Top stories on kences1 at 6PM

[K.Karthik Raja]

Top stories on kences1 at 6PM
Friday, Jun 13

* SBI head Bhatt says will try to absorb 25 bps RBI repo rate hike.
* OPEC says high oil prices due to speculation, geopolitical issues.
* Finance ministry OKs 13 FDI proposals worth 15.25 bln rupees.
* Indian cos to invest $3 bln to develop gas in Iran's Farsi block.
* HCL Infosystems says market "tough"; may give 8-10% wage hike FY09.
* YES Bank's Rao sees another repo rate hike if crude surges.
* Axis Bank to set up wholly-owned arm for MF operations.
* Mahindra Lifespace sees slowdown in realty continuing for 2 yrs.
* Uttam Galva Steels to invest 3 bln rupees in 60MW power plant.
* Unichem Laboratories gets Europe OK for Roha facility
* Man Industries arm to develop 7 realty projects in 3 years.
* Govt says 2008 wheat procurement tops 22 mln tn.
* Met says southwest monsoon hits parts of Punjab, Haryana.

[K.Karthik Raja]

Top stories on kences1 at 6PM

Monday, Jun 16

* Crompton Greaves: Not contemplating divestment of project ops.
* FOCUS: India gold demand losing sheen, but ETFs could save the day.
* NewFund: Sundaram BNP MF launches 13-mo income plan; NFO to end Wed.
* RBI buys total 11.10 bln rupees oil bonds from HPCL, IOC today.
* Most base metals up on weak dollar; lead slips as stockpiles rise.
* Chidambaram says list of farm loan waiver beneficiaries by mo-end.
* Low intensity rains may reduce Kerala cardamom, pepper output FY09.
* Additional excise duty on big cars to up price 20,000-30,000 rupee.
* IOC Jun 16-30 oil pdt sale gross revenue loss 3.57 bln rupees/day.
* YES Bank hikes prime lending rate, deposit rate by 50 basis points.
* TRAI says not to allow spectrum ownership by virtual operators.
* SriLankan Airlines says no stake sale plans; eyes India synergies.