Ocober 20th, 2010: Morning News (click on link to read article) complied by IFCI research

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø   Aditya Birla Money MD quits after bets on Nifty go wrong Ø  Fidelity arm invests Rs 90 cr in Shreem Capacitors Ø  Aviation cos on a high as traffic grows 11% in Sept Ø  Premji to launch billion-$ endowment trust Ø  Traders in a mad scramble for Coal India,SBI issues		Ø  Emami to raise up to Rs 2,000 cr Ø  Citi's $2.2-bn Q3 profit fuels sector confidence Ø  BP to net $1.8 bn from asset sales Ø  RCF seeks Rs 150 crore from Railway Ministry Ø  Actis PE plans $500 million investment in 2010
Business Line Ø  Bajaj Auto's Q2 profit surges 69% on higher Pulsar, Discover sales Ø  Nippon Steel to make auto pipes at Rajasthan plant Ø  Rallis India to pay Rs 9 dividend Ø  GAIL loses Kakinada, Bhilwada pipeline project to GSPC-led team Ø  Sesa Goa pins hopes on Court ruling on iron ore export ban		Mint Ø  Markets drop 0.9%; Biocon hits record high Ø  Piramal Healthcare eyeing OTC acquisitions Ø  ICICI will lay off some BoR staff after five years Ø  HDFC Bank Q2 meets f0recast on strong credit demand Ø  MMFS raises $100 mn via QIP
Financial Express Ø  Coal India IPO subscribed 1.57 times Ø  Aegis buys BPO firm in Argentina Ø  Coal India net worth to jump by Rs 12K cr Ø  Mudra to sell 25% stake to E-Land Ø  PPSS demands withdrawal of Posco project		DNA Money Ø  HDFC Bank nets 33% growth in Q2 profit Ø  AstraZeneca drug may add Rs200 crore to Dishman topline Ø  L&T bags Rs1,450 crore order from DB Power Ø  NMDC in talks to acquire Russian mines for $400m Ø  Alok eyes Rs1,600 crore from realty deals