IFCI research: Morning News (click on link to read article) -Oct 11th

Morning News (click on link to read article)

Economic Times		Mint
Ø  Tatas to convert low-cost housing division into arm, pump in Rs.2k cr Ø  Chinas Sinochem looks to rope in NMDC for joint PotashCorp bid Ø  Finmin refuses to bail out MCX-SX in spat with Sebi Ø  IMF fails to corner China, passes the yuan to G-20 Ø  Beijing to cut current a/c surplus to 4%		Ø  Nirma board decides to de-list company Ø  Alstom-Bharat Forge edge out Bhel Ø  India sees PE, M&A deals worth $52 bn so far this year Ø  SC asks govt to respond to CAG report on 2G scam Ø  Amul may adopt kibbutz model
Business Line Ø  FII flows rise despite SEBI curbs on fresh positions Ø  Rolls-Royce keen to expand in N-power space Ø  AP Transco to give 1.5 l new power connections to agri pump sets Ø  Fluctuating demand witnessed at Coonoor tea auction Ø  EoIs invited for divestment in 4 Sikkim PSUs		DNA Money Ø  VA Tech Wabag offers IPO investors pullout option Ø  French move to save drug costs a blessing for Cadila Ø  Fortis Healthcare owners to buy Hong Kong business Ø  Air India to demand another Rs2,000 crore to repay debts Ø  Ambuja Cement plant production up by 15% Ø  AIA Group IPO covered more than five times
Financial Express Ø  Delhi HC rejects RIL plea to quash CBI case against it Ø  CEO ducks SKS Microfinance boot Ø  SpiceJet axes Delhi-Kat rate to Rs 2.4K Ø  'Bajaj has cash reserve of Rs 29,000 cr' Ø  L&T bags Rs 1,585 cr orders Ø  Punj Llyod bags Rs 539 cr order from GAIL