12 October 2011

Oct 12: News headlines :RBS

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News headlines
Oil & gas  
Oil Ministry for no domestic gas supply to merchant power plants (Business Standard)
Indian Oil plans to raise R&D investment by 40% to Rs3.5bn (Business Standard)
OPEC cuts oil demand growth forecast for 2012 (Live Mint)
Banks  
Government to infuse Rs45bn in SBI by March-end: Finance Ministry (Economic Times)
High rates reduce demand for loans; new loans by banks fall to four-year low in September
(Economic Times)
Need house nod to recapitalise PSU banks: government (Business Standard)
Pharma
Lupin launches generic birth control drug in US (Business Standard)
Commodity
NMDC to auction 300,000 tonne of iron ore in Karnataka (Business Standard)
Government asks CIL, others to increase supply to power firms (Business Standard)
Coal Min suggests per tonne levy (Business Standard)
Retail/real estate
Unitech files petition against parent company (Business Standard)
DLF to raise Rs25bn from Amanresorts stake sale (Business Standard)
IT & telecom  
RBI's automated data reporting norms to create Rs5bn market for IT firms (Economic Times)
Draft telecom policy : Booster for cloud technology and data service (Economic Times)
DoT arm: 3G roaming deals by players not having spectrum are illegal (Business Line)
TRAI to showcause telcos over 3G (Business Standard)
Power, engineering & infrastructure
Government increases coal supply to northern power stations (Economic Times)
NTPC may appoint Deloitte as consultant on operational revamp (Economic Times)
Acute power shortage in UP due to coal supply shortfalls (Economic Times)
Tata Power installs 300 MW wind energy capacity (Business Standard)
NHAI to seek bids for 4,000 km highways in the next fiscal year (Live Mint)
Power Grid eyes joint ventures in Bangladesh, Sri Lanka (Live Mint)
Automobiles
Maruti's output heading for total halt; stir at Manesar goes on (Economic Times)
'Breach of Settlement' notice slapped on Maruti workers (Economic Times)
Maruti Suzuki strike costs exchequer Rs3.5bn in excise duty (Economic Times)

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