12 May 2011

May 12, 2011: News headlines:: RBS

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News headlines
\\Automobiles
􀀟 Hyundai Motor India unveils a new version of its Verna sedan (Economic Times)
􀀟 Renault's Fluence totally stands out amongst its competitors (Economic Times)
􀀟 Hyundai India to launch new models across segments (Economic Times)
􀀟 Hyundai Motor launches new version of 'Verna' (Economic Times)
􀀟 Volvo and Srei BNP Paribas form India alliance, JV on cards (Economic Times)
􀀟 BMW to drive in 1Series hatchback and Mini compact in two years (Economic Times)
􀀟 Honda banks on capacity expansion of two wheelers to reduce customer waiting period
(Business Standard)

Oil & Gas
􀀟 Steel makers oppose cut in gas supplies from KG-D6 fields (Economic Times)
􀀟 Cairn Energy may extend Vedanta sale deadline again (Economic Times)
􀀟 Decision on Cairn-Vedanta deal delayed by a week (Economic Times)
Banks
􀀟 ICICI Bank, Lanka's Sampath Bank launch fund transfer service (Economic Times)
􀀟 HDFC Bank may raise lending rates by up to 55bps (Economic Times)
􀀟 SBI to introduce green-channel banking at more branches (Economic Times)
􀀟 SBI lifts deposit and lending rate 75bp to 14%; demand for homes, cars to fall (Economic
Times)
􀀟 Indian Bank plans to raise US$1bn in FY12: Source (Economic Times)
􀀟 IDBI plans to raise US$225m from overseas (Economic Times)
Pharma
􀀟 Allergan launches 'Juvederm XC' in India (Economic Times)
􀀟 Venus Remedies to launch drug for arthritis (Economic Times)
Commodity
􀀟 TA Associates acquires 15% stake in Tega Industries for US$40m (Economic Times)
􀀟 RINL to seek government nod to restructure capital (Economic Times)
􀀟 Fitch assigns 'AA' rating to VAL's Rs100bn finance facility (Economic Times)
􀀟 Hindalco gets green nod for Orissa alumina refinery (Business Standard)
Consumer
􀀟 Contempt notice to Rajnigandha maker for using plastic pouches (Economic Times)
􀀟 Jyothy Labs' big test (Business Line)
Retail/ Real Estate
􀀟 Three lending firms eye Hindustan Unilever's former headquarters (Economic Times)
􀀟 17 Commonwealth Games flats to be razed (Economic Times)
􀀟 Essar's realty arm to invest Rs40bn in residential projects (Business Standard)
IT & Telecom
􀀟 Tera Software gets Rs627m orders from UIDAI, ECIL (Economic Times)
􀀟 Wipro acquires majority stake in Brazil-based manufacturer (Economic Times)
􀀟 Bidding process for equipment buy in key sectors to be recast (Economic Times)
􀀟 DoT to issue notices to RCom, TTSL for missing roll-outs (Economic Times)
􀀟 MTS slashes call rates for US, Canada and UK to Rs3.99/min (Economic Times)
􀀟 Tata Communications sets up international headquarters in Singapore (Economic Times)
Power, engineering & infrastructure
􀀟 Secured fuel linkage holds the key to NTPC's steady future performance (Economic Times)
􀀟 Two Adani group companies challenge imposition of MAT on SEZs (Economic Times)
􀀟 New parking lot rule to help Brihanmumbai Municipal Corporation earn millions (Economic
Times)

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