•    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 …

Buy Akruti City above Rs 1210. Stop Loss of Rs 1187, target of Rs 1239-Rs 1247-Rs 1270. (Intra-day/Positional Call)
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Corporate News Headline
•    Tata Motors has entered into an understanding with State Bank of Travancore for financing its range of passenger vehicles. (BS)
•    IIFCL is planning to raise USD 250 mn from overseas market for funding seven projects, including Reliance Power Sasan power project and Tata Power’s Mundra power project. (BS)
•    National Aluminium is planning to import as much as 150,000 MT of coal next month to avoid disruptions in production. (Bloomberg)
Economic and Political Headline
•    The government has imposed up to 35% safeguard duty on specified aluminium products to protect …

Buy Dena Bank on declines with stop loss of Rs 28 for a target of Rs 36
Buy Nifty 2600 March Call at Rs 69
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Corporate News Headline
•    Tata Communications has dropped the option of rights issue as of now and will incur a capex of USD 400-500 mn in 2009-10. (BS)
•    Nagarjuna Construction has bagged three new contracts aggregating Rs. 2.63 bn. (BS)
•    Cairn India is planning to spend as much as USD 1.8 bn in 2010 and 2011 to produce crude oil from its field in Rajasthan. (Bloomberg)
Economic and Political Headline
•    Industrial output showed negative growth for the second month in a row, the decline being 0.5% in January, highlighting that stimulus packages …

Sell Tata Steel on rallies with stop loss of Rs 168 for targets of Rs 145-Rs 140
Buy McLeod Russel only on sharp decline with a stop loss between Rs 42-Rs 40 for short-term targets of Rs 54—Rs 58
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Corporate News Headline
•    KEC International has bagged three orders aggregating Rs. 3.65 bn from different vendors for construction of transmission lines. (BS)
•    Satyam Computer has received approval from the SEBI to facilitate a global competitive bidding process which enables it to select an investor to acquire a 51% interest in the company. (BS)
•    Bharati Shipyard bagged a Rs. 2.81 bn contract from the Ministry of Defence for supplying 15 interceptor boats for Indian coast guard. (BS)
Economic and Political Headline
•    The Commerce and Industry Ministry said that the index of six …