News headlines
Oil & Gas
ONGC to ink Kazakh deal in Feb (Economic Times)
Vedanta expects to seal US$9.6bn deal for Cairn India soon (Economic Times)
ONGC set to get 10% return on Cairn fields (Economic Times)
Banks
State Bank hikes deposit rates by up to 150bp (Economic Times)
BOI raises fixed deposit rates by up to 1% (Economic Times)
RBI asks banks to open resource centres for financial inclusion (Business Standard)
Pharma
Glenmark gets US FDA nod to sell painkiller drug in US (Economic Times)
Commodity
Congress demands ED probe into Vedanta "deal" (Economic Times)
Tata Steel says Riversdale Mining stake strategic for it (Economic Times)
Tata Steel to raise UK structural steel prices (Economic Times)
SC issues notice to Centre, Orissa government and Posco (Economic Times)
IT & Telecom
BSNL seeks Rs50bn more to build defence network (Economic Times)
Bharti, Idea attack CDMA players for inflating customer numbers (Economic Times)
BSNL slashes inter-state call rates in Meghalaya, Tripura, Mizoram (Economic Times)
Aircel too opposes hike in spectrum usage charge; moves SC (Economic Times)
AOL mulls breakup, then merger with Yahoo (Economic Times)
Power, engineering & infrastructure
Suzlon Energy to merge tower biz, infra verticals with itself (Economic Times)
Bharat Forge to invest Rs19bn in NTPC JV (Economic Times)
Areva likely to sign agreement with NPCIL for 2 nuke plants (Economic Times)
Gujarat setting up Rs80bn solar power park (Economic Times)
Hindujas in pact with French companies (Economic Times)
Automobiles
Carmakers to raise prices from next year on rising input costs (Economic Times)
Toyota set to hike prices of vehicles across models in India (Economic Times)
No talks with Nissan for small car with Ashok Leyland: Hinduja (Economic Times)
Volvo Buses India targets US$1bn revenue in 5 years (Economic Times)
Hyundai to hike prices by up to 2% from January (Economic Times)
