IFCI - Morning News- 29 Dec 2010

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Economic Times	Ø	Business Standard
Ø   NPPA to crack the whip on drug cos, chemists for overcharging Ø  Airtel to raise internet surfing charges; others may follow Ø  MMF textiles exports hit by rise in raw materials Ø  B'desh invites ONGC to explore gas in restive hill region Ø  India may drag US to WTO over H-1B, L-1 visa fee hike Ø  HK airport handles record 50 million passengers		Ø  Citi employee in Rs 400-cr fraud Ø  Prize Petro, HPCL arm may merge Ø  Gitanjali in talks to raise $100 mn Ø  ChemChina to buy 60% of Israel's MA Industries Ø  TN credit potential for priority sector nears Rs 58,000 crore Ø  Cholamandalam MS eyes 40% growth in Gujarat
Business Line Ø  NTPC, PowerGrid on signing spree for new projects Ø  I-T Dept orders special audit of Mahindra Satyam accounts Ø  Over-pricing charge: Cipla gets new demand notice for Rs 73 cr Ø  Kirloskar Bros divests holdings in 2 cos Ø  Bartronics to raise Rs 450 cr		Mint Ø  Air India to train staff in bid to improve its on-board services Ø  Nabard earmarks Rs100 cr to lend to VCFs Ø  Consolidation wave likely in BPO sector, says Gartner Ø  MRF net jumps 43%; sees tougher days ahead Ø  Dai-ichi to take over Australia’s Tower for $1.2 bn
Financial Express Ø  Amul hikes milk prices by up to Rs 2 Ø  Accor to create 3,000 jobs in India Ø  Punj Lloyd bags Hirco township project Ø  Surya Pharma arm buys US' ActivOn Ø  TI Cycles to achieve Rs 1,150 cr turnover Ø  TVS Shriram fund in Bahrain pizza deal		DNA Money Ø  Essar Shipping’s demerger set to unlock value in ports biz Ø  M&M faces $290 millon lawsuit by Reva ally in New York Ø  POSCO project gets green signal, but conditions apply Ø  Hotel rates to fall a fifth as room supply overtakes demand Ø  Dish TV increases channels to 350 plus Ø  India’s April-December 15 commodity bourses turnover up 51%