Morning News (click on link to read article) IFCI research, Dec 13, 2010

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Govt postpones tobacco warnings, NGOs angry Ø  Sun Pharma eyes $300m acquisition in US  Ø  Ventureast to launch $200-mn fund Ø  BNP Paribas' sub Arval India to invest Rs 560 cr over 2 years Ø  Canon India eyes Rs 100 cr revenue from document services biz Ø  Emami Paper earmarks over Rs 2,000-cr for expansion Ø  Novelis raises $4 bn to part re-finance debt		Ø  Great Lakes B-school in talks with Tata and Godrej to sell 51% Ø  Coal India, NPC mull JV for nuclear power Ø  ITC among 24 firms seeking land in Haridwar Ø  Karuturi to raise Rs 800 crore debt Ø  Linco Beauty to rope in 150 franchisees Ø  MFI Bill introduced in AP Assembly Ø  Rail freight wagon shortage hits mining companies
Business Line Ø  L&T, Russian firm to join hands for nuclear gear production unit Ø  OIL eyes Cauvery Basin for offshore plans Ø  CAG pulls up NTPC for tardy project execution Ø  IRDA voices concern over TN health insurance scheme Ø  Rains wreak havoc on AP tobacco crop		Mint Ø  Domestic shortage of gas to benefit Petronet LNG Ø  Gail proposes to set up 5,500 km gas connectivity over 2-3 years Ø  Asian Paints faces cost pressures Ø  EPFO suspends investment in LIC Housing Finance Ø  Gail proposes to set up 5,500 km gas connectivity over 2-3 years
Financial Express Ø  SEBI to be quizzed over stock 'scam' Ø  CCI wing recommends action against NSE Ø  Prysmian buys 51% stake in Ravin Cables Ø  FDI in developing world to rise 17%: WB Ø  DGCA starts scrutiny of airfares Ø  China's overall trade at $2.68 tn		DNA Money Ø  MNCs face Rs7,000 cr tax in transfer pricing cases Ø  Cussed unions keep staff away from CIL shares Ø  Hiring crunch of last crisis to hit IT firms in 2013 Ø  Rs10,800 crore World Bank loan likely for dedicated freight corridor Ø  5,000 MMCB depositors may lose their cash Ø  Nissan delivers first electric car in challenge to GM