07 June 2011

News headlines:: RBS, 6 July, 2011

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News headlines


Automobiles
􀀟 Hero Motors finalises export strategy for overseas mkts after Honda split. (Economic Times)
􀀟 Maruti to roll out DZire from its Gurgaon plant. (Economic Times)
􀀟 Escorts has no immediate plans to list verticals: Jt. MD. (Economic Times)
􀀟 Ashok Leyland June sales down 4.6% Y-o-Y. (Economic Times)



Oil & Gas
􀀟 ONGC to relinquish one CBM block, go for product sharing in four. (Economic Times)
􀀟 Petroleum dealers urges govt to reduce diesel cess. (Economic Times)
􀀟 Mukesh Ambani planning to sell RGTIL biz, says report. (Economic Times)
􀀟 HPCL to seek extra crude from Saudi in Aug: Source. (Economic Times)
􀀟 ONGC set to start production from KG basin by month end. (Economic Times)
􀀟 BP to aid Reliance Industries in oil and gas hunt at KG-D6 fields. (Economic Times)
􀀟 India trying to ensure constant crude supply from Iran: Jaipal Reddy. (Economic Times)
􀀟 How the cabinet reshuffle has cost Reliance Industries dear. (Economic Times)
􀀟 Petroleum ministry to cap LPG cylinder sale. (Business Standard)
Banks
􀀟 Govt macro data not reliable, says RBI. (Economic Times)
􀀟 Banks get time till Jan'12 to cut liquid MF exposure. (Economic Times)
􀀟 It is for Indian govt to defend our retail banking licence: UBS. (Economic Times)
􀀟 Stable retail deposit base good for banks' creditworthiness: S&P. (Economic Times)
Pharma
􀀟 Antibiotic dosing guidelines to help counteract superbugs. (Economic Times)
Commodity
􀀟 Century Textiles to complete cement expansion by March 2013. (Economic Times)
􀀟 Varun Group discovers rare earth, minerals in Madagascar. (Economic Times)
􀀟 Mines ministry wants miners to share 26% of royalty with locals. (Economic Times)
􀀟 Coal employee unions threaten three-day strike from Aug 8. (Economic Times)
􀀟 ICVL seen scouring Australia for mines. (Economic Times)
􀀟 Work at Orissa Posco site resumes after 10 days. (Economic Times)
Consumer
􀀟 Jubilant Foodworks valued almost at par with Domino's Pizza Inc. (Economic Times)
Retail/ Real Estate
􀀟 Government’s orders: Pay only for carpet area, not super built-up. (Economic Times)
􀀟 Not many takers for Birla headquarters. (Economic Times)
􀀟 Tata Housing steps into Maldives. (Business line)
IT & Telecom
􀀟 Qatar's software spending to grow by $255 bn this year. (Economic Times)
􀀟 Telecom panel meet remains inconclusive. (Economic Times)
􀀟 Idea gets relief from paying Rs2.5bn penalty. (Economic Times)
􀀟 Idea faces Rs 500 mn fine by DoT for hiding data in a circle. (Economic Times)
Power, engineering & infrastructure
􀀟 After fuels, power tariffs likely to go up. (Economic Times)
􀀟 1000 MW Karcham Wangtoo hydro electric project to be commissioned in Himachal Pradesh.
(Economic Times)

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