Stock Market News – 20 Jan 2012
Starbucks is fine tuning its plans to set up stores in the country in partnership with Tata Coffee
Suzlon Group’s subsidiary, REpower Systems SE announced that the company bagged cumulative orders of 151 Mw turbines from across Europe and North America
Lenders to Air India met to vet its revised debt restructuring proposal and said the troubled government airliner could raise funds from the market through government-backed bonds as one way to repay debt
State Bank of Hyderabad launched a loan product for purchase of gold and gold ornaments that carries 13% rate of interest and a general cap of Rs1.5mn.
Reliance Capital Asset Management has sold 26% stake to Nippon Life Insurance Company in a deal signed for Rs14.50bn
Kirloskar Oil Engines Ltd has said it will consider the buy-back of its fully paid-up equity shares of face value of Rs. 2 each.

