Morning News (click on link to read article)- Nov 9th- IFCI research,

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

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  VCs may bring $1 billion into India next year Ø  ArcelorMittal offers $431 million for Baffinland Ø  Vedanta facing hurdles to finance $9.6 bn Cairn deal: Report Ø  Fortis draws up Rs 650-cr investment plan Ø  RIL's telecom arm in talks to borrow $1.5 bn more Ø  Debt market sees action, courtesy base rate, FII inflows		Ø  17 firms threatened with coal block cancellation Ø  Maytas Infra gets nod to induct 4 SBG nominees Ø  RRBs need Rs 2,200 cr by 2011-12 Ø  Ambuja, ACC shares zoom on merger buzz Ø  Asia Motor plans to expand product range this fiscal Ø  Govt disburses 24% of agri credit target in April-June
Business Line Ø  Banks borrow Rs 1.18-lakh cr from RBI to tide over liquidity crunch Ø  Oil marketing cos take a beating on rising crude prices Ø  ONGC, GAIL among cos invited to bid under Solar Mission phase-I Ø  Siemens sees green tech powering revenues past €40 billion Ø  Hindalco Industries stops production in Gujarat		Mint Ø  European shares retreat; Greek banks up Ø  Banks nudge investors out of MFs; smart HNIs stay for bull run Ø  ONGC climbs to highest ever global ranking Ø  Glenmark completes phase-III trial for Crofelemer Ø  Titan Inds Q1 net up on robust retail growth
Financial Express Ø  IOC to hike petrol prices by 32 paise Ø  Aban Offshore net profit up by 5% Ø  IDFC reports 16% jump in Q2 net profit Ø  GVK Energy to sell stake to 3i Infra Ø  Audi's sales surge by 208 pct in Oct Ø  SBI Q2 net profit down by 22%		DNA Money Ø  Wall Street rises 1% as risk appetite jumps Ø  3i acquires 21.1% of GVK Energy for Rs1,200 crore Ø  India’s October power output rises by 8.4% Ø  CIL listing puts spotlight on Mercator’s coal assets Ø  Coal India sheds over 5% after stellar IPO debut Ø  SBI eyes $100 million bank buy in Indonesia: Report