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India Equity Research Reports, IPO and Stock News
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News headlines: Corporate
SBI has announced that it has doubled its Medium Term Note
(MTN) program to US$10bn to fund overseas business. (BS)
L&T has secured a Rs7bn contract from Petroleum Development
Oman to set up a 3mmscmd greenfield gas treatment plant. (BS)
M&M has announced that it will raise tractor prices by 1.5% soon
due to the spiraling input costs. (BS)
SAIL has drawn up plans to invest Rs143bn in FY12 in capacity
building in order to expand its capacity to 21.4MTPA by March
2012. (BS)
News headlines: Economic and political
Food inflation has fallen to 8.84% in the week ended September
10 from 9.47% in the previous week. (BS)
Reserve Bank of India (RBI) has tightened disclosure norms for
NBFCs under which they will have to make disclosures more
frequently about their lending and deposit activities. (BS)
The Coal Ministry has said that it plans to set up a coal regulator
by the end of this fiscal. (FE)
News headlines: Corporate
Indian Oil Corp plans to raise its borrowing limit by Rs300bn to
Rs1.1tn as it expects borrowings to rise sharply due to high underrecovery
on sales of diesel, kerosene and domestic LPG. (BS)
IVRCL has announced that it has secured new orders worth
Rs22bn. (BS)
Nissan has drawn up plans to enhance the capacity of its
Orgadam facility near Chennai from the current 200,000 units to
400,000 units by next year. (BS)
Telenor has said that it will invest up to Rs155bn in Indian
operations in joint venture with Unitech Wireless. (BS)
Essar Energy has said that it has been allocated coal from the
Amelia coal block in Madhya Pradesh for fuel supplies to the firm’s
1,200MW Mahan-I power project. (BS)
ABB has secured a US$71m order from SAIL for supply of a highvoltage
sub-station package to SAIL’s Bhilai plant. (BS)
SAIL has drawn up plans to create an special purpose vehicle for
the revival of its Sindri unit in two-three months at a cost of
Rs350bn. (BS)
Yes Bank has entered into an alliance with Malayan Banking
Berhad to collaborate on cross-border investment banking
advisory. (BS)
REpower’s shareholders have approved Suzlon Energy’s
proposal to acquire the remaining shares in the company. (Mint)
Dr Reddy’s Labs has announced the launch of the generic version
of Exelon in the US market. (Mint)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines: Corporate
SBI has announced that it has doubled its Medium Term Note
(MTN) program to US$10bn to fund overseas business. (BS)
L&T has secured a Rs7bn contract from Petroleum Development
Oman to set up a 3mmscmd greenfield gas treatment plant. (BS)
M&M has announced that it will raise tractor prices by 1.5% soon
due to the spiraling input costs. (BS)
SAIL has drawn up plans to invest Rs143bn in FY12 in capacity
building in order to expand its capacity to 21.4MTPA by March
2012. (BS)
News headlines: Economic and political
Food inflation has fallen to 8.84% in the week ended September
10 from 9.47% in the previous week. (BS)
Reserve Bank of India (RBI) has tightened disclosure norms for
NBFCs under which they will have to make disclosures more
frequently about their lending and deposit activities. (BS)
The Coal Ministry has said that it plans to set up a coal regulator
by the end of this fiscal. (FE)
News headlines: Corporate
Indian Oil Corp plans to raise its borrowing limit by Rs300bn to
Rs1.1tn as it expects borrowings to rise sharply due to high underrecovery
on sales of diesel, kerosene and domestic LPG. (BS)
IVRCL has announced that it has secured new orders worth
Rs22bn. (BS)
Nissan has drawn up plans to enhance the capacity of its
Orgadam facility near Chennai from the current 200,000 units to
400,000 units by next year. (BS)
Telenor has said that it will invest up to Rs155bn in Indian
operations in joint venture with Unitech Wireless. (BS)
Essar Energy has said that it has been allocated coal from the
Amelia coal block in Madhya Pradesh for fuel supplies to the firm’s
1,200MW Mahan-I power project. (BS)
ABB has secured a US$71m order from SAIL for supply of a highvoltage
sub-station package to SAIL’s Bhilai plant. (BS)
SAIL has drawn up plans to create an special purpose vehicle for
the revival of its Sindri unit in two-three months at a cost of
Rs350bn. (BS)
Yes Bank has entered into an alliance with Malayan Banking
Berhad to collaborate on cross-border investment banking
advisory. (BS)
REpower’s shareholders have approved Suzlon Energy’s
proposal to acquire the remaining shares in the company. (Mint)
Dr Reddy’s Labs has announced the launch of the generic version
of Exelon in the US market. (Mint)
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