Morning News (click on link to read article) :IFCI: Nov 4th, 2010

Visit http://indiaer.blogspot.com/ for complete details �� ��

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Parekh slams builders' 10% booking schemes Ø  MTNL net loss at Rs 605 crore Ø  Gail net up 30% at Rs 924 cr Ø  RBI doubles online money transfer limit via RTGS to Rs 2 lakh Ø  Samsung to invest Rs 350 cr to expand Chennai facility Ø  Britannia, Marico, PepsiCo scramble for larger share of breakfast segment		Ø  ICICI Ven cashes out of RFCL in Rs 500-crore deal Ø  Anil Ltd net profit rises by 70.54% Ø  Gitanjali Group targets Rs 200 crore business during festival period Ø  Videocon forays into non-life insurance Ø  Fed to buy $600-bn treasuries to boost struggling economy Ø  IDBI Bank raises loan, deposit rates
Business Line Ø  Piaggio plans mini-car with Rs 1.5-lakh price tag Ø  CESC eyes Rs 1,000 cr from pvt equity players Ø  Fortis to invest Rs 650 cr to set up new hospitals Ø  Kiri Dyes plans to list DyStar, Lonsen venture Ø  ABB wins 2 orders worth $72 m		Mint Ø  Mineral output up 7.05 pc in August Ø  Oil jumps to fresh 6-month high as US inventories tumble Ø  Acer joins tech firms’ move to China’s west Ø  Aurobindo Q2 net nearly doubles; shares rise Ø  Bajaj Auto hikes stake in KTM Power Sports
Financial Express Ø  Dhanteras powers silver coins to record Ø  'Coal India IPO to debut at Rs 280-300' Ø  October M&A value 'lowest' in 12 mths Ø  FedEx to buy AFL, Unifreight India Ø  Fortis Healthcare Q2 net up nearly 6-fold Ø  Mineral output up 7.05 pc in August		DNA Money Ø  Tata Docomo is first private telecommunication company to launch 3G Ø  IMFA, POSCO seal joint venture for ferrochrome Ø  CESC plans to raise Rs1,000 crore Ø  GVK talks with MEC for Indonesian mines deal Ø  Value of Calico Mills land up by 90% Ø  Jain Irrigation acquires 80% in UK’s Sleaford