20 October 2011

20 Oct: Economic and Political News 􀂄 Angel Broking,

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Economic and Political News
􀂄 Mineral output down 6% in August
􀂄 Government approves building four expressways at a cost of `16,680cr
􀂄 NRIs can hold accounts in any currency now: RBI
􀂄 Prime Minister likely to review coal supply situation in November
􀂄 Trade between India, Brazil and South Africa set to grow to US$25bn by 2015

Corporate News
􀂄 NDS Group to invest US$440mn in India in five years
􀂄 Hero MotoCorp aims exports of 10 lakh units in 5-6 years
􀂄 SAIL not to issue fresh equity but government will sell 5% stake in the firm
􀂄 CAG seeks Power Ministry’s response on Reliance Power's surplus coal use
􀂄 Abbott to split itself into two publicly traded companies – one in diversified
medical products and the other in research-based pharmaceuticals

Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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