Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines: Corporate
Glenmark Pharma has signed a US$613m outlicensing deal with
French major Sanofi for one of the molecules it is developing. (BS)
SBI may defer its planned Rs200bn rights issue as the government
may find it difficult to invest the funds necessary to maintain its
stake. (ET)
L&T has won a Rs35bn order from Chennai based PNN Power
Generating Co. Ltd for a 3x360MW gas based power plant. (Mint)
Coal India is reportedly in negotiations with Peabody Energy to
pick up a 15% stake in a JV to operate US$600m mining project in
Australia. (ET)
News headlines: Economic and political
Indian wholesale price based inflation fell to 8.66% in April 2011
against a revised 9.04% in March. The figure for February was also
revised to 9.54% from 8.31% earlier. (BS)
The telecom ministry has said that only 15 licenses are fit for
cancellation against the 69 recommended by TRAI. (Mint)
Petrol consumption growth in India slowed to 10.8% YoY in FY11
against 13.9% in FY10 in the face of rising prices. (BS)
The finance ministry will meet regulators today to decide the
structure for the proposed Infrastructure Debt Fund. (BS)
The value of cheque transactions in India dropped 2.6% YoY in
FY11 while the volume rose 0.4% YoY. (BS)
News headlines: Corporate
3i Infotech has sold its US subsidiaries for US$137m. The sale
would impact sales by US$175m and Ebitda by US$24m. (BS)
Genpact founder and CEO Pramod Bhasin has stepped down and
will be taking over as the non-executive Vice Chairman. He will be
succeeded by Mr. N V Tyagarajan. (BS)
Toyota Kirloskar Motors will resume normal production from
Friday following a 70% production cut earlier due to supply
disruptions. (Mint)
Dena Bank has raised deposit rates on select tenures by up to
50bps. (Mint)
JSW Steel 4QFY11 net profit Rs7.94bn, +30% YoY. (BS)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines: Corporate
Glenmark Pharma has signed a US$613m outlicensing deal with
French major Sanofi for one of the molecules it is developing. (BS)
SBI may defer its planned Rs200bn rights issue as the government
may find it difficult to invest the funds necessary to maintain its
stake. (ET)
L&T has won a Rs35bn order from Chennai based PNN Power
Generating Co. Ltd for a 3x360MW gas based power plant. (Mint)
Coal India is reportedly in negotiations with Peabody Energy to
pick up a 15% stake in a JV to operate US$600m mining project in
Australia. (ET)
News headlines: Economic and political
Indian wholesale price based inflation fell to 8.66% in April 2011
against a revised 9.04% in March. The figure for February was also
revised to 9.54% from 8.31% earlier. (BS)
The telecom ministry has said that only 15 licenses are fit for
cancellation against the 69 recommended by TRAI. (Mint)
Petrol consumption growth in India slowed to 10.8% YoY in FY11
against 13.9% in FY10 in the face of rising prices. (BS)
The finance ministry will meet regulators today to decide the
structure for the proposed Infrastructure Debt Fund. (BS)
The value of cheque transactions in India dropped 2.6% YoY in
FY11 while the volume rose 0.4% YoY. (BS)
News headlines: Corporate
3i Infotech has sold its US subsidiaries for US$137m. The sale
would impact sales by US$175m and Ebitda by US$24m. (BS)
Genpact founder and CEO Pramod Bhasin has stepped down and
will be taking over as the non-executive Vice Chairman. He will be
succeeded by Mr. N V Tyagarajan. (BS)
Toyota Kirloskar Motors will resume normal production from
Friday following a 70% production cut earlier due to supply
disruptions. (Mint)
Dena Bank has raised deposit rates on select tenures by up to
50bps. (Mint)
JSW Steel 4QFY11 net profit Rs7.94bn, +30% YoY. (BS)
No comments:
Post a Comment