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•    Suzlon Energy is exploring ways to raise finance, including private equity placement, for funding its operations and growth plans. (BS)
•    KEC International had bagged two orders worth Rs. 2.91 bn from Power Grid Corporation of India. (BS)
•    Areva T&D has bagged the first private sector ultra high voltage generator transformers order from Lanco Infratech valued at over Eur 33 mn. (ET)
Economic and Political Headline
•    Inflation drastically fell to a two-decade low of 0.44% in the first week of March as food and fuel items turned cheaper. (BS)
•    The US …

Corporate News Headline
•    Reliance Industries is planning to sell petrol and diesel from its twin refineries at Jamnagar in Gujarat directly to the US. (ET)
•    Ashok Leyland has reduced its investment size and plans to save Rs. 10 bn in the next three years, as part of a conscious effort to trim its capital expenditure. (BS)
•    Dr Reddy’s Laboratories has crossed the figure of USD 150 mn in revenue in the Russia and CIS region for the fiscal year 2009. (ET)
Economic and Political Headline
•    The IMF advised India to initiate …

Corporate News Headline
•    Maytas Infra has sought extension of time to achieve financial closure for the Rs. 121.32 bn Hyderabad Metro Rail Limited project. (BS)
•    Maytas Infra has sought extension of time to achieve financial closure for the Rs. 121.32 bn Hyderabad Metro Rail Limited project. (BS)
•    Bharat Petroleum sold Rs. 950 mn of bonds to the country’s central bank to fund its purchases of crude oil. (Bloomberg)
Economic and Political Headline
•    The government has collected Rs. 2,962 bn from direct taxes so far this fiscal, prompting the authorities to assert …

Corporate News Headline
•    HCL Technologies signed a seven-year total IT outsourcing services engagement with Readers Digest Association worth USD 350 mn. (BS)
•    ONGC has agreed to sell 19% stake in ONGC Petro-additions Ltd to GAIL for Rs. 124.4 bn. (BS)
•    Essar Oil has deferred expansion of its Vadinar refinery in Gujarat by a year but will add the new unit at USD 400 mn less cost than previously projected. (BS)
Economic and Political Headline
•    The Central government is planning to launch a special purpose vehicle, International Coal Venture, with an initial …