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05 January 2011

Royal Bank of Scotland: News headlines India by RBS: 5 Jan 11

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News headlines 
Oil & Gas
GEECL to invest in coal bed methane block in TN (Economic Times)
Iran offers India oil supply plan for January (Economic Times)

Banks
IDBI, OBC, BOI hike retail term deposit rates (Economic Times)
Cash-strapped banks unleash FD rate war (Economic Times)

Pharma
Natco seeks Pfizer nod for drug clone (Economic Times)

Commodity
Holcim group firms' 2010 sales up 2.7% to 41.29 mn tn (Economic Times)
UltraTech Cement Dec shipments at 3.3 mn tonnes (Economic Times)
NMDC and MMTC spar over iron ore supply pact (Economic Times)
Jindal saw inks pact with Rajasthan govt to mine iron ore (Economic Times)
Expert panel gives nod to first phase of Posco project (Economic Times)
JSW Steel price increase partial, may resort to more (Economic Times)

Consumer
Pepsi gets its X Factor (Economic Times)
Kraft sues Britannia for copying Oreo (Economic Times)
India extends ban on dairy product imports from China (Economic Times)

Retail/ Real Estate
Kotak Realty sells residential plot to Homex for Rs1.3bn (Economic Times)
100-yr-old Mumbai building fetches Rs1.5bn (Economic Times)

IT & Telecom
3G services can go ahead while monitoring is put in place: PC (Economic Times)
Telcos join hands to offer 3G services (Economic Times)
DoT finalises 3 biz plans for broadband network (Economic Times)
Uninor move telecom tribunal against DoT on roll-out damages (Economic Times)

Power, Engineering & Infrastructure
Suzlon may rope in strategic investor (Economic Times)
Environment Ministry team to visit Lavasa site tomorrow (Economic Times)
PowerGrid to advise Nigerian, Kenyan govts (Business Standard)
NTPC to float global tenders for Kudgi power project (Business Standard)

Automobiles
ALL hires top execs from MNCs to strengthen its global presence (Economic Times)
India's Dec car sales signal continued growth (Economic Times)
Singur locals asks Tatas to set up a plant, offer cooperation (Economic Times)
Maruti sales jump 17% in December 2010 (Economic Times)

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