IFCI research: Morning News (click on link to read article): Oct 7th

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  JSW Energy seeks lower rate for Rs. 3,375-cr Ratnagiri project loan Ø  BMW to step up India investment to Rs.180 cr Ø  Cairn to seek shareholders nod for Vedanta deal today Ø  Motilal Oswal PE picks up 49.9% in Godrej Buildwell for Rs. 45 crore Ø  Orissa to move SC against high court order on Posco Ø  Binani Cement promoters to buy public stake, delist co		Ø  IMF ups growth outlook to 9.7% Ø  GE inks $4.6 bn in deals in big return to M&A Ø  Azure Capital to infuse Rs 75 crore for realty projects in Gujarat Ø  NHAI in talks with SBI for Rs 10,000-cr loan Ø  UP seeks Rs 2,351 cr from Centre to fight floods Ø  IDBI Bank targets Rs 6,000 cr SME loans
Business Line Ø  After 20 years, Reliance back with Vimal saris Ø  FII flows into equity hit $20 b Ø  Uninor not to cut India call; plans mass market re-focus Ø  UID: Wipro, Spanco among lowest bidders for data collection Ø  Textile sector caught in a web by high cotton yarn prices		Mint Ø  India and Brazil are overheating: IMF Ø  Markets rise 0.7%; Shipping Corp jumps Ø  Reliance, Chesapeake end Eagle Ford JV talks Ø  Tesco sees robust global recovery, no double dip Ø  Komli Media acquires UK’s Indoor Media
Financial Express Ø  India Inc keen to hire new staff Ø  Silver at Rs 35K+, gold climbs new peak Ø  East's real estate may see a foreign rush Ø  Taxman raids Nagarjuna Construction Co Ø  Mahindra to launch sub-100cc bike Ø  JSL hikes investment on Orissa project		DNA Money Ø  Srei Infra mulls bidding for BOT projects on its own Ø  Rs165-180 price band likely for Prestige Estates IPO Ø  Madhu Koda shadow over tax raids on Nagarjuna Construction Ø  Pipavav, ABG, Goodearth, Bharati offer stakes to Shipping Corporation of India Ø  Credit growth falls 72 bps to 19%. Blame CPs, ECBs Ø  General Electric rebuffed in $1.2 billion bid for Wellstream