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News headlines
Power, Engineering & Infrastructure
PSPCL buys power at lowest rate ever for supply this summer (Economic Times)
US keen to explore solar energy options in Punjab (Economic Times)
Crompton Greaves acquires Sweden-based firm Emotron Group for Rs 3700mn (Economic
Times)
BHEL tests India's first 600 MW turbo generator (Business Line)
Philips mulls setting up automotive lighting solutions unit in India (Business Line)
L&T sees margins hit by competition, costs (Economic Times)
L&T not to sell electrical business (Business Line)
Automobiles
Ashok Leyland to invest Rs 10bn on operations (Economic Times)
Ashok Leyland gears itself for construction vehicle launch (Business Line)
Volkswagen's Vento overtakes Honda's City in mid-size segment (Economic Times)
Ashok Leyland plans 2.5% price hike (Business Line)
Michelin to hire 1,250 more for Chennai facility (Business Line)
Oil & Gas
Oil PSUs to share Rs 60bn subsidy burden equitably (Economic Times)
Oil ministry orders Reliance gas for core users (Economic Times)
PM Singh to dedicate Bina refinery to nation tomorrow (Economic Times)
Gammell extends deadline for Cairn-Vedanta deal (Economic Times)
Quippo expects to promote oil and gas exploration this financial year (Business Standard)
Petrol, diesel prices to be raised again to cover dealers' margins (Business Standard)
Banks
ICICI Bank to raise $750 mn-$1bn via MTNs (Business Standard)
S&P assigns 'BBB-' to bond programme of ICICI Bank (Business Standard)
HSBC says losing money in China, India retail banking (Economic Times)
Corporation Bank to soon operate in Africa (Economic Times)
Reliance Money Express ties up with Muthoottu Mini (Economic Times)
Pharma
Betapharm to pressure profitability for 3 yrs: Dr Reddy's (Economic Times)
Commodity
Ambuja Cements seeks more time for AP unit (Business Standard)
20 people arrested for obstructing POSCO work (Economic Times)
Creativity of employees earns rich dividends for RSP (Economic Times)
Indian cos keen on Afghan iron ore mining discuss security issues (Business Line)
Consumer
DMA Yellow wins repackaging deal for Unilever's Rin (Economic Times)
India market for high-end food items to double in 5 yrs: Symrise (Economic Times)
Promoters of Gagan vanaspati exploring options to offload stakes (Economic Times)
Retail/ Real Estate
Real estate gets highest investment in Haryana. (Economic Times)
India poised for $5 billion wave of PE exits from real estate: Nomura. (Economic Times)
IT & Telecom
Vakrangee gets UID enrolment order from UBI; targets 15bn. (Economic Times)
BSNL announces special plans for paramilitary personnel (Economic Times)
BSNL, MTNL synergy as per Trai norms: Upadhyay (Economic Times)
Bharti Airtel puts proposed $1 bn global bond sale on hold (Economic Times)
9 million users connect to 3G in 4 months (Business Line)
Telenor wants Chandra out of board too (Business Standard)
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines
Power, Engineering & Infrastructure
PSPCL buys power at lowest rate ever for supply this summer (Economic Times)
US keen to explore solar energy options in Punjab (Economic Times)
Crompton Greaves acquires Sweden-based firm Emotron Group for Rs 3700mn (Economic
Times)
BHEL tests India's first 600 MW turbo generator (Business Line)
Philips mulls setting up automotive lighting solutions unit in India (Business Line)
L&T sees margins hit by competition, costs (Economic Times)
L&T not to sell electrical business (Business Line)
Automobiles
Ashok Leyland to invest Rs 10bn on operations (Economic Times)
Ashok Leyland gears itself for construction vehicle launch (Business Line)
Volkswagen's Vento overtakes Honda's City in mid-size segment (Economic Times)
Ashok Leyland plans 2.5% price hike (Business Line)
Michelin to hire 1,250 more for Chennai facility (Business Line)
Oil & Gas
Oil PSUs to share Rs 60bn subsidy burden equitably (Economic Times)
Oil ministry orders Reliance gas for core users (Economic Times)
PM Singh to dedicate Bina refinery to nation tomorrow (Economic Times)
Gammell extends deadline for Cairn-Vedanta deal (Economic Times)
Quippo expects to promote oil and gas exploration this financial year (Business Standard)
Petrol, diesel prices to be raised again to cover dealers' margins (Business Standard)
Banks
ICICI Bank to raise $750 mn-$1bn via MTNs (Business Standard)
S&P assigns 'BBB-' to bond programme of ICICI Bank (Business Standard)
HSBC says losing money in China, India retail banking (Economic Times)
Corporation Bank to soon operate in Africa (Economic Times)
Reliance Money Express ties up with Muthoottu Mini (Economic Times)
Pharma
Betapharm to pressure profitability for 3 yrs: Dr Reddy's (Economic Times)
Commodity
Ambuja Cements seeks more time for AP unit (Business Standard)
20 people arrested for obstructing POSCO work (Economic Times)
Creativity of employees earns rich dividends for RSP (Economic Times)
Indian cos keen on Afghan iron ore mining discuss security issues (Business Line)
Consumer
DMA Yellow wins repackaging deal for Unilever's Rin (Economic Times)
India market for high-end food items to double in 5 yrs: Symrise (Economic Times)
Promoters of Gagan vanaspati exploring options to offload stakes (Economic Times)
Retail/ Real Estate
Real estate gets highest investment in Haryana. (Economic Times)
India poised for $5 billion wave of PE exits from real estate: Nomura. (Economic Times)
IT & Telecom
Vakrangee gets UID enrolment order from UBI; targets 15bn. (Economic Times)
BSNL announces special plans for paramilitary personnel (Economic Times)
BSNL, MTNL synergy as per Trai norms: Upadhyay (Economic Times)
Bharti Airtel puts proposed $1 bn global bond sale on hold (Economic Times)
9 million users connect to 3G in 4 months (Business Line)
Telenor wants Chandra out of board too (Business Standard)
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