Morning News (click on link to read article) IFCI research, Dec 1st, 2010

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Morning News (click on link to read article)

Economic Times		DNA Money
Ø  Indian banks raise 12.5 bln rupees via CDs Ø  IDBI to raise $1 bn debt in overseas mkt in a year Ø  Amway India eyes Rs 2,500 cr turnover by 2012 Ø  GSPC raises Rs 3,000 crore term loan to fund DDW in KG basin Ø  NPCIL to form JVs with SAIL and railways Ø  NTPC to order $7.2-bn power gear by March		Ø  Nestle to invest Rs1,700 crore Ø  STD, local calls at same price from BSNL land line Ø  Lavasa $436 million IPO to be deferred by upto 6 months: Sources Ø  Farm, manufacturing push economic growth to 8.9% in Q2 Ø  Pranab Mukherjee expects GDP to exceed 8.75% in current fiscal Ø  SAIL, Kobe sign MoU for broader joint venture
Business Line Ø  Core industries' output zooms 7% in Oct Ø  RIL's D6 output dips 15% on reservoir problems Ø  Coconut oil peaks to Rs 81/kg Ø  Cashew rules firm despite subdued trade Ø  UCO Bank to sell stressed assets		Mint Ø  Kishore Biyani clubs family holdings into one company Ø  Rupee edges up on strong GDP data; euro hurts Ø  Emaar MGF looks to sell properties Ø  Rolls Royce may face rethink on engine strategy Ø  ABB to buy Baldor Electric for $3.1 bn in cash
Financial Express Ø  Lavasa Corp moves HC against MoEF notice Ø  Taxman launches raids on Ispat Industries Ø  India's agri & allied sector grows 3.8% Ø  Ireland gets 85-bn euro bailout package Ø  RCom erases 5-day loss; surges 3.4% Ø  KKR-led group to buy Del Monte for $4 bn