Morning News (click on link to read article) Nov 2, 2010 : IFCI research

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  TCS, Infosys and Wipro move more work, jobs to China Ø  Cement demand firms up, but prices unlikely to rise Ø  Emami Q2 net profit up 45 pc to Rs 53 cr Ø  Indo-EU bilateral trade may cross $200bn by 2015: Experts Ø  Independent directors cry foul against AI management Ø  Hindustan Motors Q2 net down at Rs 11.65 cr		Ø  ONGC seeks stock split ahead of FPO next year Ø  Nagarjuna Oil's TN refinery to be commisioned next yr Ø  Amway records 27% growth in Gujarat Ø  Spectrum sale, tax mop-up help govt restrict fiscal deficit to 34.9% Ø  'Cap ethanol for blending at 400 million litres' Ø  Orissa MFIs have advanced loans of Rs 1500 cr in 4 yrs
Business Line Ø  Inflation worry may prompt RBI to hike key rates, again Ø  Maruti touches new high in Oct as car sales zoom Ø  Exports in Sept rise 23.2%, imports up 26% Ø  Ecron Acunova eyes US buy in drug safety studies segment Ø  Shiva Cement board okays 1:10 bonus, pref allotment		Mint Ø  Emirates H1 profits surge 351% to $925 mn Ø  Generator makers pin hopes on 3G rollout to power sales Ø  Jet unveils plan to cut debt burden Ø  Suzlon manages an operating profit Ø  Govt allows controlled edible oil export
Financial Express Ø  Tata Motors October sales rise 21% Ø  M&M auto sales up 34 pc in October Ø  Despite crash, Sensex at 2-wk high Ø  Hero Honda cruises to highest-ever sales Ø  Jaiprakash Associates Q2 net dips 87% Ø  Coal India production misses target		DNA Money Ø  ONGC eyes Exxon's stake in Angola block Ø  Job market booming, but beware ‘variable pay’ Ø  Lupin pharma eyes 25-30% growth in the US Ø  BSE wires snap; arbitrageurs, investors get a loss shock Ø  KFC to open 500 outlets in India by 2015 Ø  Havells to treble retail outlets