09 October 2011

News headlines:: Oct 9, 2011: RBS,

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News headlines
Oil & Gas
􀀟 RIL withdraws notice to suspend gas supply to UP plants (Economic Times)
􀀟 Andhra Pradesh to be allocated KG-D6 gas on priority (Economic Times)
􀀟 Gas discovery in Mozambique holds at least 10 trillion cubic feet (Economic Times)
􀀟 Evidence of falling oil imports from China and India: UAE (Economic Times)
􀀟 RIL to suspend gas supply to 4 fertiliser plants from tomorrow (Economic Times)
􀀟 Hiranandani, GAIL plan LNG terminals in Bengal (Business Standard)
Banks
􀀟 SBI to be fully capitalised: Finance Ministry (Economic Times)
􀀟 SBI to cut government bond holdings, insure credit to conserve capital (Economic Times)
􀀟 SBI downgrade to impact Indian banking sector: Ficci (Economic Times)
􀀟 SBI says hike in lending rates unlikely (Economic Times)
􀀟 Moody's reaffirms rating of ICICI Bank (Economic Times)
􀀟 SBI expects up to $2bn in government funds in FY12 (Economic Times)
Commodity
􀀟 Government to review 236 MoUs for setting up steel plants including those of ArcelorMittal,
JSW Steel (Economic Times)
􀀟 SAIL's Visvesvaraya steel plant to get captive iron ore mine (Economic Times)
􀀟 SAIL seeks gas for power plant in Jagdishpur (Business Standard)
􀀟 NMDC lines up Rs 24.5bn capex (Business Standard)
􀀟 CIL chief`s selection to be delayed further (Business Standard)
IT & Telecom
􀀟 RCom raises capacity of undersea cable (Business Standard)
Power, engineering & infrastructure
􀀟 Tata aiming for power supply from Mundra UMPP in four months (Economic Times)
􀀟 Coal Ministry asks NTPC for status report on de-allocated blocks (Business Standard)
Automobiles
􀀟 Maruti Suzuki racing ahead to clock 40% higher output this month (Economic Times)
􀀟 Indian car sales struggle in SA market (Business Standard)

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