22 June 2011

News headlines:: RBS, June 22, 2011

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News headlines
Oil & Gas  
GAIL  to study potential for two power plants in Uttarakhand (Economic Times)
Fuel leakage in Gulf of Kutch after pipeline rupture (Economic Times)
Contracts like Reliance's KG-D6 are designed to benefit private players: Chawla Committee
(Economic Times)
ONGC hunt for foreign expertise in India block down to two (Economic Times)
GAIL India to expand in city gas distribution (Business Standard)
Banks
SBI says rates hurt, cuts loan growth target by 6% (Economic Times)
SBI credit growth may be 16-19% this fiscal: Chaudhuri (Economic Times)
Pharma
Wockhardt gets USFDA nod for anti-bacterial tablets (Business Standard)
USFDA approves generic Levofloxacin; Indian firms to benefit (Live Mint)
Commodity
Indonesian law to upset coal price equation (Economic Times)
PSU steelmakers agree to monthly price setting of coal by BHP Billiton (Business Line)
Dart Energy may start drilling in 2 coal bed methane blocks in Nov (Business Line)
Consumer
P&G's royalty rise in India irks investors (Economic Times)
Godrej Consumer Products expects Rs10bn sales in Africa in next two years (Economic
Times)
Retail/ Real Estate
Builders fail to meet deadlines as home buyers pile up pressure (Economic Times)
IT & Telecom
Eye on talent, Wipro rolls out promotion offer for mid-level managers (Economic Times)
TCS, Infosys, HCL vie for UK-based Misys' banking arm (Economic Times)
Global enterprise software rev to grow to $288 bn by 2012: Gartner (Economic Times)
Over 31,000 employees left TCS in FY11 (Business Standard)
Power, engineering & infrastructure
KEC International bags Rs10.44 bn orders (Economic Times)
Siemens wins Rs1.24bn order from Indiabulls Infra (Economic Times)
Larsen & Toubro bags Rs13.66bn orders in Gulf  (Economic Times)
Automobiles  
Tata to challenge Bill scrapping Singur deal (Economic Times)
No Renault car with Bajaj tie-up till '12 (Business Standard)
Renault to take on Swift, i20 with new hatchback (Business Line)

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