24 August 2011

Economic and Political News 􀂄 Aug 24:: Angel Broking,

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Economic and Political News
􀂄 Global steel output in July rises 12%
􀂄 Government calls all-party meet to discuss Lok Pal bill
􀂄 S&P replaces president with a senior Citibank executive after US downgrade

Corporate News
􀂄 Accept all government conditions: Cairn Energy to Cairn India
􀂄 Infosys BPO forecasts 15-20% yoy revenue growth in FY2012
􀂄 IT sector to grow by 18% yoy in FY2012 says Nasscom
􀂄 No talks with TPG on stake sale says SpiceJet

Source: Economic Times, Business Standard, Business Line, Financial Express, Mint

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