30 October 2011

News headlines :: 30 Oct 11 ::RBS

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News headlines
Oil & Gas
􀀟 BPCL issues tender to buy sweet crude for December (Economic Times)
􀀟 UJVN to form joint venture with GAIL (Business Standard)
Banks
􀀟 SBI not in a hurry to raise rates now: Chairman Pratip Chaudhuri (Economic Times)
􀀟 Yes Bank raises rates by up to 2%, others to take call later (Economic Times)
􀀟 Banks need to be recapitalised to meet Basel-III norms: RBI (Economic Times)
􀀟 RBI frees savings bank interest rates (Business Line)
􀀟 RBI mulls relaxing bank branch expansion norms for opening branches in Tier-II centres
(Economic Times)
􀀟 SBI to get Rs85bn this year as capital infusion (Business Line)
Retail / Real estate
􀀟 DLF launches affordable housing project in Bangalore (Live Mint)
Commodity
􀀟 Govt to review Coal India's performance in December (Economic Times)
􀀟 Sesa Goa expects mining ban to be lifted by December (Business Standard)
􀀟 OSPCB issues show cause notice to Nalco for failing to take long-term steps on ash pond
(Economic Times)
IT & Telecom
􀀟 Bharti Airtel launches 3G services in Congo (Economic Times)
􀀟 Wipro, Workday ink pact for enterprise solutions (Economic Times)
􀀟 Infosys says it seeks acquisitions worth up to US$700m (Economic Times)
􀀟 Wipro Technologies to restructure IT infrastructure business by merging domestic, global
functions (Economic Times)
􀀟 iGATE Patni extends multimillion dollar contract with 'The Mosaic Company'; expected to
employ 200 people (Economic Times)
Power, engineering & infrastructure
􀀟 Power Grid eyes 30% revenue jump from the telecom business (Economic Times)
􀀟 Thirty thermal power plants including NTPC and Reliance Power have coal stock for just four
days (Economic Times)
􀀟 IVRCL gears up to sell all infrastructure assets (Economic Times)
􀀟 NTPC may fall short by 18bn units in FY12 (Live Mint)
􀀟 Thirty three power plants running at less than four day coal stock (Economic Times)

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