04 November 2011

Nov 4: Economic and Political News 􀂄Angel Broking,

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Economic and Political News
􀂄 India's services sector contracts for the second straight month in October 2011
􀂄 No let-up, food inflation rises to 12.21% for the week ended October 22
􀂄 Power plants' coal stocks dip below 'critical' level
􀂄 Lock-in for FIIs in infra debt cut to one year

Corporate News
􀂄 RIL, RCom in talks for sharing telecom infra
􀂄 Hero Motors forays into restaurant business
􀂄 Sesa Goa to acquire Videocon's Goa Energy for `54cr
􀂄 SAIL says JV with Posco still on, uncertain on timing
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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