25 November 2011

25 Nov: Economic and Political News 􀂄 Angel Broking,

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Economic and Political News
􀂄 Cabinet clears Companies Bill; to be taken up this session
􀂄 Food inflation falls to single digit at 9.01%
􀂄 Sebi sets minimum allotment size of `5cr for anchor investors in an IPO
􀂄 No immediate hike in fuel prices, indicates Reddy
􀂄 Air India faces whopping debt of `43,777cr
􀂄 RBI approves loan extension to Air India
􀂄 No proposal for hike in rail passenger fares at present say MoS for Railways
Corporate News
􀂄 SBI abolishes penalty on pre-payment of housing loans
􀂄 M&M says looking at more Korean assets, sourcing
􀂄 Strides receives USFDA approval for two cancer drugs
􀂄 Jet Airway's unpaid fuel bills up 65% in first half of FY12
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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