Morning News (click on link to read article) IFCI research, 18 Jan 2011

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Morning News (click on link to read article)

Economic Times	Ø	Business Standard
Ø  Axis Bank's 36% profit jump built on high interest, fee income  Ø  TCS Q3 net up 30% at Rs 2,370 cr; declares 200% dividend Ø  L&T Q3 operating margin at 10.8 per cent Ø  Zydus Wellness Q3 net up 36.59 pc to Rs 19.56 cr Ø  IOC losing Rs 1.22 per litre on petrol sale Ø  Skyrocketing tomato prices compete with onion		Ø  High volumes boost bike makers Ø  Glenmark tanks 6% after US jury ruling on hypertension drug Ø  'Desperate' to control surging inflation: RBI Ø  CBDT plans to lure black money stashed abroad Ø  FPO to let Tata Steel deleverage projects Ø  The Munjal family settlement made them easy prey for Puri
Business Line Ø  Cotton rises to Rs 45,000/candy Ø  AP Bill promises succour to tenant farmers Ø  Favourable weather boosts rice Ø  Spot rubber hits Rs 225/kg Ø  Vedanta chief meets Jairam Ramesh, seeks fresh nod for mining in Niyamgiri		Mint Ø  Moneylenders push up interest rates in Andhra Pradesh Ø  Jindal Power IPO to hit market by April Ø  Auto parts firms on course to robust Q3 profits Ø  JK Tyres to hike prices by 2-4% Ø  GAIL to pay Russia’s Gazprom over oil block claims
Financial Express Ø  Indirect tax collections up 43% Ø  JSW buys Bellary Steel for Rs 2.1 bn Ø  JSW Steel to infuse Rs 3,800 cr in Ispat Ø  At $14 trillion, US debt surges to all-time high Ø  Price rise not my job, says Pawar		DNA Money Ø  Rallis to commission Dahej facility by next month Ø  Larsen & Toubro warns on revenues after profit beats street Ø  IDFC infrastructure bonds face tough run again Ø  Parsvnath targets Rs13,000 cr sales Ø  Essar Oil says diesel decontrol to decide pace of retail spread Ø  Tata Steel to start construction on Orissa steel plant by month-end