Tuesday, January 4, 2011

Market Report

RBI to buy Rs 12,000 cr govt securities on Jan 5


BSE launches index-based circuit breaker system for March qtr



Amtek Auto acquires 10% equity share capital of Garima Buildprop

L&T bags Rs1,103 cr order from domestic power sector



SAIL hikes steel prices by Rs 1,000 per tonne

Dabur completes acquisition of US-based Namaste Group

KEC International strengthens order book to Rs7,500-8,000 crore

Mahindra's Yuvraj on expansion spree

R-Next acquires 26% stake in ICEX

Bank lending to infra sector shoots up 45% in 2yr period

GAIL, ONGC sign 3-year deal on gas, petrochem

JSL to double coke capacity with group company JSW's help

Jayaswal Neco ties up debt for Rs3,300-crore expansion

Panel clears Posco plant in Orissa of ecology threat

Tata Power calls off deal with Olympus

Honda to triple India motorcycle sales in 5yrs - Nikkei

Tax tangle may delay iGate-Patni deal by a week

Merck sets up first custom-solutions unit in India