Morning News (click on link to read article) IFCI research Feb 9, 2011

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Morning News (click on link to read article)

Economic Times			Business Standard
Ø  No more Renault at outlets of Mahindra Ø  Govt biz facilitation drive to help exporters save Rs 2,100 cr a year Ø  Post plastic ban, gutka products to be costly Ø  PFC raises $260-mn loan from Tokyo, Singapore banks Ø  Over 17 lakh users opt for MNP: Trai Ø  AI to take Rs 600cr loan to pay wages			Ø  JSW joins $2-bn race for Aussie coal mine Ø  Companies drop IPOs to take PE investment route Ø  IDFC to borrow more abroad Ø  United Tech in talks for five JVs Ø  MoCA reopens 2G scam cases Ø  Adani Power Q3 PAT up 50%
Business Line Ø  Govt looking at exit options for ISRO Ø  PowerGrid net jumps 21% to Rs Rs 591 cr in Oct-Dec Ø  PMO denies revenue loss, but Antrix-Devas deal suggests otherwise Ø  ISMA lowers sugar output estimates		Mint Ø  New telecom scandals hit govt Ø  GAIL in talks with GVK, GMR for LNG terminal Ø  Air India top recruits face Ravi’s audit Ø  Banks lift Japan, Australian shares Ø  Gold a tad higher; physical buying slows down
Financial Express Ø  Unlisted cos shareholders to set CEO pay Ø  HDFC MF unveils 'cancer-based' fund Ø  ArcelorMittal posts $780 mn net loss in Q3 Ø  BSE escalates price war with rival NSE Ø  Fortis Healthcare Q3 net jumps 58.69 pct			DNA Money Ø  IIP set to slip to 2% or less for December Ø  Kandla Port losing container volumes; market share shift visible on western coast Ø   Toyota Q3 op profit falls 47.6 pct, forecasts lifted Ø  Lanco to ‘derisk’, up PPA share as merchant power disappoints Ø  Novelis to debottleneck, expand across globe