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• NTPC may have to relocate proposed 1,980 MW plant from North Karanpura
• M&M says Ssangyong Motor may make India manufacturing base
• GDF Suez keen to join race for UK-base BG's 65% stake in Gujarat Gas Co
• GMR Infra withdraws bid for contracts to modernise 3 airports in Brazil
• Open offer to buy 26% in Esab India |
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• Dena Bank, Syndicate Bank may sell shares next few months to raise funds
• NMDC Limited, in the process of acquiring two coking coal projects in Russia and Australia,
• Reliance Broadcast Network Ltd (RBNL) is on the international expansion, initially focussing on the SAARC region
• Piramal Health to buy 5.5% more in Vodafone India for 30 bln rupee |
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• IOC launches new polypropylene grades for use in plastics industry
• Adani Power, An Adani Group company has emerged as the lowest bidder for importing 4 mln tn of coal for NTPC
• Bhushan Steel has put its proposed 200-bln-rupee steel plant in West Bengal on hold
• Cairn India has been unable to begin work on its 80-km pipeline in Salaya to Bhogat in Gujarat amid opposition from some
groups |
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• Cipla has received the US Food and Drug Administration's tentative approval for an additional strength of combination antiretroviral
drug abacavir sulphate and lamivudine
• Gvk Power & Infrastructure, Group GVK plans to acquire two under-construction thermal power plants in Andhra Pradesh.
• Kale Consultants has earmarked 129.75 mln rupees for a share buyback at price not exceeding 160 rupees per share. The
buyback will start on Feb 20, and end on Jan 13, 2013. |
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• Kansai Nerolac Paints is eyeing double-digit revenue growth in the current financial year and is planning to invest 4 bln
rupees for capacity expansion by September
• larsen & toubro will double sales by 2017 by raising the share of its overseas revenues to a fourth, consolidating its Indian
businesses, benchmarking its larger business to international peers, and exiting businesses under 5 bln rupees |
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• Uttam Galva Metallics has picked up 24% stake in Lloyds Steel
• Om Metals Infraprojects in pact with Germany's DSD Noell for technical co-operation in India and to bid for large
hydromechanical projects in the Indian subcontinent |
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• Reliance Industries has assured Parliament's public accounts committee it is willing to surrender 25% of the area explored in
the Krishna-Godavari basin's D6 block.
• Reliance Industries has proposed to charge a $0.15 levy in lieu of marketing costs on the sale of gas produced from coal
seams. |
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• Tata Motors has opposed the proposal to cut import duty on European cars saying it would hinder growth of the domestic
automobile industry
• Tata Power says Mundra ultra mega power project could turn into a non-performing asset for banks if tariff is not raised
• Tata Power's new 2020 plan to source 50% of capacity generation abroad |
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• Tata Steel Mineral Canada, an arm of Tata Steel, has inked a rail transportation contract with Quebec North Shore and
Labrador Railway Co
• LIC may buy shares of small PSU banks, support govt capitalisation plans
• TRAI is of the view that the spectrum available from cancellation of 122 licences should be auctioned in phases |
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• A Supreme Court committee investigating illegal mining in Karnataka has, in its final report, recommended cancelling the
leases of 49 mines that have violated the terms of their licence
• Government may make it mandatory for all information technology and telecommunications public sector units to source
30% of their purchases from domestic equipment makers |
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• CBI court dismisses plea to make Chidambaram co-accused in 2G case |
