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23 June 2011

June: 23: 2011::: Angel Broking, Economic and Political News

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Economic and Political News
􀂄 Indian telecom equipment revenue down 2.5% to `1,17,039cr in FY2011
􀂄 India’s engineering exports up 119% to US$7.9bn in May 2011
􀂄 Outward FDI up 59% at US$3.7bn in May 2011
Corporate News
􀂄 NHPC to invest `2,400cr on three JV projects in J&K
􀂄 RIL strikes natural gas in KG-D9 block
􀂄 Lupin gets US FDA nod for anti-bacterial tablet
􀂄 Orchid Chemicals’ Chennai facility clears US FDA inspection
􀂄 MRF declares lockout at Kottayam plant
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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