13-Jun-08
Headlines for the day
Corporate News Headline
Reliance Industries would commission its new refinery and Krishna-Godavari Basin gas fields in 3-6 months. (ET)
Wipro is bidding for 12 contracts worth at least USD 100 mn each as it seeks bigger clients. (Bloomberg)
SAIL would set up three steel processing units in Madhya Pradesh to manufacture value added products. (ET)
Economic and Political Headline
The Industrial production growth in April stood at 7% from a year earlier, after gaining a revised 3.9% in March. (BS)
The
government announced a reduction in prices of complex fertilisers to
encourage farmers to use nutrient-based organic instead of regular
nutrient like urea and DAP. (ET)
The
retail sales in the US rose 1% in May as the Americans used their tax
rebates to shop at electronics and department stores, and record
gasoline prices swelled service-station receipts. (WSJ)
Headlines for the day
Corporate News Headline Reliance Industries would commission its new refinery and Krishna-Godavari Basin gas fields in 3-6 months. (ET) Wipro is bidding for 12 contracts worth at least USD 100 mn each as it seeks bigger clients. (Bloomberg) SAIL would set up three steel processing units in Madhya Pradesh to manufacture value added products. (ET) Economic and Political Headline The Industrial production growth in April stood at 7% from a year earlier, after gaining a revised 3.9% in March. (BS) Thegovernment announced a reduction in prices of complex fertilisers to
encourage farmers to use nutrient-based organic instead of regular
nutrient like urea and DAP. (ET)
Theretail sales in the US rose 1% in May as the Americans used their tax
rebates to shop at electronics and department stores, and record
gasoline prices swelled service-station receipts. (WSJ)
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