IFCI research, Morning News (click on link to read article) Feb 7, 11

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Cement companies face margin erosion  Ø  IOB eyes Rs.2.5 lakh crore business Ø  AP govt releases Rs 108.19 Cr for handloom loan waiver Ø  RINL unveils Rs 44,500 crore expansion plan to add 8.4 mtpa additonal capacity Ø  PMO favours joint mining by NTPC, RPower in Jharkhand Ø  Super Religare scouts for buys in African & South Asian nations		Ø  Egypt crisis may impact policy, says Gokarn Ø  BEL ups focus on R&D; to spend Rs 340 cr Ø  Capital ratio dip fails to trigger fund-raising Ø  Govt waters down amendment for GST Ø  Online marketing industry size to touch Rs 2k crore by 2013 Ø  IIFCL to buy Rs 2,000 cr infra loans by March
Business Line Ø  CAG goes after another spectrum deal Ø  CIL to float bids for drilling Mozambique blocks soon Ø  Unitech promoters repay Rs 250-cr debt Ø  Spice oils, oleoresins demand rising Ø  Karnataka Bank to focus more on low-cost deposits		Mint Ø  Nagarjuna Construction disappoints in the Dec quarter Ø  Fear of Egyptian political contagion may freeze Voltas expansion Ø  R-Com, Bharti seek early exit from rural telephony scheme Ø  BP may buy into RIL gas field Ø  Cipla’s profits hit by core business slowdown and expenses on new plant
Financial Express Ø  Edelweiss to hire up to 40,000 staff Ø  Honda to launch India-specific models Ø  39 barred cos under scanner Ø  OIL net rises 26.5 pc to Rs 907.98 cr Ø  Govt shows ONGC the door on Cairn deal Ø  Food inflation surges sharply to 17.05%		DNA Money Ø  Tariffs for major ports to be freed Ø  Gold sales up 30% in Ahmedabad this marriage season Ø  Jindal Steel wins 25-year coal licence in Mozambique Ø  India Oil Corp may build $5 billion refinery in Turkey: Minister Ø  Cisco to buy digital video firm Inlet for $95 million Ø  Silver up Rs400 to Rs44,800/kg, gold rises marginally