IFCI - Morning News- 28 Dec 2010

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Economic Times	Ø	Business Standard
Ø  3M India: Crude prices may hit growth momentum Ø  KEC International bags Rs 1,018-crore orders Ø  Hyundai to spend 400 cr on diesel engine plant Ø  Lanco Infratech to hive off off its power busines Ø  Holcim raising stake in ACC Ø  Tata Steel may cut debt in Riversdale sale		Ø  PowerGrid pays Rs 103-cr compensation for land Ø  Canon India eyes Rs 1250 cr turnover in 2010 Ø  JK Paper's Rs 1500 cr expansion under cloud of protests Ø  Honeywell to invest Rs 400 cr Ø  India Inc raises $1.13 bn in Nov through ECBs Ø  Euro pain turns to 23% gain for Europeans in S&P 500
Business Line Ø  Demand soars for bank loans against property Ø  China gets Gujarat cotton cheaper than TN mills Ø  Sugar futures back after 19 months Ø  Air India seeks Rs 2,000 cr equity infusion in Budget Ø  Garlic exports ebb in Nov; spices exports rise		Mint Ø  PE investments likely to cross $7 bn in 2010: E&Y Ø  Bridgestone invests Rs170 cr in India; to make bus tyres Ø  Nabard earmarks Rs100 cr to lend to VCFs Ø  RCF doing due diligence to take over Russian phosphate mine Ø  Sony to invest over $1 bn to boost image sensors production
Financial Express Ø  Ravi Kumar Distilleries up 25% on listing Ø  Promoters hike Unitech stake to 48.57% Ø  iGate, Apax to buy Patni Computers Ø  Aventis completes CBVPL stake sale Ø  Over 50% of FDI went to Maha, NCR Ø  London properties lure global money		DNA Money Ø  Amount raised by ECBs rockets 64% in November Ø  ONGC to raise stake in Pawan Hans to 49% Ø  Inflation likely to be 6-7% by March end: Chief economic adviser Ø  Bombay Stock Exchange launches Islamic index Ø  After fisticuffs and fracas, Sanghi Group tries carve-up Ø  Medium-term-note season on Bank St, IOB to raise $500 million