Morning News (click on link to read article) IFCI Research 2/2/11

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Morning News (click on link to read article)

Economic Times	Ø	Business Standard
Ø  NE states want ban on pre-paid mobile services  Ø  Nalco: Rising prices boost growth prospects Ø  Vodafone puts off tower sale on Essar spat  Ø  State-run oil co losses on diesel sales climb to Rs 9.23/ltr Ø  Deccan, Taj and Business Jets join hands to launch Powerfly Ø  Vedanta seeks govt help for sourcing bauxite		Ø  India Inc raises $23.8 bn in 2010 via ECB, FCCBs Ø  Cairo turmoil twists OMC finances further Ø  BEL sees its order book soar Ø  SBI to raise Rs 10,000 cr through bonds Ø  Unitech promoters' repay Rs 51 cr to a clutch of investors Ø  RIL cries foul after US shale gas partner exits
Business Line Ø  Can't cancel 2G licences on CAG report: Court Ø  FIIs may turn away from India, inflation; move to Brazil Ø  HDFC leads rate hike; home, auto loans to turn costlier Ø  Refiners expect fuel losses to cross Rs 1-lakh crore next fiscal Ø  Elder Pharma targets $ one billion revenue from Japan		Mint Ø  RIL calls tower firm tenders for broadband Ø  ED spectrum allocation probe hits tax haven stumbling block Ø  Plant shutdowns, higher costs hit Tata Chemicals Ø  DLF trims expenses; interest costs weigh Ø  US generics slow Glenmark growth
Financial Express Ø  Car, two-wheeler sales slow in Jan Ø  M&M to launch premium SUV Ø  Dabur shuts Egypt plant Ø  Exports at $ 22.5 bn; highest in 33 mths Ø  Afcon bags Rs 2,598-cr Chennai Metro Proje... Ø  Mahindra & Mahindra Jan sales up 22%		DNA Money Ø  With Saudi Telecom deal, Aegis aims for next orbit Ø  TTK Prestige to double outlets in a year Ø  DLF to invest Rs400 crore per quarter to buy land Ø  Gati hires consultant for makeover, plans buyouts Ø  Interest rates on home loans into double digits Ø  Coffee chain Lavazza to set up unit in Andhra Pradesh SEZ