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India Equity Research Reports, IPO and Stock News
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News headlines: Corporate
Worker unions of adjoining auto and component makers including
Hero Honda, HMSI, Rico, Omaxe and Lumax have threatened
to go on strike in support of the ongoing strike in Maruti's
Manesar plant. (ET)
As per sources, the Group of Ministers on coal has decided to fast
track clearances for eight critical infrastructure projects, including
the ones belonging to Adani, Reliance Power, Aditya Birla
Group and Essar. (BS)
The union environment ministry has asked JSPL to respond to
allegations that it had built the coal washery at Raigarh without
environmental clearances. (ET)
The CBI has registered a case and carried out searches on
premises of former officials of MTNL and HCL Infosystems. (FE)
News headlines: Economic and political
Food inflation for the week ended May 28 jumped to a two-month
high of 9.01%YoY. (BS)
A committee chaired by the Prime Minister has approved the draft
National Manufacturing Policy that seeks to increase the share of
manufacturing in GDP to 25% from the current 16%. (ET)
Following an approval from market regulator SEBI, the BSE has
announced the introduction of 135 additional stocks for trading in
its equity derivatives segment. (BS)
Domestic passenger car sales posted the slowest growth in 24
months in May’11 at 7%YoY. (BL)
In an effort to increase government's non-tax receipts, the finance
ministry has reportedly asked other ministries to review user
charges for the various services provided by them. (ET)
News headlines: Corporate
Sezal Glass has sold its float glass business along with its
Gujarat-based manufacturing unit to Saint-Gobain Glass India
for a consideration of Rs6.86bn. (FE)
CESC Ltd is reportedly planning to set up a 1,320MW thermal
power plant in South Africa with an investment of US$1.3bn. (ET)
SpiceJet will begin regional operations from Tier-II and III cities
like Vijayawada, Tirupati, Mysore, Mangalore, Madurai, Nagpur and
Indore from mid-July using the Bombardier Q400 Next Gen
turboprop aircraft. (BL)
Financial Technology Solutions and 3i Infotech has unveiled
the advanced and upgraded version of its ERP solution, Orion
Enterprise, in Kuwait. (BL)
Bajaj Auto and Kawasaki Heavy Industries are in discussions
to see whether they could extend their partnership model existing
in India and Philippines to other overseas markets. (BL)
As per sources, ONGC has launched an exploration drive for gas
extraction in Tripura to meet the requirement of 726 MW gasbased
thermal power project at Palatana in South Tripura, which is
scheduled to start power generation from December 2012. (BS)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines: Corporate
Worker unions of adjoining auto and component makers including
Hero Honda, HMSI, Rico, Omaxe and Lumax have threatened
to go on strike in support of the ongoing strike in Maruti's
Manesar plant. (ET)
As per sources, the Group of Ministers on coal has decided to fast
track clearances for eight critical infrastructure projects, including
the ones belonging to Adani, Reliance Power, Aditya Birla
Group and Essar. (BS)
The union environment ministry has asked JSPL to respond to
allegations that it had built the coal washery at Raigarh without
environmental clearances. (ET)
The CBI has registered a case and carried out searches on
premises of former officials of MTNL and HCL Infosystems. (FE)
News headlines: Economic and political
Food inflation for the week ended May 28 jumped to a two-month
high of 9.01%YoY. (BS)
A committee chaired by the Prime Minister has approved the draft
National Manufacturing Policy that seeks to increase the share of
manufacturing in GDP to 25% from the current 16%. (ET)
Following an approval from market regulator SEBI, the BSE has
announced the introduction of 135 additional stocks for trading in
its equity derivatives segment. (BS)
Domestic passenger car sales posted the slowest growth in 24
months in May’11 at 7%YoY. (BL)
In an effort to increase government's non-tax receipts, the finance
ministry has reportedly asked other ministries to review user
charges for the various services provided by them. (ET)
News headlines: Corporate
Sezal Glass has sold its float glass business along with its
Gujarat-based manufacturing unit to Saint-Gobain Glass India
for a consideration of Rs6.86bn. (FE)
CESC Ltd is reportedly planning to set up a 1,320MW thermal
power plant in South Africa with an investment of US$1.3bn. (ET)
SpiceJet will begin regional operations from Tier-II and III cities
like Vijayawada, Tirupati, Mysore, Mangalore, Madurai, Nagpur and
Indore from mid-July using the Bombardier Q400 Next Gen
turboprop aircraft. (BL)
Financial Technology Solutions and 3i Infotech has unveiled
the advanced and upgraded version of its ERP solution, Orion
Enterprise, in Kuwait. (BL)
Bajaj Auto and Kawasaki Heavy Industries are in discussions
to see whether they could extend their partnership model existing
in India and Philippines to other overseas markets. (BL)
As per sources, ONGC has launched an exploration drive for gas
extraction in Tripura to meet the requirement of 726 MW gasbased
thermal power project at Palatana in South Tripura, which is
scheduled to start power generation from December 2012. (BS)
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