Daily News Roundup - Jan 29 2010

RIL leases gasoline storage in the Caribbean. (BS)
BHEL inks JV with Madhya Pradesh Power Generation Company Ltd for 1,600MW unit. (BS)
NTPC chalks out ambitious expansion plan in Gujarat. (FE)
Tata Steel forms JV with Nippon Steel for production and sales of automotive cold-rolled flat products at Jamshedpur. (ET)
HPCL plans Rs250bn investment for 15mtpa refinery. (ET)
HCL Tech inks US$50mn deal with UK-based Meggitt to provide engineering services. (BS)
Cairn India to supply Rajasthan crude to IOC. (BL)
DOCOMO can get controlling stake in JV if Tata Teleservices fails to meet targets. (ET)
Essar Steel to double retail outlets and add new products. (BL)
SREI-led consortium buys 57% in DPSC for Rs1.72bn. (ET)
Havells buys Standard Electricals for Rs1.2bn. (ET)
Aptech acquires Maya Academy for Rs760mn. (ET)
Ceat mulls entry into OTR tyre maintenance business in the next fiscal. (BL)
Graphite India to set-up 50MW plant at Durgapur. (BL)
LMW to make parts for aerospace and defense sectors. (BL)
Spectrum usage fees go up by 20% from January 1, 2010. (ET)
Government boosts PDS grain flow to fight against inflation. (ET)
Decline in farm output may pull down GDP growth in Q3 FY10 to 6-6.5%, says Pronab Sen, the Chief Statistician of India. (ET)
Food Inflation eased to 16.81% for the week ended January 9, 2010. (BL)
Trai moots plan to charge operators for phone number allocations. (BL)
Government to start 3G auction on February 25, 2010. (BS)