18 April 2011

RBS, 18 Apr 2011. News Update

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News headlines
Oil & Gas
􀀟 Low supply, high demand likely to ensure good Q4 earnings show (Economic Times)
􀀟 Oil PSUs to lose Rs1775bn on fuel sales this fiscal (Economic Times)
􀀟 ONGC Videsh buys into Kazakh oilfield (Economic Times)
􀀟 India inks pact for 25% stake in Kazakhstan's Satpayev oil block (Economic Times)
􀀟 Energy-hungry India buys into Kazakh oil block (Economic Times)
􀀟 HPCL to make Prize Petroleum its 100% subsidiary (Economic Times)
􀀟 On energy prowl, India to dig into Kazakh oil treasure (Economic Times)
􀀟 Numaligarh Refinery Ltd to build 100km pipeline from India to Bangladesh for Rs1.5bn
(Economic Times)
Banks
􀀟 WMA cap breached in first week itself (Economic Times)
􀀟 RBI, Sebi likely to crack the whip on FII funds in banks (Economic Times)
􀀟 Consumer durables, banks to gain from India growth (Economic Times)
􀀟 Lending curb hits ICICI's overseas operations (Economic Times)
Pharma
􀀟 Lupin aims to break into top 5 in Japanese market (Economic Times)
􀀟 Indian pharmaceutical industry to reach $20bn by 2015: Assocham (Economic Times)
Commodity
􀀟 POSCO's India project faces further possible delay (Economic Times)
􀀟 Sterlite to double copper-smelting plant in Tuticorin
Consumer
􀀟 Dabur enters hand sanitiser market (Economic Times)
􀀟 Growing use of packaged mineral water set to boost sales in this segment this summer
(Economic Times)
Retail/ Real Estate
􀀟 Soham Group plans to invest Rs10bn in affordable housing (Economic Times)
􀀟 UK's most expensive flat sold in London for 136mn pounds (Economic Times)
􀀟 'FMS biz to grow over 25% annually over the next 3-5 yrs' (Economic Times)
􀀟 Hacker Kuchen to enter in MoU with DB Reality (Economic Times)
IT & Telecom
􀀟 BlackBerry maker: UAE policy would apply to others (Economic Times)
􀀟 Govt mulls giving cellphone location info to VAS providers (Economic Times)
􀀟 4G mobile telephony likely by next year: Industry (Economic Times)
􀀟 Swan Telecom was denied UAS licences for J&K: DoT official (Economic Times)
􀀟 DoT finalises Rs1.5bn penalty demand from old telecos (Economic Times)
􀀟 Etisalat's Cheers Mobile to offer free local calls
Power, engineering & infrastructure
􀀟 Kalam hails India's solar power programme (Economic Times)
􀀟 PowerMin likely to finalise draft Electric Power Survey in May (Economic Times)


􀀟 Jhakhand government scraps free power connection scheme for rural areas (Economic
Times)
􀀟 Near-ready power projects may get full coal supplies for 1 year (Economic Times)
􀀟 NTPC issues Rs26bn global tender for power equipment (Economic Times)
􀀟 IRB Infra bags Rs36bn NHAI project in Gujarat (Economic Times)
􀀟 IL & FS Engineering expects orders worth Rs160bn by 2014 (Economic Times)
􀀟 Schneider, Eaton Corp in race to buy L&T’s Electrical and Electronics business (Economic
Times)
􀀟 L&T looking to sell off Electrical and Electronics business (Economic Times)
Automobiles
􀀟 Automakers to unveil SUVs, luxury sedans & concept cars at Shanghai auto show (Economic
Times)
􀀟 Maruti mulls 7th plant; aims to sell 3mn units by 2015-16 (Economic Times)
􀀟 Aston Martin launches cars in India with price range of Rs13.5 to Rs200mn (Economic Times)
􀀟 Tata Motors says March global sales up 9% (Economic Times)
􀀟 Strike at GM's plant completes one month; loss at 1,500 units (Economic Times)
􀀟 Competition hots up in entry-level sedan segment (Economic Times)

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