Daily News Roundup - Nov 19 2010

Promoters of Patni Computers, General Atlantic revive plans to stake sale. (ET)

NALCO, JSW Steel and Jai Prakash Industries have evinced interest in setting up an aluminium refinery and aluminium smelter in Kutch, Gujarat. (ET)

ONGC’s oil output is expected to go up signifcicantlky in the current fiscal on the back of higher reserves accretion. (ET)

JBF Industries has acquired 100% stake in its unit JBF Global Pte ltd for US$104mn. (BL)



Sun Pharma has received US FDA approval to market Clarinex tablet and Tiazac Capsules. (ET)

ONGC to invest Rs5bn in renewable energy R&D. (BS)

Bharti Airtel crosses 200mn subscriber mark; sports a new brand logo. (ET)

BEL expects Rs7bn order for coastal surveillance. (BS)

TRAI asks government to cancel 69 licenses of six telecom companies. (BL)

Food inflation drops to a 12-month low of 10.3% for the week ended November 6th 2010. (ET)

India’s GSM subscriber base grew 3% in October with addition of 14.mn customers. (ET)

FDI inflows rise 40%yoy in the month of September to US$2.1bn. (ET)