28 September 2011

Economic and Political News 􀂄 Sept 28; Angel Broking,

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Economic and Political News
􀂄 RBI issue revised draft norms for securitization of loans
􀂄 Core sector grows 3.5% in August
􀂄 Cellphone shipments dip 3% qoq in Apr’11-Jun’11, up 6% yoy
􀂄 Finance Ministry to monitor 10-15 large infrastructure project

Corporate News
􀂄 JSW Steel to shut plant if iron ore supply does not improve
􀂄 Reliance Communications in advanced talks to sell tower unit stake
􀂄 Glenmark Pharma’s US arm gets US FDA nod for migraine tablets
􀂄 GMR Infra bags `7,200cr highway project

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

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