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India Equity Research Reports, IPO and Stock News
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Economy News
4 The World Bank has approved a $ 352-million credit for the National Dairy
Support Project. (BL)
4 The government aims to tap various assets to raise an estimated Rs 1.52
trillion in the next financial year, nearly half of which could come from
telecom spectrum sale and disinvestment in public sector undertakings
(PSUs). (BS)
4 Finance Minister Pranab Mukherjee has expressed hope that the direct
tax regime would become effective from 2013-14. (BS)
4 The shipping ministry has got another year to figure out how it can raise
Rs 50 bn through tax-free bonds. (BS)
4 NHAI would float Rs 100 bn bonds towards the end of 2012-13 after the
finance minister announcement in Budget 2012 - 2013, allowing them to
raise Rs 100 bn through tax-free bonds. (ET)
4 A politically vulnerable Congress-led United Progressive Alliance (UPA) is
likely to drop the proposal for easier foreign direct investment (FDI)
norms in insurance and pension funds. (Mint)
Corporate News
4 Dredging Corporation of India (DCI) is expecting a new dredger worth
Rs 5 bn to join its fleet by the end of this financial year. (BS)
4 Larsen & Toubro has begun the process of selecting the engineering and
construction segment's next MD & CEO three-and-a-half years before the
incumbent K Venkataramanan is due to retire. (ET)
4 Both Jet Airways and Air India may increase working capital loans on
their balance sheets by 25% in the new fiscal year due to a difficult cost
environment. They are also looking to cash in on the foreign borrowing
tool announced in the Union Budget last week.(ET)
4 Apollo hospitals Enterprises Limited (AHEL) is planning to raise $60
million from the International Finance Corporation (IFC). The fund raising
is aimed to partially fund the hospital chain's investment plan of $394
million. (BS)
4 Kingfisher Airlines Ltd will submit a recovery plan to the aviation
regulator this week so it can continue flying. (Mint)
4 Tata Steel and Wipro are the only Indian entities named in the 2012 list
of 'World's Most Ethical Companies' (WME) prepared by US-based
Ethisphere Institute. (FE)
4 Buoyed by its Hazira complex becoming the country's largest single
location flat steel maker with 10 mtpa capacity, Essar Steel is set to
commission a pellet unit in a week in Odisha to pave the way for setting
up of its proposed 6 mtpa integrated steel plant. (BS)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Economy News
4 The World Bank has approved a $ 352-million credit for the National Dairy
Support Project. (BL)
4 The government aims to tap various assets to raise an estimated Rs 1.52
trillion in the next financial year, nearly half of which could come from
telecom spectrum sale and disinvestment in public sector undertakings
(PSUs). (BS)
4 Finance Minister Pranab Mukherjee has expressed hope that the direct
tax regime would become effective from 2013-14. (BS)
4 The shipping ministry has got another year to figure out how it can raise
Rs 50 bn through tax-free bonds. (BS)
4 NHAI would float Rs 100 bn bonds towards the end of 2012-13 after the
finance minister announcement in Budget 2012 - 2013, allowing them to
raise Rs 100 bn through tax-free bonds. (ET)
4 A politically vulnerable Congress-led United Progressive Alliance (UPA) is
likely to drop the proposal for easier foreign direct investment (FDI)
norms in insurance and pension funds. (Mint)
Corporate News
4 Dredging Corporation of India (DCI) is expecting a new dredger worth
Rs 5 bn to join its fleet by the end of this financial year. (BS)
4 Larsen & Toubro has begun the process of selecting the engineering and
construction segment's next MD & CEO three-and-a-half years before the
incumbent K Venkataramanan is due to retire. (ET)
4 Both Jet Airways and Air India may increase working capital loans on
their balance sheets by 25% in the new fiscal year due to a difficult cost
environment. They are also looking to cash in on the foreign borrowing
tool announced in the Union Budget last week.(ET)
4 Apollo hospitals Enterprises Limited (AHEL) is planning to raise $60
million from the International Finance Corporation (IFC). The fund raising
is aimed to partially fund the hospital chain's investment plan of $394
million. (BS)
4 Kingfisher Airlines Ltd will submit a recovery plan to the aviation
regulator this week so it can continue flying. (Mint)
4 Tata Steel and Wipro are the only Indian entities named in the 2012 list
of 'World's Most Ethical Companies' (WME) prepared by US-based
Ethisphere Institute. (FE)
4 Buoyed by its Hazira complex becoming the country's largest single
location flat steel maker with 10 mtpa capacity, Essar Steel is set to
commission a pellet unit in a week in Odisha to pave the way for setting
up of its proposed 6 mtpa integrated steel plant. (BS)
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