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Monday, September 15, 2008

  • BT may sell it’s 31% stake in Tech Mahindra to TCS - ET
  • NELP crude may attract special tax - ET
  • IFCI still on a lookout for strategic investor but seeks clarity on optionally convertible debentures held by Government Of India - FE
  • Tata Motors sees 31.25% drop in HCV production - FE
  • Rs 5000 crore relief package for airlines on card - ET ((Airport charges to go down by half; Excise Duty on ATF likely to go))
  • GSPC cuts IPO size from Rs 5000 crore to Rs 3500 crore after Gujarat Government’s move to garner 30% of PBT for social causes - BS
  • Government unlikely to allow Reliance to export LNG from RPL refinery - ET
  • Enhanced DEPB rate likely to continue for the next six months - ET
  • Japanese giant NTT DoCoMo to buy 25% of Tata Tele, deal worth Rs 6700 crore - BS
  • Referendum on SEZ stumps RIL, farmers opinion sought whether they are ready to part with their land- BS
  • Overseas arm of Wadia owned Bombay Burmah Trading Corp to raise around Rs 900 crore - ET
  • Government cuts stamp duty on P-notes, debentures - ET
  • Essar Oil close to raising USD 5 billion from 4 banks to fund Gujarat refinery expansion - BL
  • European Investment Bank Rothschild scouts for potential buyers for four divisions of Corus; Tata denies asking bank to find buyers for those assets - Mint
  • Bajaj considers new brand for low cost bikes-Mint
  • DoT to audit user base prior to 2G spectrum allotment, DoT rejects FinMin plea to raise reserve price-ET
  • Arvind to inject Rs 600 crore into retail and brand expansion till 2012 - Mint

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