Economic
Times)


Automobiles
􀀟 Mahindra launches Maxximo Minivan at Rs0.32mn (Economic Times)
􀀟 M&M sees no impact of Japanese crisis on volume (Economic Times)
􀀟 Delhi Auto Expo may have 2 venues next year (Economic Times)
􀀟 China carmakers chart path to global stage (Economic Times)

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