14 September 2011

14 Sept: Economic and Political News 􀂄Angel Broking,

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Economic and Political News
􀂄 IEA cuts oil demand growth forecasts for 2011 and 2012
􀂄 Government will meet `40,000cr disinvestment goal: Finance Ministry
􀂄 Competition policy will tame inflation: Corporate Affairs Ministry

Corporate News
􀂄 BPCL plans to raise US$400mn to fund FY2012 capital expenditure
􀂄 HFCs face tighter regulations as NHB raises provisioning requirements
􀂄 NMDC to submit bid for 50% stake in Australian firm for ~`200cr
􀂄 Bajaj Hindusthan to raise `1,644cr through rights issue
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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