Other News Headlines – 1 December, 2011

1. Indian state run Oil marketing companies have cut the petrol price by around 65 paise per litre, the second reduction within a month. This was because of the fall in global crude oil prices and recent slight Indian Rupee appreciation against US Dollar.

2. Anshu Jain has been named the “European Investment Banker” of the year by his peers at Financial News annual Awards for Excellence in Investment Banking. The German bank, “Deutsche Bank” is also awarded the “Debt capital markets house” of the year.

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