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News headlines
Oil & Gas
India's IOC to shut Mathura plant, Koyali units in Sept (Economic Times)
Reliance Gas' KG-D6 block output dips below 45 mmscmd/day (Economic Times)
BPCL eyes Maharashtra, Karnataka for LNG unit (Business Standard)
OMCs' borrowings cross Rs1tn as they wait for subsidy (Business Standard)
IOC to import LNG as domestic output falls (Business Line)
Banks
RBI closer to allowing companies to set up banks (Economic Times)
Government 'committed' to SBI rights issue: Pratip Chaudhuri (Economic Times)
RBI's new bank licensing norms: Corporates will need a minimum capital of Rs5bn to open a
bank (Economic Times)
New generation banks build 14% market share in deposits & loans (Economic Times)
IDFC to raise at least Rs1bn via bonds (Economic Times)
Corporates welcome RBI's draft norms on banking licences (Business Standard)
PFC to restart process for award of UMPPs in Orissa, Tamil Nadu (Live Mint)
Pharma
Most pharma companies likely to see a mixed show in September quarter (Economic Times)
Commodity
Coal India gearing up for Rs420bn investment (Economic Times)
CIL could not fulfil NTPC, NALCO Q1 supply contracts (Economic Times)
CIL strives 5% increase in production in FY'12: Jaiswal (Economic Times)
Aussie coal prices soften after cut in steel production, higher coal buys by large purchasers
from Mongolia (Economic Times)
Finished steel imports at Rs264bn: Steel Minister Beni Prasad Verma (Economic Times)
Duty on iron ore exports may be raised further (Business Line)
Retail/ Real Estate
Prices of new residential property could fall 10-15% by Diwali (Economic Times)
Widening demand and supply gap hits home projects, says PropEquity (Economic Times)
IT & Telecom
DoT to push Cabinet for hiving off surplus VSNL land (Business Standard)
Power, engineering & infrastructure
R-Power seeks shareholders nod to raise funds (Business Standard)
Reliance Power plans to invest Rs80bn to set up 500 MW solar power projects in Rajasthan
(Economic Times)
GVK Power & Infra may raise debt to fund Australia’s Hancock buy (Economic Times)
Tata BP Solar commissions 1-MW solar power plant in Orissa (Economic Times)
Automobiles
Maruti Suzuki workers locked out over 'sabotage' (Economic Times)
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines
Oil & Gas
India's IOC to shut Mathura plant, Koyali units in Sept (Economic Times)
Reliance Gas' KG-D6 block output dips below 45 mmscmd/day (Economic Times)
BPCL eyes Maharashtra, Karnataka for LNG unit (Business Standard)
OMCs' borrowings cross Rs1tn as they wait for subsidy (Business Standard)
IOC to import LNG as domestic output falls (Business Line)
Banks
RBI closer to allowing companies to set up banks (Economic Times)
Government 'committed' to SBI rights issue: Pratip Chaudhuri (Economic Times)
RBI's new bank licensing norms: Corporates will need a minimum capital of Rs5bn to open a
bank (Economic Times)
New generation banks build 14% market share in deposits & loans (Economic Times)
IDFC to raise at least Rs1bn via bonds (Economic Times)
Corporates welcome RBI's draft norms on banking licences (Business Standard)
PFC to restart process for award of UMPPs in Orissa, Tamil Nadu (Live Mint)
Pharma
Most pharma companies likely to see a mixed show in September quarter (Economic Times)
Commodity
Coal India gearing up for Rs420bn investment (Economic Times)
CIL could not fulfil NTPC, NALCO Q1 supply contracts (Economic Times)
CIL strives 5% increase in production in FY'12: Jaiswal (Economic Times)
Aussie coal prices soften after cut in steel production, higher coal buys by large purchasers
from Mongolia (Economic Times)
Finished steel imports at Rs264bn: Steel Minister Beni Prasad Verma (Economic Times)
Duty on iron ore exports may be raised further (Business Line)
Retail/ Real Estate
Prices of new residential property could fall 10-15% by Diwali (Economic Times)
Widening demand and supply gap hits home projects, says PropEquity (Economic Times)
IT & Telecom
DoT to push Cabinet for hiving off surplus VSNL land (Business Standard)
Power, engineering & infrastructure
R-Power seeks shareholders nod to raise funds (Business Standard)
Reliance Power plans to invest Rs80bn to set up 500 MW solar power projects in Rajasthan
(Economic Times)
GVK Power & Infra may raise debt to fund Australia’s Hancock buy (Economic Times)
Tata BP Solar commissions 1-MW solar power plant in Orissa (Economic Times)
Automobiles
Maruti Suzuki workers locked out over 'sabotage' (Economic Times)
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