IFCI - Morning News- 24 Dec 2010

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Economic Times		Business Standard
Ø  Finmin again asks labour min to invest EPF in stock markets Ø  Cake prices jump on huge hike in input cost Ø  Godfrey Phillips, ITC resume cigarette production Ø  Spanco wins Rs 850 mn Goa Electricity Board's IT project Ø  Railways to issue notification for 2.27 lakh jobs		Ø  iGate-Apax closes in on Patni deal Ø  CLP finalises ECB loan of Rs 1,300 cr for Jhajjar unit Ø  Finolex to invest Rs 100 crore for PVC pipes unit in Gujarat Ø  Vizag Steel to hike prices by Rs 1,500 Ø  Olympic Cards mulls IPO to raise Rs 43 crore
Business Line Ø  Pyramid Saimira promoters forced to buy out public shareholders Ø  Garlic and tomato too on Govt watchlist Ø  Banks can give up to 90% on sub-Rs 20 lakh home loans Ø  Andhra Bank hikes deposit rates Ø  Kerala Cabinet gives approval for 1,919 PSU jobs		Mint Ø  Glenmark receives USFDA nod for three drugs Ø  Riversdale agrees to $3.9 bn Rio Tinto bid; rivals expected Ø  Airtel launches high capacity direct terrestrial link between India , China Ø  CLP India signs $288-mn financing agreement for its Jhajjar plant Ø  Pipavav Shipyard inks MoU with SAAB Group
Financial Express Ø  A2Z Maintenance slips 18% on listing Ø  Crisil sees strong Q3 for India Inc Ø  Oil surges to highest since Oct '08 Ø  Disinvestment spawns Rs 40,000 cr in '10 Ø  Toyota to pay $32.425 mn in penalties Ø  US may impose 'terror tax' on H-1B visa		DNA Money Ø  Highway projects worth Rs12,000 crore delayed Ø  BMW unveils X1, its cheapest SUV Ø  GoAir plans to raise Rs4-5 billion via IPO: Report Ø  AIG to pay $100 million in workers' comp fines Ø  Koutons Retail in talks to sell 15% stake: Report Ø  Rights rise 144% as investors take fresh bets on their cos