Morning News (click on link to read article) IFCI research, Nov 30, 2010

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Economic Times		Business Standard
Ø  'BSNL's demand of Rs 9.89 cr from RCOM is loss estimate' Ø  M&M Financial to raise Rs 570 crore through QIB route Ø  Philips leads race to buy Halonix stake from Actis Ø  Indians remitted $50 billion in 2009; sent more than global counterparts  Ø  RBI cautions against money schemes by unauthorised finance cos Ø  Usha Intl eyes 25% jump in sales to Rs 1,500 cr this fiscal		Ø  BPCL, partners strike gas in Mozambique Ø  Videocon seeks to unlock value through demerger Ø  Bafna Pharma to invest Rs 30 cr in Specialty drugs Ø  NTPL ties up Rs 2,500 crore in loan for Tuticorin power unit Ø  IVRCL Infra bags orders worth Rs 500 crore Ø  Corporation Bank to sell Rs 400 crore NPAs by January
Business Line Ø  Sanofi-aventis to launch affordable reusable insulin pen next year Ø  European markets still jittery after Ireland bailout Ø  Turmeric hits record Rs 16,000/quintal Ø  Soya oil gains despite subdued demand Ø  Govt orders probe into Radia tape leak		Mint Ø  Banks wary of Andhra’s debt swap proposal for MFI loans Ø  Rupee hits new 10-week low; dollar demand hurts Ø  General Motors India crosses 1,00,000 unit milestone Ø  Lavasa slams environment ministry notice Ø  Fortis plans pan-Asia expansion, names CEO for global arm
Financial Express Ø  Escorts net profit up four-fold in FY'10 Ø  Crisil upgrades M&M's rating to stable Ø  Cement cos valuation continues to spike Ø  Ireland gets 85-bn euro bailout package Ø  RPP Infra IPO issue price fixed at Rs 75 Ø  Shipping Corp FPO issue size at Rs 1,184 cr		DNA Money Ø  Analysts see $250 millon revenues from Ranbaxy’s Aricept deal Ø  Aluminium giant Rusal plans big unit in Gujarat Ø  Q2 GDP growth seen down on low industrial production Ø  Adani Wilmar eyes larger pie of premium edible oils Ø  Dhanlaxmi Bank raises term deposit rates by up to 1% Ø  Govt seeks ‘transparency’, puts 85 licencees on notice