| Corporate News Headline | |
| • | JSW Steel has reported a 33% rise in crude steel production to 4.59 lakh tonnes in May 2009. (BS) |
| • | C&C Constructions has bagged two orders worth Rs. 3.75 bn from Jaiprakash Associates. (BS) |
| • | ONGC approved the revised cost estimates for developing the nation's most prolific on-land oilfield in Rajasthan and agreed to invest around USD 350 mn more in the fields operated by Cairn India. (ET) |
| • | The government's direct tax collection in May this year recorded a 16.88% jump to Rs. 119.19 bn from Rs. 101.98 bn in the same month last year. (BS) |
| • | Payrolls in the US fell by 345,000, the least in eight months, after a revised 504,000 loss in April, reinforcing signs that the deepest recession in half a century is starting to abate. (Bloomberg) |
| • | Rio Tinto Group, the world’s third-largest mining company, scrapped an investment from Aluminum Corp. of China in favor of raising USD 21 bn from a share sale and an iron-ore venture with BHP Billiton Ltd. (Bloomberg) |
Monday, June 8, 2009
Headlines : 8 June 2009
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