Morning News (click on link to read article) 29th Oct 2010:: IFCI research,

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Grasim net falls 59% on lower sales  Ø  Delhi to get another 345km of BRT Ø  Nath demands Rs 3,400 cr to repair roads Ø  NSC aims Rs 600 cr revenue in 2010-11 Ø  PNB Q2 net profit rises 15.9% to Rs 1,075 crore  Ø  Cairn India profit jumps to Rs 1,585 cr		Ø  ONGC net at Rs 5,389 crore Ø  India to supply GM Rs 4,500-cr parts by '12 Ø  Cairn India profit trebles to Rs 1,585 cr Ø  GSPL Q2 net down 16.8% to Rs 91 cr Ø  Azure Power to invest Rs 180 crore in Gujarat Ø  Core Projects bags Rs 26 crore order from Gujarat govt
Business Line Ø  Bugatti vrooms into Nano land with Rs 16-cr Veyron Ø  Food inflation eases to 13.75% on cheaper vegetables, pulses Ø  GM plans $500-m investment to expand India operations Ø  Infosys Consulting to hire 40% more this fiscal Ø  Century Group looks to raise Rs 750 cr from PEs		Mint Ø  Hyundai 3Q profit jumps 38% to $1.2 bn Ø  GSK Pharma sees vaccines boosting India revenue Ø  Koutons Retail creditors file winding-up petitions in HC Ø  SAIL FPO may hit capital market by January-February Ø  PNB awaits regulatory nod for acquisition of Kazak bank
Financial Express Ø  Market turnover hits high of Rs 2.82L cr Ø  Core sector registers 2.5% growth Ø  Jyothy Laboratories Q2 result ups net 9% Ø  SAIL Q2 net dips 34% to Rs 1,090.01 cr Ø  Direct tax collection up by 17.2% Ø  CWC pays all time high dividend of Rs 14.22 cr		DNA Money Ø  IDBI to raise $125 million through medium-term notes Ø  Shriram Trans eyes Rs6,000 crore construction equipment finance business Ø  Reliance Power places $8.3bn order with Shanghai Electric Ø  Oracle buys 10% of Israeli tech firm Mellanox Ø  Hexaware scouts for $25-$75 million acquisition: CEO Ø  BNP Paribas to double India sales in 5 years