18 May 2011

May 18, 2011: Economic and Political News 􀂄 Angel Broking

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Economic and Political News
􀂄 Finance Ministry favours raising open offer trigger to 25%
􀂄 Finance Ministry mulls service tax on railway freight
􀂄 Cross-border bank guarantees, LCs under Finance Ministry’s scanner

Corporate News
􀂄 Power Ministry wants Coal India to stop e-auction
􀂄 JSW Steel to raise `10,600cr for Bengal steel plant
􀂄 Dr Reddy’s Labs gets rights to sell, distribute Deflux in India
􀂄 Lavassa could gain from MoEF notification on green ratings
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

Events for the day
Bajaj Auto Results
Bajaj Holdings Results
D B Corp Results
Orchid Chem Results
Saint Gobain Results

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