Top stories on kences1 at 2PM
Friday, Mar 7
(Highlights updated every hour between 11AM and 6PM)
* India Feb 23 WPI inflation 5.02% vs 4.89% week ago.
* Head says UCO Bank may cut home loan rates by 50 bps.
* IDFC likely to buy StanChart MF for over 8 bln rupees.
* ICICI Bank buys back, extinguishes $50 mln of bonds.
* Maruti Suzuki to up Manesar plant capacity to 170,000 units a year.
* L&T, Rel Power in race for Punjab power unit; bidding ends Mar 18.
* Power failure in Delhi, Haryana, UP as northern grid lines trip.
* Thomas Cook Group to buy 75% in Thomas Cook India.
* Bharti to source sub-1000-rupee handsets from Hong Kong's Konka
* CEO says Bangalore Int'l Airport phase 2 construction started.
* Apollo Hospitals plans to set up 30 low-cost hospitals in 2 years.
* Left Front set to retain Tripura; Meghalaya heading for hung House.
* Aide says NCDEX mulls launching steel billet futures.
K.Karthik Raja
www.kences1.blogspot.com