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News headlines
Automobiles
April car sales up 13% yoy, slowest in nearly 2 yrs (Economic Times)
Domestic car sales up 13%, bikes 23% in April (Economic Times)
Smart selling helps Nano post big numbers (Economic Times)
Fitch assigns speculative grade ratings to JLR, Tata Motors (Economic Times)
Tata Motors starts sending Nano to overseas markets (Economic Times)
Mercedes, BMW, Audi, Land Rover, Renault to raise prices by up to Rs1mn (Economic
Times)
Oil & Gas
Reliance Industries cuts natural gas supplies to non-core users (Economic Times)
Welspun bags line pipe orders worth Rs7.88bn (Economic Times)
OVL's financial powers may get 10-fold boost (Economic Times)
Cairn Energy CEO Bill Gammell wants to meet GoM on company's dispute with ONGC over
royalty (Economic Times)
Banks
JPMorgan to hire more I-bankers to match Morgan Stanley, Citigroup (Economic Times)
Monetary Authority of Singapore relaxes AMR for Indian Bank (Economic Times)
YES Bank hikes interest rates on term deposits (Economic Times)
Development Credit Bank ups base rate, BPLR by 0.5% (Economic Times)
Black money: Legitimise it by paying 15% tax, park it in India (Economic Times)
Kotak Mahindra raises base rate, BPLR by 50bps (Economic Times)
Pharma
Piramal Healthcare’s new forays will take a while to turn successful (Economic Times)
Dr Reddy's joins race for Doktor Mom (Business Standard)
Commodity
Proposed 5% duty on coal to impact power tariff: Assocham (Economic Times)
SAIL plans Rs10bn capacity expansion plan for subsidiary MEL (Economic Times)
Consumer
HUL to demerge its exports biz into separate entity (Economic Times)
Jyothy offers to buy 20% more in Henkel India at Rs 41.2/share (Economic Times)
Parry enters OTC mkt with two protein drinks (Business Standard)
IT & Telecom
Oracle may exit software services business as part of plans to divest non-core assets
(Economic Times)
UIDAI launches 'Aadhaar' project in Orissa (Economic Times)
DoT to invite bids for National Wireless Broadband in June (Economic Times)
Uninor favours European commission model for IUC (Economic Times)
MTNL launches push-mail services in pact with Bharat Berry (Economic Times)
DoT to allocate landline number for pesky callers, relief soon (Economic Times)
Vodafone Essar expresses concern over review of IUC by TRAI (Economic Times)
Tata Communications to rejig broadband business (Economic Times)
Power, engineering & infrastructure
Thermax's future lies in leveraging foreign acquisitions (Economic Times)
Adani Power to add a maximum of 4,000 MW in FY12: CFO (Economic Times)
Fuel hikes set to inflate your electricity bills (Economic Times)
Power Finance Corporation's Rs47bn FPO opens today (Economic Times)
GVK Power and Infra to bid for 25 road projects in FY12 (Economic Times)
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines
Automobiles
April car sales up 13% yoy, slowest in nearly 2 yrs (Economic Times)
Domestic car sales up 13%, bikes 23% in April (Economic Times)
Smart selling helps Nano post big numbers (Economic Times)
Fitch assigns speculative grade ratings to JLR, Tata Motors (Economic Times)
Tata Motors starts sending Nano to overseas markets (Economic Times)
Mercedes, BMW, Audi, Land Rover, Renault to raise prices by up to Rs1mn (Economic
Times)
Oil & Gas
Reliance Industries cuts natural gas supplies to non-core users (Economic Times)
Welspun bags line pipe orders worth Rs7.88bn (Economic Times)
OVL's financial powers may get 10-fold boost (Economic Times)
Cairn Energy CEO Bill Gammell wants to meet GoM on company's dispute with ONGC over
royalty (Economic Times)
Banks
JPMorgan to hire more I-bankers to match Morgan Stanley, Citigroup (Economic Times)
Monetary Authority of Singapore relaxes AMR for Indian Bank (Economic Times)
YES Bank hikes interest rates on term deposits (Economic Times)
Development Credit Bank ups base rate, BPLR by 0.5% (Economic Times)
Black money: Legitimise it by paying 15% tax, park it in India (Economic Times)
Kotak Mahindra raises base rate, BPLR by 50bps (Economic Times)
Pharma
Piramal Healthcare’s new forays will take a while to turn successful (Economic Times)
Dr Reddy's joins race for Doktor Mom (Business Standard)
Commodity
Proposed 5% duty on coal to impact power tariff: Assocham (Economic Times)
SAIL plans Rs10bn capacity expansion plan for subsidiary MEL (Economic Times)
Consumer
HUL to demerge its exports biz into separate entity (Economic Times)
Jyothy offers to buy 20% more in Henkel India at Rs 41.2/share (Economic Times)
Parry enters OTC mkt with two protein drinks (Business Standard)
IT & Telecom
Oracle may exit software services business as part of plans to divest non-core assets
(Economic Times)
UIDAI launches 'Aadhaar' project in Orissa (Economic Times)
DoT to invite bids for National Wireless Broadband in June (Economic Times)
Uninor favours European commission model for IUC (Economic Times)
MTNL launches push-mail services in pact with Bharat Berry (Economic Times)
DoT to allocate landline number for pesky callers, relief soon (Economic Times)
Vodafone Essar expresses concern over review of IUC by TRAI (Economic Times)
Tata Communications to rejig broadband business (Economic Times)
Power, engineering & infrastructure
Thermax's future lies in leveraging foreign acquisitions (Economic Times)
Adani Power to add a maximum of 4,000 MW in FY12: CFO (Economic Times)
Fuel hikes set to inflate your electricity bills (Economic Times)
Power Finance Corporation's Rs47bn FPO opens today (Economic Times)
GVK Power and Infra to bid for 25 road projects in FY12 (Economic Times)
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