Tuesday, 27 August 2013

NEWS WRAP - AUGUST 27, 2013

  • Saudi Aramco eyes stake in ONGC Petro Additions Ltd (OPal); to acquire up to 30% stake in Gujarat Petrochem Project.
  • CX Partners in talks to buy Future Venture's 28.3% stake in Biba Apparels for Rs. 300 crore.
  • Airport Privatisation may lead to higher fares: IATA.
  • State owned Fuel Retailers likely to get Rs. 8000 crore Cash Subsidy on September 17 for first Quarter.
  • USDFA warns 2 more Indian firms 'Promed Exports and Posh Chemicals' for manufacturing lapses; most of the companies no longer get 3 months' notice before inspection.
  • Around 20 Indian Air Charter Operators including Taj Aviation, Reliance Commercial Dealers and Oberoi Group's Charter Devision to request DGCA to lift ban on all their International Flights.
  • Bharat Biotech launches Typbar-TCV, the world's first clinically proven Typhoid Conjugate Vaccine.
  • Videocon slashes call rates to US and Canada by 98%, makes ISD Cheaper than local calls.
  • BSE to suspend Trading in Securities of 15 Companies including Koutons Retail and Dunlop India for failure in complying with the provisions of Listing Agreement.
  • NSE sells over 2% MCX - Multi Commodity Exchange.
  • SEBI imposes Rs. 40 lakh fine on Ankur Drugs and Pharma for non-disclosures of Pledged Shares of Promoters.
  • Tata Group Firm Indian Hotels to open 19 new properties under 'The Gateway Hotels and Resorts' in four years.
Source: Economic Times

No comments:

Post a Comment