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01 July 2011

Economic and Political News 􀂄 1 JULY:: Angel Broking,

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Economic and Political News
􀂄 Current account deficit narrows to US$5.4bn in January–March
􀂄 Food inflation falls below 8%
􀂄 India's domestic travel demand up 14% this year
􀂄 May infra output up 5.3% yoy
Corporate News
􀂄 Alstom, HCC win `1,843cr hydro power contract
􀂄 Cipla's pet product infringes patent: US court
􀂄 Fortis to open 25 low-cost hospitals under the new brand
􀂄 Jyothy Lab buys 3.29% more stake in Henkel
􀂄 MindTree's former chairman, Ashok Soota, halves stake in firm
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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