IFCI research: Morning News (click on link to read article)

Economic Times		Business Standard
Ø  AstraZenecas plan to delist rejected Ø  Cement prices may rise by up to Rs.20 from Fri Ø  30% of roads to be built with foreign funds Ø  IRB Infra to raise Rs.750-cr debt for Ktaka road project Ø  RCOM to seek investors nod to sell fresh equity today Ø  Astra stock rises 51% in a week		Ø  TV channels bet on mega stars to garner Rs 270 crore Ø  Bharti Retail to enter western India soon Ø  PowerGrid wants fresh offers for Rs 7,000-crore project Ø  Steel prices may go up by Rs 1,500 a tonne Ø  Walmart offers $4 bn for Massmart Ø  Vivendi sells $2 billion NBC stake to GE
Business Line Ø  Re at 4-month high; Sensex, Nifty up Ø  Garlic prices shoot up on rise in exports, ban on Chinese imports Ø  KPIT Cummins to acquire US-based CPG Solutions Ø  Glenmark defers IPO for generics arm Ø  Coal India IPO assigned Grade 5 Ø  M&M to hike vehicle prices		Mint Ø  Vodafone tax liability tops Rs 12,000 cr: CBDT Ø  Biocon extends research partnership with Cuba’s CMI Ø  Arvind plans $60 mn expansion to Bangladesh Ø  Lanco to look at power IPO Ø  Unilever to buy Alberto for $3.7 bn as growth plan Ø  Nestle plans to grow medicinal foods business
Financial Express Ø  Kuwait to scrap sponsorship system Ø  Market rally may power splits, bonuses Ø  Shree Renuka ups NCDEX stake to 12% Ø  Airtel offers $1 mn sponsorship for CWG Ø  'LPO ind to provide 30,000 jobs in 1 yr' Ø  Airfares likely to go up 20%		DNA Money Ø  Google’s policy of 20% free time for everyone to innovate is a bad idea Ø  Future Supply Chain to set up 9 GST-compliant logistics parks Ø  Lupin focus on large scale-up in biotech Ø  LG seeks 5% share of Japan TV market in 5 years Ø  Gold strikes all-time high at $1,300 an ounce Ø  Arvind Ltd to set up denim plant in Bangladesh; invest $60 million