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Tuesday, October 27, 2009

Daily News Roundup - Oct 27 2009


RIL may for the first time get to use the gas from KG D6 block as EGoM considers allocation of KG basin gas to other sectors. (ET)

Satyam-Tech Mahindra merger likely after June 2010. (ET)

Maruti Suzuki has lunched a new variant of its premier car SX4. (ET)

Government has order Serious Fraud Investigation Office probe into alleged financial irregularities of Sesa Goa. (ET)

Ranbaxy loses to Zenotech in CLB with respect to the case of appointment of two director on the board of Zenotech Lab. (ET)

HCL Info System bags BSNL deal for Rs8.9bn. (ET)

HCL Info System raises Rs7.95bn through QIP and warrant issue. (BS)

Income Tax Dept has issued a fresh notice to DLF for additional tax liability. (BS)

JSPL is in race for Mangolia’s Tavan Tolgoi coal project. (BS)

Motherson Sumi has received order worth Rs14bn from two European auto firms. (BS)

Government to reiterate ban on FDI in multi brand retail. (ET)

Government may dilute states control over sugar prices. (ET)

Fresh power capacity addition has fallen short of target by nearly a third in H1FY10. (BS)

Growth forecast in RBI survey falls to 6.0% from 6.5% projected six months ago. (BS)

Private sector credit offtake falls 2.5% while public sector bank reports 15% growth. (FE)