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06 September 2011

6 Sept: News headlines : The Royal Bank of Scotland

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News headlines


Power, engineering and infrastructure
BSES Delhi says dues to NTPC will be cleared Monday (Economic Times)
Cabinet decides to provide power subsidy to domestic consumers (Economic Times)
Andra project in limbo as Railways, NTPC differ on land value (Economic Times)
Northern Coalfields refuses to transfer land to Reliance Power's Sasan ultra mega power
project value (Economic Times)
L&T revives plans to sell stake in electrical & electronics business (Economic Times)
Jindal Power IPO unlikely in the next 4 months (Business Standard)
GMR Infra to get new MD in management rejig (Business Standard)
Automobiles
Mahindra & Mahindra targeting $18bn revenue from supply of defence equipment
(Economic Times)
Maruti rolls out 150 cars from Manesar, labour issue continues (Economic Times)
Mahindra & Mahindra to launch global SUV XUV 500 to take on Hyundai Tucson, Nissan
Qashaqai and GM's Captiva (Economic Times)
Maruti hires more contract staff as Manesar deadlock continues (Business Standard)
M&M to centralise R&D in TN (Business Standard)



Oil and gas
Reliance Industries hopes to profit with BP expertise, gas price revision in 2014
(Economic Times)
ONGC unlikely to pre-empt Cairn-Vedanta deal as price too high (Economic Times)
Iran says India paid all $5bn of oil debts: Report (Economic Times)
Hardy's Cauvery work grinds to a halt as Oil Ministry blocks key contract (Economic Times)
OMCs likely to get less ethanol for blending (Business Standard)
IOC Petronas to enrich Tamil Nadu government coffers by Rs9.38bn over 15 years
(Business Line)
GAIL Gas sets up venture in Kerala for city distribution (Business Line)
Banks
State-run banks like SBI, Canara Bank, Union Bank and others to disclose Rs17bn unclaimed
deposits (Economic Times)
Corporates, including the Tatas, Ambanis, Mahindras, Birlas and Bajaj Group, rush to ensure
eligibility for banking space entry (Economic Times)
SBI to expand foreign operations (Economic Times)
Over 5,600 companies defaulted on loans from PSU banks (Economic Times)
FM, bankers, CMs to discuss credit flow, fin inclusion (Business Standard)
Pharma
Dr Reddy's starts Phase-II trials of DRL-17822 molecule (Economic Times)
Government alarmed as MNC buyouts set to push up drug prices (Economic Times)
Commodity
Coal India bid to develop old mines delayed (Economic Times)
SAIL to appoint 1,000 dealers in rural India (Economic Times)
NALCO raises aluminium prices by Rs2,000 (Economic Times)
Ambuja Cement signs pact with RIICO for Railways siding project (Economic Times)
Ambuja Cements August shipments up 3% (Economic Times)
NMDC ties up with BHEL for material handling (Business Standard)
SAIL to sign MoU with Rajasthan government for manganese ore (Business Standard)
Cement sales slip in August as realty, infra sectors stumble (Business Line)
Consumer
FMCG sector poised for moderate volume growth this fiscal (Economic Times)
IT and telecoms
IT hiring in India down 49% in August (Business Standard)
DoT to invite bids for network rollout in Maoist areas like Chhattisgarh, Jharkhand, Andhra
Pradesh, West Bengal and Orissa (Economic Times)
DoT Seeks Rs68.3bn for Indian Telephone Industries' Revival (Economic Times)
Telecom minister Kapil Sibal decides to send notices to 74 telecom firms, overrules DoT's
view (Economic Times)

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