Morning News (click on link to read article) IFCI research, Nov 24, 2010

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  UK govt cuts visas for skilled professionals by over 6,000  Ø  Tata Steel to seek shareholders' nod to raise Rs 7,000 cr debt Ø  Dr Reddy’s buys GSK’s oral penicillin facility in US Ø  Cash easing steps unlikely soon: RBI Ø  UP farmers go on shopping binge after harvest Ø  Gems, jewellery exports up by 31 per cent at Rs 12,979.19 cr in October		Ø  MNP to trigger post-paid rate wars Ø  FinMin caps NHAI annuity outgo Ø  Navi Mumbai airport can become a hospitality hub, say hoteliers Ø  MOIL IPO price band fixed at Rs 340-375 Ø  Indian retail lost Rs 9,295 to shoplifting, theft Ø  McKinsey predicts 80% growth in auto aftermarket by 2015
Business Line Ø  JSW Energy to buy Canadian firm for C$422 m Ø  Deutsche Securities steps up holding in SKS to 5.74% Ø  Kitex Garments plans Rs 100-cr capacity expansion Ø  Re heading towards the 46-mark Ø  Textile industry seeks export curbs on cotton Ø  RBI seeks details of bank exposure to MFIs		Mint Ø  Channels get I-T notice over deducting too little tax Ø  Bharati Shipyard plans to acquire majority stake in Tebma Ø  Aegis to invest Rs2k crore to set up port projects Ø  CIL looking to buy US miner Massey Energy Ø  Enam deal spotlights challenges facing I-banks Ø  ONGC’s cost of oil production double OIL’s expense
Financial Express Ø  Global stocks crash on Korean shelling Ø  Kingfisher, American Air ink code JV Ø  Zensar buys US co Akibia for $66 m Ø  Religare Cap buys UK’s Barnard Jacobs Ø  FDI inflows rise 40% to $2.11 bn in Sept		DNA Money Ø  European Union facing crisis over debt and communication Ø  Coal India eyeing Peabody asset in Australia Ø  SEBI committee suggests tougher rules for new bourses Ø  Mahindra & Mahindra signs deal to buy Ssangyong for $464 million Ø  Gold regains record levels of Rs20,600 on wedding demand