02 May 2011

various sectoral updates: Money Control

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AUTOS          
Have signed new licensing agreement with Hero: Honda Motors
TVS Motor Q4 PAT seen up 2.8X at Rs 57 cr

BANKING & FINANCE     
RBI likely to hike rates by 25 bps, banks to follow suit
Bank of Baroda expects to maintain NIMs around 3.6%

CEMENT & CONSTRUCTION      
Pratibha Ind & 2 others win Rs 242 cr pipeline contract
Binani Cement declares dividend at Rs 2.50 per share

CONSUMER DURABLES  
VIP Industries confident of achieving strong topline growth
Seeing some pressure on sale of ACs, says Voltas

ENERGY      
Oil Min, DGH, RIL may discuss KG-D6 output issue on May 2
Niko's NOC to RIL-BP deal conditional: Sources

FMCG
Unilever's Indian arm grew in double digits in Q1 FY11
Dabur expects margins to not slip in future quarters

INFORMATION TECHNOLOGY 
Expect integration with SAIC to be consummated in Q1: Wipro
Asia market to double in revenues in 3 years: Firstsource

PHARMACEUTICALS       
Pfizer partnership to give Biocon strong foothold in Europe
Biocon Q4 net up 25%, divests stake in German unit

REAL ESTATE         
To launch 3 residential projects in 9 months: Phoenix Mills
Where to buy real estate?

TELECOM    
2G scam: Are Ambani and Tata too big for the CBI?
Idea adds 1 m 3G users since March launch

TRANSPORT & LOGISTICS          
Air India strike continues, third day losses sum to Rs 12cr
IndiGo's Rahul Bhatia on his secret recipe for success

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