Morning News (click on link to read article) IFCI research, Dec 16, 2010

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Niira Radia tapes: Government mulls regulating corporate lobbying Ø  PM allays India Inc fears, vows to plug wiretap leak Ø  Higher advance tax payments show India Inc firmly on growth track Ø  Indirect tax collections up 42 per cent in eight months Ø  L&T awarded construction of Metro Rail depot works		Ø  Essar, Kobe join hands to develop auto steel Ø  Novartis wins Alcon in $12.9-bn agreement Ø  Icahn Enterprises to buy Dynegy for $665 mn Ø  Siemens sells IT unit to Atos Origin for $1.14 bn Ø  Despite raising petrol price, retailers losing Rs 50 cr a day Ø  Patni gains 5% on stake sale buzz
Business Line Ø  2G scam: CBI conducts searches in 27 places in TN Ø  Govt allows export of 5 lakh tonnes sugar Ø  Indirect tax kitty swells 42% in April-Nov period Ø  Policy soon to support PSU global asset acquisition efforts: PM Ø  Coal India may pay 30% less for Peabody asset stake on lower valuation		Mint Ø  Sintex looks to enhance execution capabilities Ø  Vedanta plans to use IPO money of Zambian unit KCM to part fund Cairn deal Ø  Novartis sweetens deal to win full Alcon ownership Ø  Toyota gets 12,000 pre-sale Etios orders in India Ø  Govt wants to issue fresh bids for Tehri project phase 2
Financial Express Ø  Commexes turnover seen at Rs 110L cr Ø  MOIL dazzles on listing, scrip up 24% Ø  Reliance Com gets $2 bn loan Ø  Inflation slips to 7.48 pct in November Ø  FM desires GST rollout together with DTC Ø  Air India may get additional Rs 1,200 cr Ø  Rs 23-cr penalty slapped on Adani Group		DNA Money Ø  Wen visit: Chinese companies ink pacts worth $16 billion with Indian firms Ø  Hero Honda falls 9% on joint venture termination report Ø  Lanco bags Australian coal miner Griffith Ø  RIL, Tata Steel pay higher advance tax Ø  Jet fuel prices increased by 3.6% Ø  Sebi allows Price Waterhouse to grill Satyam case witnesses