Morning News (click on link to read article) Oct 12th- compiled by IFCI research

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Biyani eyes 40% in Amar Chitra Katha Ø  JSW leads race to buy stake in Canadas CIC Ø  CAG questions DoT on Loop licence Ø  Intelenet to delist Sparsh BPO to avoid conflict of interest Ø  Power finance cos plan to team up for banking foray Ø  Coal India IPO may be priced at 220-240		Ø  NPC plans Rs 1,500-crore fund for civil liability Ø  Suzlon to raise up to Rs 5,000 cr Ø  Strike halts work at 2 MRF units Ø  Neesa Infra aims at Rs 130 cr turnover for FY'11 Ø  IndusInd Bank Q2 net up 71% Ø  L&T Insurance targets Rs 1000 cr premium in 5 yrs
Business Line Ø  6 lakh investors exit MF accounts Ø  Cairn India open offer price is final Ø  IDFC infra bonds offer extended Ø  Tata Motors drives into crossover segment with Aria Ø  Panasonic to invest Rs 1,000 cr in new plant		Mint Ø  Sensex edges up 0.4%; data, earnings eyed Ø  Tata Motors takes on Innova, Xylo with Aria Ø  Air India seeks $1.15 billion to refinance loan Ø  CMC shares up as Q2 profit rises 26% Ø  Suzlon board to consider share allotment to IDFC PE
Financial Express Ø  Bank deposit rates set to spike: Crisil Ø  Sensex cos to see 20% earning growth Ø  MIC Electronics buys 51% of AVNI Energy Ø  Gold ETF collections up 90% Ø  Mittal abandons mega for mini in India Ø  MIC Electronics buys 51% of AVNI Energy		DNA Money Ø  Manappuram sees loan book growing 220% this fiscal Ø  LIC Housing arm to be United India’s biggest corporate agent Ø  IVRCL seeks Rs600-750 crore for Hind Dorr sellout Ø  Denim firms raising prices for first time in 2 years Ø  Patni Computer sets up China beachhead for Japan play Ø  Rosatom unit eyeing nuclear JV by April