01 October 2011

1 Oct: News headlines ::RBS

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News headlines
Oil & Gas
􀀟 BG Group inks LNG pact with Gujarat State Petroleum Corporation for 20 years. (Economic
Times)
􀀟 CNG prices to rise by Rs 2 per kg this week. (Economic Times)
􀀟 HPCL defers crude unit shutdown at Mumbai plant. (Economic Times)
􀀟 GAIL to pick up 20% in Carizzo's Eagle Ford shale assets in US. (Economic Times)
􀀟 HC rejects Essar plea for gas from RIL's KG-D6 basin. (Economic Times)
Banks
􀀟 Banks see no demand for drafts. (Business Line)
􀀟 Axis Bank offers lifetime fixed interest rate home loan scheme. (Business Line)
􀀟 Banks make U-turn on prepayment. (Live Mint)
Pharma
􀀟 Pharma buy-outs by MNCs will not result in price hikes: Pfizer. (Economic Times)
Commodity
􀀟 NALCO plans to diversify into nuclear power. (Economic Times)
􀀟 Lanco to serve notice to Perdaman before mortgaging Griffin assets. (Economic Times)
􀀟 Environmental clearance for Sesa Goa's Pirna project cancelled. (Economic Times)
􀀟 Tata Steel's rail facility ready now after 35mn euro upgrade. (Economic Times)
􀀟 ACC eyes larger pie. (Business Standard)
Consumer
􀀟 MCCormick in JV pact with Kohinoor Foods. (Economic Times)
􀀟 United Spirits to focus on emerging markets. (Business Line)
Retail/ Real Estate
􀀟 Reality FDI curbs not to be imposed on colleges, old-age homes. (Economic Times)
􀀟 Unitech cancels dividend payout. (Economic Times)
􀀟 HUL shortlists 6 bidders including Gautam Adani, Oberoi Realty and Peninsula Land for Worli
sea-facing plot. (Economic Times)
􀀟 Oberoi Realty buys out ICICI Venture's stake in Mumbai project. (Economic Times)
􀀟 Oberoi Group in talks to buy 50% in south Mumbai project held by ICICI Venture. (Economic
Times)
IT & Telecom
􀀟 Wipro is Microsoft Software Development Partner of 2011. (Economic Times)
􀀟 BSNL likely to get Rs 55 bn more for defence network . (Economic Times)
􀀟 Bharti Airtel in pact with Nokia Siemens Networks for network expansion in Africa. (Economic
Times)
􀀟 SSTL gets $ 200 mn loan from ICICI, Barclays Bank. (Economic Times)
􀀟 Bonanza for Indian IT vendors as Europe's banks eye offshoring more work.(Business Line)
Power, engineering & infrastructure
􀀟 Gujarat power Discom slaps record penalty on Essar. (Economic Times)
􀀟 NTPC ties up Rs 24.1 bn loan for Bihar project. (Business Line)

􀀟 NTPC plans long-term coal offtake deal. (Business Standard)
Automobiles
􀀟 Hyundai’s Alto challenger Eon coming next month. (Economic Times)
􀀟 M&M rolls out first Global SUV XUV 500 at Rs 1.08 mn. (Economic Times)
􀀟 Mahindra & Mahindra eyeing African market for new SUV XUV500. (Economic Times)
􀀟 Maruti Suzuki to double sales network by 2015 across India. (Economic Times)
􀀟 Tata's Jaguar Land Rover journey needs direction. (Economic Times)
􀀟 Royal Enfield targets LatAm, Asean as part of global strategy. (Business Line)
􀀟 Ashok Leyland bags $37m order from Tanzania. (Business Line)
􀀟 Honda Motorcycle to invest Rs 10 bn in third plant. (Business Standard)

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