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  • SINGAPORE, Oct 12- India's diesel exports for October are expected to increase by 20 to 30 percent from previous months as domestic demand remains poor due to the delayed monsoon season and a weak economy, industry sources said on Friday.

  • MUMBAI, Oct 12- India's HDFC Bank Ltd will consider reviewing the bank's base rate at some point during the current quarter as deposit costs have come down, Executive Director Paresh Sukhtankar said on Friday.

  • MUMBAI, Oct 12- UK- based The Children's Investment Fund Management said on Friday it has filed a lawsuit in Calcutta High Court against the directors of state miner Coal India Ltd for failing to perform their functions with care and skill.

  • VW eyes budget brand by 2015 to rival Dacia-sources Friday, 12 Oct 2012 | 5:13 AM ET

    *Cars to be priced between 5,000- 10,000 euros- sources. BERLIN, Oct 12- German carmaker Volkswagen. Europe's biggest carmaker is eyeing a price range of between 5,000 and 10,000 euros for the budget cars which may include a van, estate and a small sedan, the sources said, confirming a report in German business daily Handelsblatt.

  • Kingfisher flights in doubt as online sales halted Friday, 12 Oct 2012 | 5:02 AM ET

    MUMBAI, India-- India's Kingfisher Airlines has stopped selling tickets on its website through Oct. 20, casting doubt on its promise to end a two week shutdown Friday. Kingfisher, once one of India's best airlines, grounded flights on Oct. 1.

  • Oct 12- HDFC Bank, India's No.3 lender, met forecasts with a 30 percent year-on-year rise in second quarter profit, led by stronger loan growth, greater fee income and stable net interest margins.

  • MUMBAI, Oct 12- As pressure builds on India's central bank to ease monetary policy after a slew of fiscal and economic reforms, the debt market is cautiously positioning for policy rates to be cut, but remains unconvinced that it will happen this month.

  • Kingfisher likely to halt flights through Oct. 20 Friday, 12 Oct 2012 | 4:37 AM ET

    MUMBAI, India-- India's Kingfisher Airlines is unlikely to end its two week shutdown Friday, as planned. Kingfisher, once one of India's best airlines, grounded flights on October 1.

  • India's HDFC Bank Q2 net up 30 pct, meets forecast Friday, 12 Oct 2012 | 4:27 AM ET

    Oct 12- HDFC Bank, India's No.3 lender, met forecasts with a 30 percent rise in quarterly profit, led by stronger loan growth, better fee income and stable net interest margins.

  • NEW DELHI, Oct 12- Troubled Indian carrier Kingfisher Airlines may be allowed more time beyond the 15 days it was given to reply to a notice from the civil aviation regulator, two regulatory sources said on Friday.

  • NEW DELHI, Oct 12- India's industrial output growth is likely to pick up in coming months, C. Rangarajan, chairman, Prime Minister's Economic Advisory Council, said on Friday.

  • Oct 12- Chemring Group Plc said U.S. private equity company Carlyle Group has been granted another extension to the "put up or shut up" deadline to hammer out an offer for the defence equipment maker. The UK takeover panel has extended until Nov. 9 the deadline for Carlyle to table a firm bid for Chemring or walk away.

  • *Government wants RBI to ease policy at Oct. 30 meeting. NEW DELHI, Oct 12- India's industrial output rose modestly in August but not enough to end a long slump in Asia's third largest economy, while inflation slowed, improving the case for a cut in interest rates that both businessmen and politicians have been pleading for.

  • to' buy' from' neutral' and raises its target price to 38 rupees from 27 rupees. *The removal of the overhang makes Unitech an "attractive risk-reward" stock, while valuations are also compelling, Citigroup says in a note dated on Friday. *Unitech is seeing steady sales and new launches, while execution is showing signs of improvement, Citigroup argues.

  • Oct 12- Top Indian telecoms carrier Bharti Airtel. lost almost 1 million mobile customers in September, data released by an industry body showed, as carriers in the world's second-biggest wireless services market continue to disconnect inactive users in a clean-up drive.

  • MUMBAI, Oct 12- India's industrial production rose by a higher-than-expected 2.7 percent in August from a year earlier, after contracting in July. Analysts polled by Reuters had expected a rise of 1.1 percent in August output. COMMENTARY RAJEEV MALIK, SENIOR ECONOMIST, CLSA, SINGAPORE.

  • Oct 12- Top Indian telecoms carrier Bharti Airtel. lost almost 1 million mobile customers in September, data released by an industry body showed, as carriers in the world's second-biggest wireless services market continue to disconnect inactive users in a clean-up drive.

  • TABLE-India's August Industrial output Friday, 12 Oct 2012 | 2:24 AM ET

    Oct 12- India's industrial production. rose by a higher-than-expected 2.7 percent in August from a year earlier, after contracting in July. Analysts polled by Reuters had expected a rise of 1.1 percent in August output.

  • CANBERRA, Oct 12- Australian shares edged up 0.1 percent on Friday as gains in index-heavy mining stocks helped break a two-day run of losses, but the market still ended slightly down on the week. gained 0.9 percent to A $33.54 and major rival Rio Tinto Ltd rose 1.8 percent to A $56.40, helped by a rebound in iron ore prices.

  • TABLE-India's Sept CPI inflation at 9.73 pct y/y Friday, 12 Oct 2012 | 2:17 AM ET

    NEW DELHI, Oct 12- India's annual consumer price inflation. India's retail inflation is the highest among the BRICS group of emerging economies- Brazil, Russia, China, and South Africa- and is way above what the Reserve Bank of India calls its comfort level.