11 September 2011

News headlines :: Sept 11 ::RBS

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News headlines


Automobiles
􀀟 Maruti board to decide on Gujarat plant by October (Economic Times)
􀀟 Toyota Kirloskar, Mahindra & Mahindra to raise prices up to 2% next month (Economic
Times)
􀀟 Manesar labour problem a political issue, no compromise: Maruti Suzuki (Economic Times)
􀀟 Tata Motors moved Nano plant despite all arrangements: Government (Economic Times)
􀀟 Mahindra & Mahindra rolls out Bolero variant at Rs633k (Economic Times)
􀀟 Indian automobile industry to clock up to Rs2.1tn turnover in FY'12 (Economic Times)
􀀟 Mahindra & Mahindra tractor JV commences construction of new plant in China (Economic
Times)
􀀟 Tata Motors cuts production to meet market demand (Business Standard)
􀀟 August car sales down, expected to skid further (Business Standard)
􀀟 Tyre industry to invest up to Rs100bn by 2013 (Business Standard)


Oil & Gas
􀀟 CAG for autonomy to DGH; arm's length relation with Oil Ministry (Economic Times)
􀀟 CAG wants Cairn field cost increase to be audited as well (Economic Times)
􀀟 CAG critical of RIL, Oil Ministry on KG D-6 contract (Economic Times)
􀀟 Complying with PSC and good industry practice in KG-D6: RIL (Economic Times)
􀀟 Indian Oil bars Swiss-based Vitol from tenders: Sources (Economic Times)
􀀟 CAG report indicts Reliance, calls for in-depth review of 10 contracts (Economic Times)
􀀟 MRPL to shut reformer in end Sept-Oct for 20 days (Economic Times)
􀀟 Britain's BG keen to buy stake in ONGC's KG block (Economic Times)
􀀟 Petronet to finalise eastern LNG terminal location by year end (Business Standard)
􀀟 ONGC contests viability of Asansol-Howrah coal-bed methane gas grid (Business Line)
􀀟 HPCL trains personnel for a dynamic petrol pricing model (Live Mint)
Banks
􀀟 Banks find it tough to hike loan term (Economic Times)
􀀟 RBI seeks one-time tax relief to arm MNC banks (Economic Times)
􀀟 Axis Bank's acquisition of Enam's broking & investment banking businesses must be all-cash
deal: RBI (Economic Times)
􀀟 SBI Group's share of loans, deposits slightly down (Business Standard)
Pharma
􀀟 Ranbaxy set to launch generic Lipitor in US in November (Business Line)
Commodity
􀀟 SAIL's expansion drive expected to be completed by 2012-2013 (Economic Times)
􀀟 NALCO sells aluminium at nearly $102 premium over LME (Economic Times)
IT & Telecom
􀀟 Delhi blast will have no impact on IT companies: Krish Gopalakrishnan (Economic Times)
􀀟 Infosys has not seen clients reducing their budget plan on IT due to slowdown in the US and
Europe this year: Kris Gopalakrishnan (Economic Times)
􀀟 HCL gives more details in UK phone-hacking case (Economic Times)
􀀟 PC shipments growth to slow to 3.8% in 2011: Gartner (Economic Times)
􀀟 Draft IT policy stresses on social media, tablets (Economic Times)
􀀟 Infosys on hiring mode still, says Kris Gopalakrishnan (Business Line)
􀀟 Bharti airtel gets 2G, 3G licences in Rwanda, to invest $100mn in 3yrs (Economic Times)
􀀟 No violation of norms by Reliance Communication in Gateway Net case: MCA (Economic
Times)
􀀟 Reliance Communications bags HDFC's Rs14bn order (Economic Times)
Power, engineering & infrastructure
􀀟 GVK Power bid for Australia's Hancock delayed over valuation (Economic Times)
􀀟 U.N. Singh takes over as GM in-charge at BHEL's Industrial Systems Group (Business Line)

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