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News headlines: Corporate
Sesa Goa has secured a stay order from the Delhi High Court
against the decision taken by Industrial Financial Corporation of
India (IFCI) on Bellary Steel sell-off in which JSW Steel was
declared the highest bidder. (ET)
ICICI Bank MD and CEO Chanda Kochhar has said that the bank
will add 400-500 branches annually over the next three years and
focus on financing infrastructure projects in road and power. (Mint)
An arbitration panel has allowed the government to sell its residual
49% stake in Balco, as it deems fit, and has held the view that
Sterlite's call option to acquire the balance stake is invalid. (ET)
News headlines: Economic and political
Broadcast regulator Trai has requested the Supreme Court to allow
it to notify its proposed Tariff Order fixing a cap of Rs 250 monthly
cable charges except where conditional access system is
implemented. (ET)
Ahead of the Union Budget, the Reserve Bank has warned that
delay in hiking the prices of petroleum products and fertilisers will
adversely impact the government's ability to reduce fiscal
deficit.(ET)
After Reliance Industries, Cairn India has complained to the Oil
Ministry about bureaucratic hurdles delaying approvals for routine
matters that are critical for operations at properties like the
Rajasthan oilfields. (ET)
News headlines: Corporate
SAIL will set up a 3 mn ton plant at Central Kalimantan province
of Indonesia at a likely investment of up to Rs150bn. (ET)
Toyota is recalling nearly 1.7 mn vehicles around the world for
various defects that may cause fuel leakage. (ET)
Telecom tribunal TDSAT has dismissed Reliance
Communications' plea challenging the penalty and disconnection
notices issued by BSNL for wrong routing of international calls in
Karnataka Circle in 2003. (ET)
India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines: Corporate
Sesa Goa has secured a stay order from the Delhi High Court
against the decision taken by Industrial Financial Corporation of
India (IFCI) on Bellary Steel sell-off in which JSW Steel was
declared the highest bidder. (ET)
ICICI Bank MD and CEO Chanda Kochhar has said that the bank
will add 400-500 branches annually over the next three years and
focus on financing infrastructure projects in road and power. (Mint)
An arbitration panel has allowed the government to sell its residual
49% stake in Balco, as it deems fit, and has held the view that
Sterlite's call option to acquire the balance stake is invalid. (ET)
News headlines: Economic and political
Broadcast regulator Trai has requested the Supreme Court to allow
it to notify its proposed Tariff Order fixing a cap of Rs 250 monthly
cable charges except where conditional access system is
implemented. (ET)
Ahead of the Union Budget, the Reserve Bank has warned that
delay in hiking the prices of petroleum products and fertilisers will
adversely impact the government's ability to reduce fiscal
deficit.(ET)
After Reliance Industries, Cairn India has complained to the Oil
Ministry about bureaucratic hurdles delaying approvals for routine
matters that are critical for operations at properties like the
Rajasthan oilfields. (ET)
News headlines: Corporate
SAIL will set up a 3 mn ton plant at Central Kalimantan province
of Indonesia at a likely investment of up to Rs150bn. (ET)
Toyota is recalling nearly 1.7 mn vehicles around the world for
various defects that may cause fuel leakage. (ET)
Telecom tribunal TDSAT has dismissed Reliance
Communications' plea challenging the penalty and disconnection
notices issued by BSNL for wrong routing of international calls in
Karnataka Circle in 2003. (ET)
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