IFCI research, Morning News (click on link to read article) Feb 17, 2011

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Hindalco gears up to reap benefits of Novelis deal Ø  Bigger loan window for PFC & REC, tax breaks on ECBs sought Ø  'Extend tax holiday to profit from natural gas production' Ø  OPPI demands rationalisation of excise duty rates of API Ø  COAI for continuing tax holiday benefits in case of M&As		Ø  PM: Scams won't impede economic reforms Ø  Clause trumps ONGC's royalty sharing demand Ø  Jet seeks nod for direct flight to US Ø  Retailers to use private labels to counter Reckitt's cut Ø  Biyani to raise apparel prices by 18% to improve margins Ø  BHP in $80-bn expansion spree, puts off big M&A
Business Line Ø  Decision to annul Antrix deal with Devas stands: PM Ø  `I am not afraid of appearing before JPC’: PM Ø  PM distances himself from 2G fiasco Ø  ‘Air India needs Rs 10,000 cr' Ø  Textiles, pharma sectors to gain most from trade pact with Japan Ø  Forecasts differ on spread of easterly showers			Mint Ø  New norms on pension liabilities to hit profits Ø  Aventis sales jump in December quarter Ø  Sri Lanka ready to nominate OVL for oil and gas blocks Ø  Telangana stir: Andhra Pradesh set for summer of discontent Ø  Sanofi to buy Genzyme for $20.1 billion Ø  Infosys sees Europe budgets rising; firm to increase local hiring Ø  Labour woes leave ships stranded at Cochin port
Financial Express Ø  2G: CBI questions Anil Ambani Ø  Reliance Ind plans up to $30 bn investment Ø  'Indians optimistic on salaries, job' Ø  Banks may get aid for rural lending Ø  Tata Comm acquires US-based BitGravity Ø  SAIL to set up Rs 15,000 cr plant in Mongo...		DNA Money Ø  Bharati Shipyard mulls funding options for new shipyards in Bengal, Gujarat Ø  ‘Recruitment has picked up pace across various verticals’ Ø  Pantaloon may raise funds for digital biz by March Ø  Make medical diagnosis cheaper, affordable in this budget Ø  Krishna-Godavari-D6 production seen stuck at current levels