Mumbai : A summary of important events and top news paper headlines for 12-September-2012.
Main Events :
09:30 am – RBI ED Padmanabhan to deliver a special address on financial inclusion at the 5th Financial Inclusion and Digital Payments conference organised by Internet and Mobile Association of India. Location – Mumbai
11:00 am – Finance Minister Chidambaram to meet heads of nine cash-rich PSUs to push investments Location – New Delhi
02:30 pm – MCX-SX. to talk on membership drive. Location – New Delhi.
03:00 pm – IMG Meet – Inter-Ministerial Group on coal to meet to finalise recommendation on 29 coal blocks, which have been issued show-cause notice. Location – New Delhi.
05:30 pm – Agriculture Minister Pawar to address a press conference on the drought situation. Location – New Delhi.
Stocks in Focus :
Service Tax order : IRB Infra
Sole Supplier pact : HINDALCO
Delay in delivery of aircrafts : SPICEJET
Commision of HV substation : Reliance Infra
US FDA node : Cadila Healthcare
Top media picks :
As Hero Splendor stalls, rivals rev up for commuter bike race (HBL)
PNGRB cuts GSPL rate for Gas Grid by 40% (BS)
Eight PSUs likely to hit market in Q3: Disinvestment Secretary (HBL)
Sebi may crack down on corporate executive pay (BS)
UPA core group to have final say on fuel price hike (FC)
Govt to India Inc: Don’t ask for tax-cuts, exemptions (HBL)
IMG to miss September 15 deadline (BS)
Firms line up for overseas debt to cut domestic loans (FC)
FabMart.com plans expansion (HBL)
News paper legend : BS – Business Standard, ET – Economic Times, FE – Financial Express, HBL – Hindu Business Line, Mint – Livemint, FC – Financial Chronicle