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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines
Oil & Gas
�� Welspun, Ispat move HC on reserving RIL's gas for core sector (Economic Times)
�� Final hearing in SC on ONGC's $125mn contract by May-end (Economic Times)
�� Cairn India-led JV set to increase production in KG basin (Economic Times)
�� BP may have paid $1.5bn for stake in one Reliance gas block (Economic Times)
�� Reliance debunks charges on fall in KG-D6 output (Business Standard)
Banks
�� Central Bank of India mulling entry in Asian, African markets (Economic Times)
�� UCO Bank to open 37 SMEs across India in FY12 (Economic Times)
�� UCO Bank moves HC against IT order levying fine on it (Economic Times)
�� Savings rate deregulation may push up costs for a/c holders (Economic Times)
�� Lakshmi Vilas Bank revises term deposit interest rates (Economic Times)
�� RBI asks Tamilnad Mercantile Bank to list shares through an IPO (Economic Times)
�� ICICI Bank says to raise base rate by 50bps from May 7 (Economic Times)
�� IOB hikes minimum lending rate by 50bps to 10% (Economic Times)
�� Union Bank of India hikes minimum lending rate by 50 bps to 10% (Economic Times)
�� Union Bank has headroom to raise 60bn rupees as tier 2 (Economic Times)
�� Banks report fall in biz; loan amount down by Rs37.4bn, deposits by Rs5.5bn (Economic
Times)
Pharma
�� Top executive Sandeep Juneja in Ranbaxy M&A team resigns, reflects company's strategy
(Economic Times)
�� Zydus Cadila aims to be a $3bn company by 2015 (Economic Times)
�� Glenmark settles patent suit for skin lotion with Nycomed (Economic Times)
Commodity
�� Srikant Jena asks Odisha to assert mining rights (Economic Times)
�� NMDC to buy 50% stake in two iron ore mines in Oz this month (Economic Times)
�� Posco's Orissa project: Many hurdles lie ahead despite Environment ministry's approval
(Economic Times)
�� Sterlite Industries cuts copper prices by 4% to Rs457,261 a metric ton as global prices
(Economic Times) declined
�� Steel-making capacity to rise by 30 MT in two years, says Misra (Economic Times)
�� Bhushan Steel plans to raise $1bn, Q4 profit up 19.5% (Economic Times)
�� Dalmia Cements looking at M&As (Business Standard)
Consumer
�� Small FMCG cos sell off popular brands as competition heats up (Economic Times)
�� Jyothy Labs to start open offer for Henkel India next week (Economic Times)
�� ITC plans launching one or more mass products to grow personal care and food businesses
(Economic Times)
�� Dhanuka Agritech inks marketing pact with Japanese co (Economic Times)
IT & Telecom
�� Infy raises concerns on negative sentiment about outsourcing (Economic Times)
�� Sibal holds meeting on R&D in telecom sector (Times of India)
Power, engineering & infrastructure
�� India to add 67,000 MW solar power capacity by 2022 (Economic Times)
�� India to supply 250 MW power to Bangladesh by 2013 (Economic Times)
�� Indian investors and EPC contractors forge alliances for solar power projects (Economic
Times)
�� Invoke Sun, Wind gods for satisfying energy needs (Economic Times)
�� Ramesh lifts stop-work order on Maheshwar hydro project (Economic Times)
�� Vikram Group enters into JV with Spain's Proener for solar projects (Economic Times)
�� KEC International sees 15-20% order book growth in FY12: CEO (Economic Times)
�� Power Grid likely to award tower leasing contract by month-end (Business Standard)
Automobiles
�� Luxury cars to become costlier as major carmakers will soon raise prices of cars assembled
in India (Economic Times)
�� Mahindra & Mahindra not introduce any Ssangyong car to expand car portfolio, to focus on
SUVs (Economic Times)
�� Maruti Suzuki served legal notice on non-functioning airbags (Economic Times)
�� Tata Motor's Jaguar Land Rover seeks China partner (Economic Times)
�� Jaguar to launch limited edition supercar C-X75 at 0.7mn pounds (Economic Times)
�� HC upholds single judge order on Ashok Leyland trademark suit (Economic Times)
�� Indian car demand to grow over 3mn by 2014: Audi (Economic Times)
�� Car makers to feel the pinch of RBI's rate hike (Economic Times)
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
News headlines
Oil & Gas
�� Welspun, Ispat move HC on reserving RIL's gas for core sector (Economic Times)
�� Final hearing in SC on ONGC's $125mn contract by May-end (Economic Times)
�� Cairn India-led JV set to increase production in KG basin (Economic Times)
�� BP may have paid $1.5bn for stake in one Reliance gas block (Economic Times)
�� Reliance debunks charges on fall in KG-D6 output (Business Standard)
Banks
�� Central Bank of India mulling entry in Asian, African markets (Economic Times)
�� UCO Bank to open 37 SMEs across India in FY12 (Economic Times)
�� UCO Bank moves HC against IT order levying fine on it (Economic Times)
�� Savings rate deregulation may push up costs for a/c holders (Economic Times)
�� Lakshmi Vilas Bank revises term deposit interest rates (Economic Times)
�� RBI asks Tamilnad Mercantile Bank to list shares through an IPO (Economic Times)
�� ICICI Bank says to raise base rate by 50bps from May 7 (Economic Times)
�� IOB hikes minimum lending rate by 50bps to 10% (Economic Times)
�� Union Bank of India hikes minimum lending rate by 50 bps to 10% (Economic Times)
�� Union Bank has headroom to raise 60bn rupees as tier 2 (Economic Times)
�� Banks report fall in biz; loan amount down by Rs37.4bn, deposits by Rs5.5bn (Economic
Times)
Pharma
�� Top executive Sandeep Juneja in Ranbaxy M&A team resigns, reflects company's strategy
(Economic Times)
�� Zydus Cadila aims to be a $3bn company by 2015 (Economic Times)
�� Glenmark settles patent suit for skin lotion with Nycomed (Economic Times)
Commodity
�� Srikant Jena asks Odisha to assert mining rights (Economic Times)
�� NMDC to buy 50% stake in two iron ore mines in Oz this month (Economic Times)
�� Posco's Orissa project: Many hurdles lie ahead despite Environment ministry's approval
(Economic Times)
�� Sterlite Industries cuts copper prices by 4% to Rs457,261 a metric ton as global prices
(Economic Times) declined
�� Steel-making capacity to rise by 30 MT in two years, says Misra (Economic Times)
�� Bhushan Steel plans to raise $1bn, Q4 profit up 19.5% (Economic Times)
�� Dalmia Cements looking at M&As (Business Standard)
Consumer
�� Small FMCG cos sell off popular brands as competition heats up (Economic Times)
�� Jyothy Labs to start open offer for Henkel India next week (Economic Times)
�� ITC plans launching one or more mass products to grow personal care and food businesses
(Economic Times)
�� Dhanuka Agritech inks marketing pact with Japanese co (Economic Times)
IT & Telecom
�� Infy raises concerns on negative sentiment about outsourcing (Economic Times)
�� Sibal holds meeting on R&D in telecom sector (Times of India)
Power, engineering & infrastructure
�� India to add 67,000 MW solar power capacity by 2022 (Economic Times)
�� India to supply 250 MW power to Bangladesh by 2013 (Economic Times)
�� Indian investors and EPC contractors forge alliances for solar power projects (Economic
Times)
�� Invoke Sun, Wind gods for satisfying energy needs (Economic Times)
�� Ramesh lifts stop-work order on Maheshwar hydro project (Economic Times)
�� Vikram Group enters into JV with Spain's Proener for solar projects (Economic Times)
�� KEC International sees 15-20% order book growth in FY12: CEO (Economic Times)
�� Power Grid likely to award tower leasing contract by month-end (Business Standard)
Automobiles
�� Luxury cars to become costlier as major carmakers will soon raise prices of cars assembled
in India (Economic Times)
�� Mahindra & Mahindra not introduce any Ssangyong car to expand car portfolio, to focus on
SUVs (Economic Times)
�� Maruti Suzuki served legal notice on non-functioning airbags (Economic Times)
�� Tata Motor's Jaguar Land Rover seeks China partner (Economic Times)
�� Jaguar to launch limited edition supercar C-X75 at 0.7mn pounds (Economic Times)
�� HC upholds single judge order on Ashok Leyland trademark suit (Economic Times)
�� Indian car demand to grow over 3mn by 2014: Audi (Economic Times)
�� Car makers to feel the pinch of RBI's rate hike (Economic Times)
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