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May 25, 2012
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| Rupee rebounds on RBI intervention, euro recovery |
| India Infoline News Service/20:05,May 25, 2012 |
| The RBI will take the required steps, consistent with its policy, to curb swings in the rupee, RBI Governor D. Subbarao said yesterday. |
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| German consumer confidence to hold its own in June: GfK |
| India Infoline News Service/20:02,May 25, 2012 |
| The market research company in forecast that its consumer-sentiment index, based on a survey of about 2,000 people, will remain unchanged at 5.7 next month. |
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| RIM launches BlackBerry Curve 9320 in India |
| India Infoline News Service/19:47,May 25, 2012 |
| A Stylish, New Smartphone for the Socially-Connected |
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| Sharp and Sony to terminate LCD JV |
| India Infoline News Service/19:46,May 25, 2012 |
| Both the sale of shares and the payment of cash consideration will be completed by the end of June 2012. |
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| Retail Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:44,May 25, 2012 |
| Pantaloon Retail India (PRIL) has reportedly transferred 38.6% of its stake in financial services arm Future Capital Holdings (FCH) to its wholly-owned subsidiary Future Value Retail which houses the group’s value retail formats Big Bazaar, Brand Factory and KB’s Fair Price.
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| Banking Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:41,May 25, 2012 |
| The Indian rupee recovered from session lows to end slightly higher against the US dollar as the Reserve Bank of India (RBI) intervened to defend the beleaguered domestic currency and exporters sold the greenback. |
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| Agriculture Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:40,May 25, 2012 |
| The storage capacity, Covered and Cover and Plinth (CAP) available with the Food Corporation of India as on 01.04.2012 was 336.04 lakh MTs, both owned and hired. The storage capacity with state agencies for storage of Central stock of foodgrains as on 31.03.2011 was about 291 lakh tonnes including both covered and CAP capacity. |
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| Automobile Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:40,May 25, 2012 |
| Petrol prices have been raised by Rs7.5/litre leading to further increase in difference between cost per km for a petrol v/s a diesel vehicle. This would cause a severe impact on demand for petrol vehicles especially passenger car and 2-wheelers.
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| Telecom Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:40,May 25, 2012 |
| Vodafone's seeks to have an initial public offering (IPO) for its India unit may take some time as the British telco battles a slew of regulatory pressures in a key growth market.
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| Consumer Goods Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:39,May 25, 2012 |
| H&R Johnson (India), India’s leading tile, bath & kitchen player announced its foray into the premium category health bathroom product business. As part of this foray, it announced the roll-out of Johnson’s Germ-Free sanitaryware in Tamil Nadu. |
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| Oil & Gas Round Up - May 21 to May 25, 2012 |
| India Infoline News Service/19:38,May 25, 2012 |
| OMCs reportedly said they will raise petrol price by Rs. 6.28 per litre (excluding local sales tax or VAT). That translates into an increase of Rs. 7.54 per litre in Delhi.
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| Pharmaceuticals Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:38,May 25, 2012 |
| Piramal Healthcare Limited announced today that Phase I clinical trial data for its investigational new drug candidate P1446A-05 will be presented at the Annual Meeting of the American Society for Clinical Oncology (ASCO) being convened in Chicago from June 1-5, 2012. |
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| IT Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:36,May 25, 2012 |
| Karnataka Government has cleared Infosys’ Rs6bn SEZ project in Bangalore, according to reports. Reports stated that the new facility will be set up in north Bangalore and can seat 8,000 employees.
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| Real Estate Round Up - May 21 to May 25, 2012 |
| India Infoline News Service/19:32,May 25, 2012 |
| IBM announced that BPTP Limited, one of the leading Indian real estate company, has adopted IBM PureSystems to streamline its IT infrastructure and improve the overall home buying experience for its customers.
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| Infrastructure Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:29,May 25, 2012 |
| Union Minister of New & Renewable Energy Dr. Farooq Abdullah has called upon the industry leaders to invest in Solar Energy Projects in the country. He was addressing the first meeting of the Solar Energy Industry Advisory Council (SEIAC) in New Delhi |
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| Metal & Mining Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:25,May 25, 2012 |
| Tata Steel Ltd has announced that the Board of Directors of the Company has appointed Cyrus Pallonji Mistry, Deputy Chairman of Tata Sons Limited, Mumbai and Mallika Srinivasan, Chairperson of Tractors & Farm Equipment Limited, Chennai, as additional directors on the Board of the Company with effect from May 21, 2012.
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| Merger & Acquisition Round Up - May 21 to May 25, 2012 |
| India Infoline News Service/19:21,May 25, 2012 |
| Bharti Airtel Ltd, a leading global telecommunications company with operations in 20 countries across Asia and Africa, and Qualcomm Incorporated , the world leader in 3G and next-generation mobile technologies, has announced that they have signed an agreement for Bharti to acquire an interest in Qualcomm Asia Pacific’s (Qualcomm AP) Indian BWA entities.
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| Hotel & Tourism Newsletter - May 21 to May 25, 2012 |
| India Infoline News Service/19:16,May 25, 2012 |
| Taj Hotels presents yet another bespoke experience for its guests with the introduction of single malt Scotch whiskey Taj Hotels Signature Private Reserve – The Macallan 1990. |
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| Aviation Newsletter – May 21 to May 25, 2012 |
| India Infoline News Service/19:10,May 25, 2012 |
| Ajit Singh met the striking Air India pilots and reportedly said that there would be no victimisation if they resumed duty immediately and that their grievances would be considered.
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| Costco 3rd-quarter net up 19% |
| India Infoline News Service/19:08,May 25, 2012 |
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