Morning News (click on link to read article)11/11/10: IFCI Research

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  DoT proposes 540 cr for hi-tech snooping Ø  Miners may have to pay for the project-hit from day 1  Ø  PFC to raise Rs 1,153 cr through ECB route Ø  Jaypee Asso looks to raise $500 million Ø  Kelloggs to launch more affordable products in India Ø  Banks can freeze an account that's unused for two years		Ø  Suzlon took tribal land illegally: Kerala govt Ø  AI to have integrated ticketing system soon Ø  One-time flow boosts GMR Infra net by 33% Ø  Magma to disburse Rs 175 crore in Kerala Ø  Stork eyes 26% stake in titanium project of Nalco, IREL Ø  Auto sales in top gear, up 46% in Oct
Business Line Ø  Flawed 2G spectrum allocation led to Rs 1.76-lakh cr loss: CAG Ø  African operations, stiff competition at home drag Bharti Airtel Q2 profits 27% Ø  Essar Oil to expand Vadinar refinery capacity Ø  Siemens lines up Rs 1,900 cr to reward staff globally Ø  VA Tech bags Rs 290-cr order Ø  Ashok Leyland ties up with Himachal Gramin Bank		Mint Ø  Axel Springer, India Today to take over CarWale.com Ø  Hindalco’s stand-alone performance slips on lower aluminium output Ø  Tata Motors to bolster Nano’s safety features Ø  DLF Ltd reports dip in Q2 profit Ø  Essar to augment Vadinar plant capacity Ø  GM posts $2 bn profit as production picks up
Financial Express Ø  'Power grid shares may jump 25-30%' Ø  Maruti wrecks rivals, grabs 50% mkt share Ø  Divestment: Govt bags Rs 17,000 cr Ø  Omaxe Q2 net up 63 pct at Rs 37 cr Ø  US to lift curbs on technology exports Ø  HCL signs IT deal with unit of Dubai's Emirates		DNA Money Ø  GMR Infrastructure to sell InterGen stake by March Ø  ArcelorMittal sees 2011 steel market up 5-6% Ø  Paramount will fly to 19 cities again from December Ø  HCL Info signs IT deal with unit of Dubai's Emirates Group Ø  Panasonic to set up factory in Haryanac Ø  SKS concedes Andhra Pradesh headwinds will tell on its bottomline