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India Equity Research Reports, IPO and Stock News
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News headlines: Corporate
K V Kamath (ex-CEO ICICI Bank) has been appointed as the new
Chairman of the Infosys Board replacing Narayan Murthy. (BS)
Bharti is planning to raise up to US$1bn through a global bond
issue to retire its costly Africa debt and fund expansions there.
(ET)
News headlines: Economic and political
M&A deals currently at the discussion stage could come under the
Competition Commission's scanner unless they meet all initial term
sheet conditions as on 31-May-2011. (ET)
The Supreme Court has directed 19 mining lease holders in
Bellary-Hospet region of Karnataka to stop mining and transporting
extracted ores out of the state. (BL)
The RBI has stated that the government will sell Rs80bn of 91-day
treasury bills on 4-May. (ET)
\ India and Mauritius have agreed on convening a meeting of joint
working group to re-negotiate 28 year old Double Taxation
Avoidance Agreement treaty. (ET)
In a bid to revive the semiconductor programme in the country,
the government has proposed to set up two wafers manufacturing
facilities with a total investment of Rs500bn. (FE)
Domestic natural gas production declined for the fourth straight
months in Mar-11, down 10.6% YoY. (BL)
The government is planning to extend the retirement age of all
central government employees by two years to 62 years. (BL)
News headlines: Corporate
Tata Motors reported a 13% YoY rise in sales volumes to 64,383
units in Apr-11. (ET)
Hero Honda will pay Honda about Rs24.5bn till 2014 as part of
new licensing agreement. (ET)
SAIL plans to set up a 4mtpa pellet plant in Jharkhand at a total
outlay of Rs7.8bn. (BL)
A US court will decide next week if Ranbaxy can launch its low
priced version of Lipitor in the American market in Nov-11. (ET)
SAIL's 4QFY11 net earnings declined 28% YoY to Rs15.1bn. (ET)
Idea has approached TDSAT against a DoT notice to cancel its
license in Punjab for violating M&A norms. (ET)
Holcim Group has acquired 0.8% stake in ACC through open
market. (ET)
Sun Pharma promoter, Dilip Sanghvi is reportedly looking to
looking to set up a 1,000 MW power plant. (ET)
Adani group’s real estate arm, Adani Realty is planning to
develop a 616 acre integrated township in Ahmedabad at a cost of
Rs50bn. (BL)
Tata Motors is planning to launch a Nano model that will run 40
km on a litre of diesel. (BS)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines: Corporate
K V Kamath (ex-CEO ICICI Bank) has been appointed as the new
Chairman of the Infosys Board replacing Narayan Murthy. (BS)
Bharti is planning to raise up to US$1bn through a global bond
issue to retire its costly Africa debt and fund expansions there.
(ET)
News headlines: Economic and political
M&A deals currently at the discussion stage could come under the
Competition Commission's scanner unless they meet all initial term
sheet conditions as on 31-May-2011. (ET)
The Supreme Court has directed 19 mining lease holders in
Bellary-Hospet region of Karnataka to stop mining and transporting
extracted ores out of the state. (BL)
The RBI has stated that the government will sell Rs80bn of 91-day
treasury bills on 4-May. (ET)
\ India and Mauritius have agreed on convening a meeting of joint
working group to re-negotiate 28 year old Double Taxation
Avoidance Agreement treaty. (ET)
In a bid to revive the semiconductor programme in the country,
the government has proposed to set up two wafers manufacturing
facilities with a total investment of Rs500bn. (FE)
Domestic natural gas production declined for the fourth straight
months in Mar-11, down 10.6% YoY. (BL)
The government is planning to extend the retirement age of all
central government employees by two years to 62 years. (BL)
News headlines: Corporate
Tata Motors reported a 13% YoY rise in sales volumes to 64,383
units in Apr-11. (ET)
Hero Honda will pay Honda about Rs24.5bn till 2014 as part of
new licensing agreement. (ET)
SAIL plans to set up a 4mtpa pellet plant in Jharkhand at a total
outlay of Rs7.8bn. (BL)
A US court will decide next week if Ranbaxy can launch its low
priced version of Lipitor in the American market in Nov-11. (ET)
SAIL's 4QFY11 net earnings declined 28% YoY to Rs15.1bn. (ET)
Idea has approached TDSAT against a DoT notice to cancel its
license in Punjab for violating M&A norms. (ET)
Holcim Group has acquired 0.8% stake in ACC through open
market. (ET)
Sun Pharma promoter, Dilip Sanghvi is reportedly looking to
looking to set up a 1,000 MW power plant. (ET)
Adani group’s real estate arm, Adani Realty is planning to
develop a 616 acre integrated township in Ahmedabad at a cost of
Rs50bn. (BL)
Tata Motors is planning to launch a Nano model that will run 40
km on a litre of diesel. (BS)
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