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News headlines
Automobiles
BMW to expand base in emerging markets, hire 2,000 people (Economic Times)
Lohia Auto to foray into three-wheeler market in 6 months with diesel and CNG models
(Economic Times)
Commercial passenger vehicles with alternative fuels soon: Mahindra & Mahindra
(Economic Times)
GM India may produce electric mini-car at Talegaon after showcasing the model next
month (Economic Times)
Bajaj raises stake in Austrian bike maker (Business Standard)
M&M will sell bus chassis later this year (Business Standard)
Oil & Gas
State-run oil marketing companies to get Rs200bn as compensation (Economic Times)
BPCL Kochi plant diesel unit full ops by May 15: Co Source (Economic Times)
MRPL sells May low-density fuel oil at steady premium (Economic Times)
Indian Oil losing fuel retail market share to HPCL, BPCL, sales decline more than 0.5mn
tonne in 2010-11 (Economic Times)
KG-D6 Gas: No relief for steel firms from supply cuts (Economic Times)
Banks
RBI panel to interview 7 RBI executive directors for deputy governor Post (Economic
Times)
HSBC plans to focus on India and China: Stuart Gulliver, CEO, HSBC (Economic Times)
HSBC says profit from India to cross $1bn mark in 3 years (Economic Times)
Pawar cooperative bank flouted RBI norms, finds NABARD (Economic Times)
Axis Bank buys 4% stake in Max New York Life for Rs720mn (Economic Times)
Pharma
Wockhardt in talks with MNCs to license nutrition brand (Economic Times)
Ranbaxy Laboratories to supply low-cost version of Nexium by 2011-end (Economic
Times)
Commodity
Adani Group to invest $10-12bn over next 4-5 years (Economic Times)
Monnet Ispat earmarks Rs5bn for acquisitions of mines abroad (Economic Times)
Slowdown at Alang yard pushes up scrap steel price (Economic Times)
Consumer
Jubilant Foodworks to launch Domino's in Sri Lanka next month (Economic Times)
Wipro keen to sell diaper, vanaspati brands (Business Standard)
IT & Telecom
IGate completes acquisition of Patni Computers (Economic Times)
Value of pirated software nearly $59bn: Study (Economic Times)
Only GoM can resolve spectrum row: Kapil Sibal (Economic Times)
Uninor launches health application with handygo (Economic Times)
Bharti Airtel names new logo as Wave (Economic Times)
Reliance Communications gets Rs17.8bn as second tranche from China Development
Bank (Economic Times)
Power, engineering & infrastructure
Renewables could meet global energy needs by 2050: Report (Economic Times)
Wipro's arm buys majority stake in Brazil-based hydraulic cylinders manufacturer RKM
Equipamentos Hidraulicos (Economic Times)
Cut in KG gas supply derails GVK Power’s expansion plans (Economic Times)
Coal shortage prompts change in power plant design (Business Line)
Tata Power set to raise Rs15bn via perpetual bonds (Business Standard)
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines
Automobiles
BMW to expand base in emerging markets, hire 2,000 people (Economic Times)
Lohia Auto to foray into three-wheeler market in 6 months with diesel and CNG models
(Economic Times)
Commercial passenger vehicles with alternative fuels soon: Mahindra & Mahindra
(Economic Times)
GM India may produce electric mini-car at Talegaon after showcasing the model next
month (Economic Times)
Bajaj raises stake in Austrian bike maker (Business Standard)
M&M will sell bus chassis later this year (Business Standard)
Oil & Gas
State-run oil marketing companies to get Rs200bn as compensation (Economic Times)
BPCL Kochi plant diesel unit full ops by May 15: Co Source (Economic Times)
MRPL sells May low-density fuel oil at steady premium (Economic Times)
Indian Oil losing fuel retail market share to HPCL, BPCL, sales decline more than 0.5mn
tonne in 2010-11 (Economic Times)
KG-D6 Gas: No relief for steel firms from supply cuts (Economic Times)
Banks
RBI panel to interview 7 RBI executive directors for deputy governor Post (Economic
Times)
HSBC plans to focus on India and China: Stuart Gulliver, CEO, HSBC (Economic Times)
HSBC says profit from India to cross $1bn mark in 3 years (Economic Times)
Pawar cooperative bank flouted RBI norms, finds NABARD (Economic Times)
Axis Bank buys 4% stake in Max New York Life for Rs720mn (Economic Times)
Pharma
Wockhardt in talks with MNCs to license nutrition brand (Economic Times)
Ranbaxy Laboratories to supply low-cost version of Nexium by 2011-end (Economic
Times)
Commodity
Adani Group to invest $10-12bn over next 4-5 years (Economic Times)
Monnet Ispat earmarks Rs5bn for acquisitions of mines abroad (Economic Times)
Slowdown at Alang yard pushes up scrap steel price (Economic Times)
Consumer
Jubilant Foodworks to launch Domino's in Sri Lanka next month (Economic Times)
Wipro keen to sell diaper, vanaspati brands (Business Standard)
IT & Telecom
IGate completes acquisition of Patni Computers (Economic Times)
Value of pirated software nearly $59bn: Study (Economic Times)
Only GoM can resolve spectrum row: Kapil Sibal (Economic Times)
Uninor launches health application with handygo (Economic Times)
Bharti Airtel names new logo as Wave (Economic Times)
Reliance Communications gets Rs17.8bn as second tranche from China Development
Bank (Economic Times)
Power, engineering & infrastructure
Renewables could meet global energy needs by 2050: Report (Economic Times)
Wipro's arm buys majority stake in Brazil-based hydraulic cylinders manufacturer RKM
Equipamentos Hidraulicos (Economic Times)
Cut in KG gas supply derails GVK Power’s expansion plans (Economic Times)
Coal shortage prompts change in power plant design (Business Line)
Tata Power set to raise Rs15bn via perpetual bonds (Business Standard)
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