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05 October 2011

5 Oct: Economic and Political News 􀂄 Angel Broking,

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Economic and Political News
􀂄 Cabinet nod has been sought for converting IIFCL into NBFC
􀂄 Government’s draft policy on electronics aims US$400bn turnover by 2020
􀂄 Food processing ministry seeks four-fold hike in twelfth plan outlay

Corporate News
􀂄 ONGC to raise oil output by 15% to 28mn tonnes by FY2013
􀂄 PVR plans to invest `100cr in FY2013 to expand its movie screening network
􀂄 DLF to invest `200cr to establish 250 skill training centres

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

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