•    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 …

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 …

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 …

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 …

Corporate News Headline
•    Tata Motors joined hands with public sector lender Punjab National Bank to provide financing facilities to consumers for its passenger cars. (BS)
•    GAIL India has bought another liquefied natural gas cargo from Royal Dutch Shell for USD 8.30 per mn British thermal units and has booked two more for April and May. (BS)
•    ONGC approved an investment of about Rs. 35 bn for putting in additional facilities at its oilfields in Assam and Western Offshore to boost output and also reported five oil and gas discoveries. (BS)
Economic …

Corporate News Headline
•    ONGC is borrowing about Rs. 90 bn from a group of banks to part fund the Rs. 124.4 bn petrochemical plant it is building at Dahej in Gujarat. (BS)
•    DLF has been refunded the license fee amounting to Rs. 2.03 bn by the Haryana government for its proposed real estate projects in Gurgaon. (BS)
•    NTPC is planning to raise over Rs. 120 bn from both national and international sources in the next financial year for funding its future projects. (BS)
Economic and Political Headline
•    India’s exports contracted by …

Corporate News Headline
•    Jindal Steel and Power bagged USD 8 bn project to convert coal into liquid petroleum and would produce 80,000 barrels of crude oil a day. (BS)
•    Suzlon Energy has won a 100 MW world Bank-backed project in China. (BS)
•    IVRCL Infrastructures and Projects bagged seven projects worth Rs. 6.7 bn from different agencies for construction related works. (BS)
Economic and Political Headline
•    Liberalisation of the ECB norms has failed to have an impact on inflow of capital from the overseas markets as the funds raised by India Inc …