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Corporate Front Page:
- Bharti Airtel announces a JV with SBI for mobile banking. (BS)
- Jindal Steel and Power is carrying out due diligence for stake buy in Kazakh block. (BL)
- RIL signs pact with Gujarat on petroleum education. (BL)
- Oil India may miss its target to produce 3.7mn tons of crude oil in the current fiscal. (BS)
- The government is poised to clear the US$9.6bn Cairn-Vedanta deal by the middle of February. (ET)
- Reliance Infra and RNRL are closed to reaching a settlement with SEBI by paying consent fees. (ET)
- BHEL is increasing thrust on non-core businesses to support growth. (ET)
- Tata Steel to launch its up to US$800mn public share sale on 19th January 2010. (BS)
- CBI examined documents of some public sector banks including SBI that had given loans to real estate firms that were allocated 2G licenses in 2007-08. (BS)
- IDFC aims to raise Rs29.3bn via infra bonds. (BS)
- Wockhardt board approves a plan to merge the nutrition business of its wholly owned subsidiary with itself. (BS)
- Reliance Media Works has lost the battle for the control of the multiplex chain against Inox. (BS)
- HCC to invest Rs12bn on Gujarat renewable energy project. (BL)
- Sterling Holiday Resorts plans to raise Rs1bn through QIP. (BS)
- Rajesh Exports to raise Rs70bn for retail expansion across India. (ET)
Economy Front Page:
- IIP slummed to an 18-month low of 2.71% in November 2010. (BS)
- Norms for life-insurers’ IPOs next month, says IRDA. (BS)
- FDI in services sector dipped 30% to US$2.16bn in April-October 2010. (BS)
- Government is likely to announce a slew of steps to bring down higher prices, particularly of food items. (BS)
- Wireless subscriber base increases by 52mn during the quarter ended September. (BS)
- Coal blocks auction parameters likely to be finalized by April 2011. (BS)
- Banks have posted a record growth in loans and deposits in the fortnight ended December 31st. (ET)
- RBI may hike key policy rates by 25bps in the forthcoming quarterly review, as per SBI chairman OP Bhatt. (ET)
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