Wednesday 28 December 2011

today's tips for stock market

1.Reliance Communications is in the final stages of talks with

private equity firms Carlyle and Blackstone to sell its tower

unit.

2.NTPC installed capacity has gone up to 36,014 MW, with the

commissioning of another 660 MW unit at the Sipat plant in

Chattisgarh

3.Havells India along with a Chinese partner will invest up to

$100 million (nearly Rs 530 crore) in the next three years to set

up a manufacturing facility at Jiangsu province in China.

4.Adani Enterprises has floated international tender for selecting

a logistics service provider, who would be responsible for

delivery of coal to various thermal power plants.

5.Global steel producers are now starting to slam on the brakes

in response to dimming short-term prospects for demand.

Annualised global steel output slumped to 1,405 million tonne

in November, the lowest level this year.


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