Market Buzz: 06-03-2012

Market Buzz

  • Siemens said it has bagged Rs 130 crore order from Maharashtra State Electricity Distribution Company
  • Rural Electrification Corporation tax free bond issue to be open today, which will raise Rs 3000 crore.
  • RCom in a consortium led by IT firm HCL Infosystems have bagged the Rs 300 crore contract for Aadhaar
  • Tata Communications plans to raise $2bn loan for Cable & Wireless Worldwide bid
  • IDBI Bank launches India’s first online retail G-Sec portal
  • Titan to expand eye-wear outlets to 250
  • CNG rates up 5% in Delhi; IOC, Bharat Petroleum and others mull raising petrol prices by Rs 5/lt
  • 60 cos may lose licence for going slow on coal blocks
  • Axis Bank said it has raised $500 million (about Rs 2,250 crore) through bonds to fund its overseas expansion.
  • Govt bans cotton exports with immediate effect
  • HSBC’s Business Activity Index for Services fell to 56.5 in February from 58.0 in January.
  • Jaguar Land Rover, Chery await ‘okay’ for $2.8 bn China JV

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