Showing posts with label Top Stories. Show all posts
Showing posts with label Top Stories. Show all posts

Top Stories Today(19.09.2008)

* RBI Mohan says no liquidity crunch; have tools to manage liquidity.
* ONGC FY09 capital expenditure at 193.4 bln rupees, up 10% on year.
* Indian Oil to up refining capacity to 80 mln tn by FY12 vs 60.2 mln.
* JSW Steel gets iron, manganese ore mining licence in Jharkhand.
* Head sees Tulip Telecom FY09 sales up 50%, profit 100%.
* Videocon, BPCL JV buys EnCana Brasil Petroleo for $283 mln.
* Garware Offshore says S Africa order to get 220-mln-rupee revenue/yr.
* India crude oil basket up $2.1 at $89.06 per barrel Thu.
* India oil futures end firm Thu amid volatile overseas markets.
* Food Corp to float wheat sale tender for bulk buyers in 2 weeks
* Govt says FY09 fiscal deficit may widen ahead of elections next year.
* Chidambaram briefs Cabinet panel on global financial crisis.
* SBI head Bhatt says bank's exposure to Lehman Brothers $5 mln.
* ICICI Kamath seeing concerted short selling in bank's shares.
* RBI Mohan says no liquidity crunch; have tools to manage liquidity.
* SBI head Bhatt says banks' interest rates may not go down immediately.
* ONGC aide says co may raise $1 bln bridge loan for Imperial buy.
* M&M MD says signals from inflation, interest rates benign.
* Govt says decision on spectrum sharing by mobile cos in 2-3 mos.
* Aviation minister says Air-India capital infusion up to 10 bln rupee.
* ONGC FY09 capital expenditure at 193.4 bln rupees, up 10% on year.
* Head says IOC to raise refining capacity to 80 mln tn/yr by FY12.
* JSW Steel gets iron, manganese ore mining licence in Jharkhand.
* Food Corp to float wheat sale tender for bulk buyers in 2 weeks.

Top Stories on Kences1

* India Jun industrial growth 5.4% vs 8.9% year ago.
* S&P sees India inflation in double digits until Feb, repo hike Oct.
* Govt may up rates for its newspapers advertisements in 15 days.
* Govt to seek Cabinet OK for continuing with export sops month end.
* Infosys Tech estimates FY09 gross hiring at 25,000 vs 35,000 year ago.
* BSNL head says to appoint merchant bankers only if unions OK with IPO.
* Tesco plans India cash-and-carry; in advisory pact with Trent.
* Oriental Bank of Commerce, Indian Bank hike BPLR.
* India Jul cement output up 9.6% on yr; sales up 8.5%.
* RIL-RNRL case: RNRL counsel seeks prosecution of Mukesh Ambani.
* L&T consortium gets 25.45-bln-rupee order from Tata Steel.
* Panacea Biotec gets $34.2 mln vaccine supply order from UNICEF.

Top Stories on Kences1

* India Jul car sales down 2% on year, motorcycles up 22%.
* Fin min source expects 130-bln-rupee RBI dividend by Aug 18.
* India's shooter Abhinav Bindra wins gold medal at Beijing Olympics.
* NALCO cuts aluminium product prices by 4,000 rupee/tn.
* Lehman says India shrs "least attractive" based on dividend yields.
* Joint MD says Indo Asian reviewing power generation plan.
* ICICI Home Finance to raise funds via 2-, 3-, 5-yr bonds Tue.
* Uttar Pradesh power SPV opens bids for 1,320MW thermal power unit.
* State Bk of Bikaner & Jaipur ups BPLR by 50bps to 14% from today
* Venus Remedies gets India drug controller OK for 4th research pdt
* SpiceJet in definitive pact with WL Ross for $100 mln investment
* FMC directs exchanges to improve spot polling mechanism.
* Indian crude oil basket down $2.35 per barrel to $113.60 Fri.

Top stories on Kences1

* India Jul 26 WPI inflation rate 12.01% vs 11.98% week earlier.
* Plan panel Montek sees inflation easing to single-digit level FY09.
* Bank of England keeps official bank rate unchanged at 5%.
* Parliament OK mandatory for banks to get farm loan waiver money.
* BSNL, MTNL get spectrum for 3G, wireless broadband services.
* Hero Honda raises prices of 100cc mobikes by up to 850 rupees.
* Mining body sees FY09 iron ore exports dn 50% on ad valorem duty.
* Dr Reddy's withdraws proposed 8.41 mln convertible warrant issue.
* Head says Andhra Bank NIM protection priority; ups BPLR by 75 bps.
* BSNL dangles ESOP carrots for workers to drop IPO opposition.
* Bajaj Auto MD Rajiv Bajaj says to launch 3 XCD variants by Feb.
* RBI OKs IOC to use Paradip refinery credit line as working capital.
* Aide says Uttam Galva keeping share buyback option ready.
* ITC to up Bristol, Gold Flake Premium cigarette prices by end-Aug.
* Govt official says reviewing sugar mkt; may take steps to cool prices.

Top stories on Kences1 at 3PM

* Chidambaram sees interest rates moderating 6-12 months.
* Merrill Lynch says India among most adversely hit mkt on high oil rate.
* Govt to seek 3G spectrum global bids; BSNL, MTNL to get it right away.
* Yes Bank hikes PLR by 50 bps effective today.
* Tata Motor Fin mulling loan rate hike after 100 bps increase in Jun.
* M&M Jul total vehicle sales excluding tractors 18,407 units.
* Tata Steel sets up holding co for overseas steel, mining assets.
* CMD says Videocon Ind to hike some consumer durable product prices.
* Bajaj Auto Jul total sales 193,704 units vs 185,890 yr ago.
* India Jun exports up 24% on year, imports 26%.
* Semiconductor policy attracts invest proposals worth 929 bln rupee.
* L&T ops head Nayak sees FY09 revenue growth 20-25% vs 30% guidance.
* Oil ministry says govt to soon discuss fresh oil bond OMO with RBI.
* Govt to review ban on futures trade in 4 pdts, grain export next wk.
* Himachal Pradesh to buy 1.4 mln L mustard oil for Aug-Sep delivery

Top stories at 6PM

* Left parties to meet Tue; may withdraw support to UPA govt by Thu.
* Banks to get 250-bln-rupee part payout for farm loan waiver in Aug.
* GAIL to focus on petrochem business; plans to up Pata unit capacity.
* Lehman says Asian mkts expensive; recommends selling Indian shares.
* Infosys invests A$1.9 mln in Australian R&D operations
* TVS Motor sees inflation hurting 2-wheeler sales; FY09 growth pegged 20%.
* State Bank of Travancore hikes BPLR by 50 bps to 13.50% from Jul 1.
* Suzlon's Tanti family-run Colossus Holdings' JV buys China co.
* Havells CFO says German arm to begin sourcing CFLs from India Aug.
* L&T gets 4.46-bln-rupee transmission line order.
* Govt says no plan to ban cotton exports.
* PEC to import 24,000 tn crude soyoil at $1,466-1,468/tn.
* India Apr-May spices export 98,570 tn, up 20% on year.

Top stories on kences1 at 12PM

Top stories on kences1 at 12PM
Wednesday, Jan 16.

* Aviation minister seeks tax break on M&As in aviation sector.* Small investor needs 96,750 rupees to gain most from Reliance Power IPO.* Corporation Bank head sees rates stable with downward bias.* Vedanta plans 240-bln-rupee steel plant in Orissa.* Essar Oil to fund Kenya refinery buy via debt, equity.* Ispat mulls power business hive-off; to supply steel for Tata Nano.* Aide says Sunil Hitech raises 810 mln rupees via QIP.* GE Shipping contracts to sell another product tanker.* Wipro says not in talks to buy Cap Gemini.* Stork Prints makes 225.75 rupee per shr open offer for Stovec Ind.* Banswara Syntex says no plan to buy Carreman Michel for 4-5 bln rupee.* Govt releases about 100,000 tn more open mkt sugar for Jan..End.Filed by Vandana Hingorani.

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