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25 January 2011

The Royal Bank of Scotland- News headlines: 25 January 2011

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News headlines
Oil & Gas
􀀟 Indian cos in talks with API for investment in shale gas (Economic Times)
􀀟 Oil Ministry sets 11 preconditions for Vedanta-Cairn deal (Economic Times)
Banks
􀀟 Pension option: Banks face Rs120bn liability (Economic Times)
􀀟 ICICI Bank expects 20% credit growth in 2011-12 (Economic Times)
􀀟 RBI signals series of rate hikes to tackle inflation (Business Standard)

Pharma
􀀟 India, China new profit centres for GSK Consumer (Economic Times)
􀀟 Sun Pharma plans its biggest buy in US (Business Standard)
Commodity
􀀟 Indonesia offers sops to ADAG for coal mining (Economic Times)
􀀟 Orissa allows six iron ore mines to resume operations (Economic Times)
􀀟 India's Sterlite plant gets state pollution board nod (Economic Times)
􀀟 Rio Tinto wins full Riversdale board support for $3.9bn bid (Economic Times)
􀀟 India to have its first coal-fired AUSC plant by 2017 (Economic Times)
􀀟 Govt to take final call on Posco project by Jan end (Economic Times)
Consumer
􀀟 Danone looks at India buys, may target Dumex (Economic Times)
Retail/ Real Estate
􀀟 LICHF arm plans Rs7.5bn realty fund (Economic Times)
􀀟 CCIS: Baring may invest Rs3.5bn in Bangalore realty company (Economic Times)
IT & Telecom
􀀟 Shifting service-providers not so easy, despite MNP (Economic Times)
􀀟 DoT needs to tell operators to connect to new solution: RIM (Economic Times)
􀀟 Reliance Communications to launch 3G services in Rajasthan (Economic Times)
􀀟 Airtel makes 3G debut in Karnataka; remaining circles by March (Economic Times)
􀀟 BlackBerry program may help RIM defend its turf (Economic Times)
􀀟 Wipro's new structure to have mini CEOs heading different verticals (Economic Times)
Power, Engineering & Infrastructure
􀀟 R-Power to invest $5bn in Indonesia (Economic Times)
􀀟 L&T turns 9 operating units into companies (Economic Times)
􀀟 Land acquisition for OPTCL's 2000 MW power plant soon (Business Standard)
Automobiles
􀀟 Car cos drive to rural India to boost sales (Economic Times)
􀀟 Hero Honda executes licensing pact with Honda Motors (Economic Times)
􀀟 Ford Figo, Yamaha SZ-X bag top honours at ET ZigWheels awards (Economic Times)
􀀟 Bajaj to add 130 new dealers by June (Economic Times)

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