Sunday, 11 August 2013

NEWS WRAP - AUGUST 10, 2013

  • Domestic Steel producers oppose Government's easing of Import rules.
  • RIL, IOC, ONGC, GAIL among 8 firms in race to buy 25% stake in LPG Import Terminal, to come up at Mundra, Gujarat.
  • Tata Steel wins order to supply rails to High Speed Rail Line Project linking 2 holy states Mecca and Medina.
  • Ad War: HUL's Pepsodent 'Germicheck' Toothpaste takes on Market Leader Colgate, latest Advertisement has been strategically timed giving enough visibility to P&G's Colgate in its Ad.
  • IT Refunds help BSNL to bring down its losses to Rs. 8100 crore.
  • Ratnakar Bank acquires Royal Bank of Scotland's (RBS) Commercial and Home Loan Portfolio and Credit Card Business in India.
  • SEBI imposes Rs. 12 Lakh penalty on 3 entities for non-compliance with SEBI's Summons in Sanjay Dangi Case.
  • Consumer Forum directs Spice-Jet to pay Rs. 1 Lakh for Unfair Trade Practice making family members board different flights despite of confirmed tickets.
  • Blackberry warming up to possibility of going Private to fix its problems out of public eyes.
Source: Economic Times

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