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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Oil & Gas
GSPC hikes prices of CNG, piped cooking gas (Economic Times)
Cairn to sell 40% stake in Indian arm to Vedanta Resources for $6.8bn (Economic Times)
Govt should not link royalty issue to giving consent: Vedanta (Economic Times)
Govt, RIL in proxy fight over KG-D6 output decline: Bernstein (Economic Times)
RIL confident of increasing output from KG-D6 block, will cautiously analyse data (Economic
Times)
Banks
BoB, Dena Bank, BoI raise base rates, BPLRs by 0.5% each (Economic Times)
Andhra Bank hints at increasing lending rates (Economic Times)
Canara bank revises benchmark PLR by 50bps (Economic Times)
Lenders begin to hike rates; PNB, YES Bank raise base rate & PLR by 50bps (Economic
Times)
Pharma
Ranbaxy, USFDA in settlement talks over $1bn fine: Report (Economic Times)
Strides Arcolab gets USFDA nod for Midazolam injection (Economic Times)
Zenotech employees go on indefinite strike protesting against Ranbaxy's policies (Economic
Times)
Commodity
PMO asks for Vedanta's track record before approving $9.6bn acquisition of Cairn India
(Economic Times)
Avoid blanket ban on mining of iron ore in Bellary: Assocham (Economic Times)
Sesa Goa close to win $1.6bn project in Liberia (Economic Times)
CoalMin to cancel 15 blocks awarded to firms, including NTPC (Economic Times)
Essar becomes first Indian co to supply plates for warships (Economic Times)
Consumer
How Ghari overtook FMCG majors Lux and Surf to be the No 2 detergent brand (Economic
Times)
Jyothy Lab to buy 50.9% stake in Henkel for Rs1.18bn (Economic Times)
Jyothy Laboratories buys Henkel AG stake in India subsidiary for Rs6.17bn (Economic Times)
Jyothy Labs denies is in talks to sell 26% to PE funds (Economic Times)
IT & Telecom
iGate says to close Patni deal in a week, shares up (Economic Times)
IBM to focus on banking, infrastructure sectors in India (Economic Times)
All telecom issues regarding the new telecom policy to be sorted by August: Kapil Sibal
(Economic Times)
Bharti Airtel Q4 profits dips 31% due to market expansion in Africa (Economic Times)
Bharti plans up to $3.1bn capex in FY12 – exec (Economic Times)
Bharti says started talks to acquire 3G license in Madagascar (Economic Times)
Uninor plans rollout in 2 more northern circles, reports operating loss of $235mn in Jan-Mar
Power, engineering & infrastructure
Thermal power cos grope in dark as states cut buys despite shortage (Economic Times)
NTPC among 9 cos set to lose Coal blocks, 15 to forfeit bank guarantees (Economic Times)
Initial bids for Orissa UMPP to be invited by May-end: PowerMin (Economic Times)
L & T can't bid for govt's Rs13bn patrol vessels tender: SC (Economic Times)
Automobiles
Audi India posts 98% rise in April sales (Economic Times)
Amtek Auto to be debt free by 2015 (Economic Times)
Hero may use Honda's current technology for future models (Economic Times)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Oil & Gas
GSPC hikes prices of CNG, piped cooking gas (Economic Times)
Cairn to sell 40% stake in Indian arm to Vedanta Resources for $6.8bn (Economic Times)
Govt should not link royalty issue to giving consent: Vedanta (Economic Times)
Govt, RIL in proxy fight over KG-D6 output decline: Bernstein (Economic Times)
RIL confident of increasing output from KG-D6 block, will cautiously analyse data (Economic
Times)
Banks
BoB, Dena Bank, BoI raise base rates, BPLRs by 0.5% each (Economic Times)
Andhra Bank hints at increasing lending rates (Economic Times)
Canara bank revises benchmark PLR by 50bps (Economic Times)
Lenders begin to hike rates; PNB, YES Bank raise base rate & PLR by 50bps (Economic
Times)
Pharma
Ranbaxy, USFDA in settlement talks over $1bn fine: Report (Economic Times)
Strides Arcolab gets USFDA nod for Midazolam injection (Economic Times)
Zenotech employees go on indefinite strike protesting against Ranbaxy's policies (Economic
Times)
Commodity
PMO asks for Vedanta's track record before approving $9.6bn acquisition of Cairn India
(Economic Times)
Avoid blanket ban on mining of iron ore in Bellary: Assocham (Economic Times)
Sesa Goa close to win $1.6bn project in Liberia (Economic Times)
CoalMin to cancel 15 blocks awarded to firms, including NTPC (Economic Times)
Essar becomes first Indian co to supply plates for warships (Economic Times)
Consumer
How Ghari overtook FMCG majors Lux and Surf to be the No 2 detergent brand (Economic
Times)
Jyothy Lab to buy 50.9% stake in Henkel for Rs1.18bn (Economic Times)
Jyothy Laboratories buys Henkel AG stake in India subsidiary for Rs6.17bn (Economic Times)
Jyothy Labs denies is in talks to sell 26% to PE funds (Economic Times)
IT & Telecom
iGate says to close Patni deal in a week, shares up (Economic Times)
IBM to focus on banking, infrastructure sectors in India (Economic Times)
All telecom issues regarding the new telecom policy to be sorted by August: Kapil Sibal
(Economic Times)
Bharti Airtel Q4 profits dips 31% due to market expansion in Africa (Economic Times)
Bharti plans up to $3.1bn capex in FY12 – exec (Economic Times)
Bharti says started talks to acquire 3G license in Madagascar (Economic Times)
Uninor plans rollout in 2 more northern circles, reports operating loss of $235mn in Jan-Mar
Power, engineering & infrastructure
Thermal power cos grope in dark as states cut buys despite shortage (Economic Times)
NTPC among 9 cos set to lose Coal blocks, 15 to forfeit bank guarantees (Economic Times)
Initial bids for Orissa UMPP to be invited by May-end: PowerMin (Economic Times)
L & T can't bid for govt's Rs13bn patrol vessels tender: SC (Economic Times)
Automobiles
Audi India posts 98% rise in April sales (Economic Times)
Amtek Auto to be debt free by 2015 (Economic Times)
Hero may use Honda's current technology for future models (Economic Times)
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