Morning News (click on link to read article) IFCI research, Jan 3, 2011

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Morning News (click on link to read article)

Economic Times	Ø	Business Standard
Ø  Rising oil price adds to Asia inflation headaches Ø  Citi India leads the pack of salary cost, HDFC lowest Ø  70% of mobiles sold in Jan-Nov, 2010, were Nokias or Samsungs Ø  Foreign investments in '11 to cross 2010's record inflows: Analysts Ø  IOC, HPCL, BPCL loses on diesel sales climb to Rs 7 a litre Ø  Citi India leads the pack of salary cost, HDFC lowest		Ø  Indian pharma remains top in US generics Ø  Punjab residential developers make most of rising demand Ø  NTPC to set up 4,000 Mw project in Vizag Ø  Ramky Estates sets sight on East, to invest Rs 300 crore Ø  External debt exceeds forex reserves after 7 yrs Ø  CWG: Construction cost of CPWD stadia jumped Rs 1,110 cr
Business Line Ø  Textiles, machinery from Singapore to cost less Ø  Now, there will be a little bit of SAIL in cars Ø  Iraq may hold key to halting crude oil rally Ø  Uncertainty over sugar production continues Ø  Cold wave begins to extend to east India		Mint Ø  Tata Motors hikes passenger, commercial vehicle prices Ø  Ford India clocks 184% sales growth in 2010 Ø  M&M tractor sales jump 31% in December Ø  Tata Steel, Nippon to ink JV Ø  India to add 45,000 MW in 12th plan: Shinde
Financial Express Ø  China manufacturing growth slows Ø  M&A deal value, volume to grow in 2011 Ø  LT unit bags orders of 2,503 cr Ø  Next Retail eyes Rs 4,000 crore revenue Ø  GM India sales up 3 pct in Dec Ø  TVS Motor Dec sales up 42 pct		DNA Money Ø  Govt’s infra, social focus a buoy for Sintex Ø  Dollar index hovers near support Ø  Merger seen giving iGate, Patni scale, but little else Ø  With Serdia rap, taxman putspharmaceutical MNCs on notice Ø  ‘Lending rates likely to fall in Q1’