Morning News (click on link to read article)- IFCI research Oct 14th

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Cairn told to resolve royalty, cess issues before stake sale Ø  Tata Tele rejigs key roles ahead of 3G launch Ø  Microfinance cos delay IPOs over SKS issue, AP suicides Ø  Realtors will be allowed to book revenue at different work stages Ø  India retain 2nd spot in close race with England Ø  China trade surplus caps biggest quarter since 08		Ø  AI posts 24% growth in revenue at Rs 830 crore Ø  Govt plans to divest 10% in IOC, 5% in ONGC Ø  Meghmani raises Rs100 crore Ø  Surya Roshni eyes Rs800 crore turnover in 2010-11 Ø  April-Sept indirect tax mop-up rises 44.4% Ø  LIC employees to get 17.5% wage hike
Business Line Ø  Sensex soars as FIIs pour in Rs 1 lakh cr Ø  Roaming tariffs may fall as DoT calls for merging circles Ø  Bajaj Holdings picks up 12.82% stake in NMCE Ø  Govt looking at next round of capital infusion in PSBs Ø  Sanitaryware co HSIL plans Rs 350-cr capacity expansion		Mint Ø  JPMorgan Q3 profit jumps on lower loan losses Ø  Intel’s Q4 outlook sets upbeat tone for tech earns Ø  Adani in talks with Coal India to develop Oz mines Ø  StanChart to raise $5.3 bn in right offer Ø  Apollo Hospitals up 6.97% on BSE
Financial Express Ø  At Rs 75 tn, investor wealth near record Ø  Bajaj picks 12.82% stake in NMCE Ø  Aircel to rejig Rs 11k-cr loan Ø  Alstom-Bhel to supply turbines to NPCIL Ø  Coal India eyes 25 pct rise in profit Ø  Goa Carbon Ltd post net profit of 2.78 cr		DNA Money Ø  Inflation expected to fall only from November, seen at 8.55% Ø  IDR holders can’t participate in StanChart $5.3 billion rights Ø  Two Coal India subsidiaries set to come out of BIFR Ø  SpiceJet minority shareholders firm on legal fight as open offer arrives Ø  SEBI sorts out ASBA fee structure hiccup Ø  Mahindra Satyam gets contract from US state