02 May 2011

May 2, 2011:: News headlines :: RBS

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News headlines
Oil & Gas
􀀟 DGH to question Reliance on falling KG output (Economic Times)
􀀟 Oil firms hike jet fuel price by Rs156-237 per kilolitre (Economic Times)
􀀟 Imposing conditions could kill Cairn-Vedanta deal warns Cairn Energy: Report (Economic
Times)
􀀟 Oil PSUs to lose over Rs1800bn on fuel sales this fiscal (Economic Times)
􀀟 TAPI gas deal likely to materialise by July 31 (Economic Times)

Banks
􀀟 Rich clients allege foul play by Standard Chartered (Economic Times)
􀀟 Robust lending lifts banks' Q4 earnings (Economic Times)
Pharma
􀀟 Dabur India eyes Ajanta Pharma's 30-Plus brand (Economic Times)
􀀟 Ranbaxy's Lipitor copy fate next week (Economic Times)
􀀟 Domestic drug makers set to invoke compulsory licensing route by June (Business Standard)
Commodity
􀀟 ICVL close to buying stake in MEC Coal (Economic Times)
􀀟 Posco matter in Orissa government's court: Jairam Ramesh (Economic Times)
􀀟 LN Mittal in talks to acquire stake in Petron Engineering's parent (Economic Times)
Consumer
􀀟 Future Group inks co-branding deal with Marvel for handwash (Economic Times)
􀀟 Amul hikes milk prices by Rs 2/litre (Economic Times)
Retail/ Real Estate
􀀟 I-T Department purchases real estate worth Rs25bn in a year (Economic Times)
􀀟 Mafatlal's Byculla plot goes for Rs7.5bn (Economic Times)
IT & Telecom
􀀟 MTNL to list Mauritius arm soon (Economic Times)
􀀟 Bharti Airtel plans to raise $1bn via bonds (Economic Times)
􀀟 Fresh guidelines for telecom operators after Idea fiasco (Economic Times)
􀀟 Plan panel to suggest pricing formula for spectrum allocation (Economic Times)
􀀟 Foreign role in telecom networks under lens (Economic Times)
􀀟 Fitch revises Bharti Airtel's outlook to negative (Economic Times)
Power, engineering & infrastructure
􀀟 Dearer coal to impact returns of new power plants: ICRA (Economic Times)
􀀟 GE to introduce 660 and 800 MW steam turbines in India (Economic Times)
􀀟 DVC to raise Rs71bn to fund expansion (Economic Times)
􀀟 RAK Ceramics to invest Rs5bn in Gujarat, eyes IPO next yr (Economic Times)
􀀟 Cummins plans to invest Rs5bn in FY12; to set up new unit (Economic Times)
Automobiles
􀀟 Tata Motors, TVS, Yamaha report growth in sales (Economic Times)
􀀟 Tata Nano drives passenger vehicle sales for Tata Motors (Economic Times)

􀀟 GM India production loss due to strike estimated at 2500 units (Economic Times)
􀀟 TVS Motors reports 14% overall growth sales for April (Economic Times)
􀀟 Hero Honda hires Law & Kenneth to market new identity (Business Standard)

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