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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Nestle India posts Rs 203 cr profit for Oct-Dec 2010 Ø  SBBJ raises deposit, lending rate by 75 basis points Ø  Essar Energy to provide $1b bank guarantee Ø  L&T, Gammon fear losing out to equipment Cos from China Ø  Fortis, ICRS to invest Rs 100 cr for robotic surgery centres Ø  Maharashtra government halts acquisitions for Mukesh Ambani's SEZ		Ø  Essar Energy to buy Shell's British refinery for $350 m Ø  Centrum likely to buy part of CitiFin India portfolio for Rs 700 cr Ø  FinMin okays Rs 50,000-cr Electricity Fund Ø  State to mop up additional Rs 200 crore from VAT hike Ø  Hexaware eyes 25% growth, to up headcount to 8,000 in FY11 Ø  Coal shortage forces NTPC to shut down four units at Kaniha
Business Line Ø  Braving volatility: 3 IPOs to hit market this week Ø  ONGC wants royalty shared by all stakeholders of Rajasthan oil fields Ø  RCom told to pay for Walky service with 50% interest to BSNL Ø  G20 waters down resolution on trade imbalances Ø  Essar Energy to buy Shell's British refinery for $350 m		Mint Ø  SAIL plans $10 billion overseas expansion Ø  Revenue down, offshore business offers comfort for GE Shipping Ø  Telecom firms’ woes are not over yet Ø  Marico buys stake in Vietnam firm Ø  HDFC banking on 3G to boost mobile banking share
Financial Express Ø  'Excise hike of 2% likely in '11-12 Budget... Ø  India's FDI in 2010 dips by 22% to $21 bn Ø  Fitch affirms top rating on IBM India Ø  Shell to sell British refinery to Essar Ø  Food inflation at 9-week low of 11.05% Ø  $12 mn incentive for top Citi officials!		DNA Money Ø  India's foreign direct investment in 2010 dips by 22% to $21 billion Ø  BSNL gains 29,000 customers after portability Ø  Silver scales new peak at Rs48,700 on global cues Ø  Bihar farmers upset over slow pace of paddy procurement Ø  G20 to call energy ministers' meeting on rising oil prices Ø  Cotton futures surge 12-fold in 6 months as prices hit peaks