8th Oct Morning News (click on link to read article) -complied by IFCI research

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Buyback rush may open arbitrage gate for investors Ø  US deports nearly 400,000 immigrants Ø  GSM cos agree to cut call-moving charges Ø  SEBI asks SKS to explain CEO sacking Ø  Luxury market likely to touch $14.7 billion by 2015: Report Ø  Mining cos may have to pay annual compensation to land losers		Ø  Fusion Pharma to invest Rs 40 cr Ø  Jute mills to move court over textiles ministry report Ø  Peter England eyes Rs 1,200 cr by 2012-13 Ø  Mercedes-Benz crosses sales target in 9 months Ø  GM aims to treble vehicle sales in 3 yrs Ø  CAG pulls up OMC for failure to install beneficiation plant
Business Line Ø  9 IT firms in first shortlist for mega UID tender Ø  Steel sales zoom in second quarter Ø  Durables majors confident of 30% growth in 2010 Ø  FIPB defers Jet's plan to raise $400 m via QIP Ø  SAIL inks pact with ARAI Ø  BHEL bags Rs 3,700-cr Karnataka order		Mint Ø  PSUs tap Super 30 to create own talent pool Ø  European shares slip back; ECB, BoE eyed Ø  Asia stocks weighed by tech, US dollar sags Ø  Renault sells Volvo shares, remains key owner Ø  Biocon shares rise on Pfizer drug deal report Ø  Samsung faces weak outlook on flat screens, TVs
Financial Express Ø  'Indian cos' capex spending set to spike' Ø  Jet QIP, GMR Airport plans on hold Ø  ICICI Bank leads international bond sales Ø  Kingfisher stock takes flight on Ross plan Ø  Reliance Life forays into health business Ø  India may lose out on Vedanta's $2 bn		DNA Money Ø  Vedanta defers Rs36,000 crore Lanjigarh expansion Ø  Barclays buys back 12.75% in Intelenet Ø  Piramals in talks with IVRCL over Hind Dorr Oliver Ø  US consumer credit falls $3.34 billion in August Ø  General Motors to recall 3,996 Cadillac SRX crossovers Ø  Bank of England leaves rates at 0.5%, QE on hold