Morning News (click on link to read article) IFCI research, Feb 3, 2011

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Dhanlaxmi Bank hikes fixed deposit interest rates Ø  Essar plea dismissed, REpower can ally with new partners Ø  Mercator Lines to invest Rs 200-250 crore on coal mine in Indonesia Ø  Hindustan Construction bags Rs 345 crore project Ø  Fortis seeks shareholders approval for name change Ø  Pranab Mukherjee calms stock markets, assures 8.5% growth will be achieved		Ø  Tata Steel to raise $500 mn Ø  KMC plans to employ 14,000 in civic works Ø  Rural work scheme cuts spend, wants more cash Ø  HCC bags EPC order from SSNNL Ø  DoT unlikely to cancel telcos' licences Ø  Irda tightens norms for third-party agents
Business Line Ø  CBI arrests former Telecom Minister A Raja Ø  Pawar not for FDI in agriculture; favours food processing Ø  Reliance weighing options in Atlas Energy venture Ø  IT-BPO exports slated to grow 16-18% in FY12 Ø  Religare Technova is now Dion Global Solutions		Mint Ø  Power sector may get a foreign fund break Ø  GSK Consumer’s margins improve despite rising input costs Ø  Panasonic Q3 profit falls on tough rivallry, yen Ø  GSK buyback hopes rise after $1.7 bn Quest sale Ø  New Vodafone chairman brings emerging markets focus
Financial Express Ø  Indian Oil Corp losing Rs 189 cr per day Ø  Jet posts Q3 net profit of Rs 118.23 cr Ø  Exports at $ 22.5 bn; highest in 33 mths Ø  Fiscal deficit down 45% to Rs 1.71 lakh cr Ø  China's global trade rises to $2.97 trilli... Ø  Hero Honda Q3 net down 19.9 pct		DNA Money Ø  Mahindra & Mahindra promoter stake falls below crucial 26% mark Ø  IIFCL to raise Rs1,200 crore through infra bonds Ø  RBI survey raises GDP estimate to 8.7% Ø  After a buoyant January, slowdown worries Maruti Ø  Bharti Airtel says repaid $415 million 3G debt in December quarter Ø  Honda to lower CR-V exports to US to reduce forex impact