Friday, February 5, 2010

Indian News Papers ...



± L&T, EADS in talks to revive defence joint venture. (ET)

± M&M initiates talks with UK-based Triumph Motorcycles and Moto Guzzi, Italy to roll out premium bikes for the Indian market. (ET)

± GTL plans to raise Rs14bn through non-convertible debentures to invest in green energy products and solutions for telecom infrastructure. (ET)

± Reliance Capital Partners buys 3.4% stake in Fame India. (BS)

± ACC net up 42% at Rs15.64bn as against Rs11bn in the year-ago period. (ET)

± Ambuja Cements records a 12% fall in yearly consolidated net profit at Rs12.16bn as against Rs13.89bn. (ET)

± Essar Oil plans to increase its number of petrol pumps to 2,000 in the next few months from 1,450 currently. (ET)

± Dalmia Cement hikes its stake in OCL India from 21.7% to 45.4%. (BS)

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