News Headline Summary

Pre-market Indian stock news...

Jindal Steel and Power (JSP IN)
- Co. is spending at least USD 1.6bln on cost cutting plant technology. (Newswires)

- Q4 profit may decline to INR 2.28bln from INR 4.7bln previous year. (Newswires)
Tata Power (TPWR)

- Signs teaming accord with Rockwell Collins. (Newswires)

India will reduce its military budget and boost domestic weapons production as govt tightens its spending, according to Defence Minister A.K. Antony. (Newswires)

Broker Moves
- Cipla (CIPLA IN) cut to neutral at HSBC.

For more Indian stock news, please access the link below to be directed to the Economic Time's list of fifteen stocks in focus.

07 Feb 2013 - 03:22 - Equities - Source: Newswires

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