Morning News (click on link to read article) IFCI research, Feb 23, 11

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Consumer durables may become costlier Ø  Voda slams Trai over 2G pricing  Ø  SIDBI to launch Rs 1,000-cr venture capital fund Ø  Limited availability of coal could trip mega power plan Ø  Gayatri Projs bags road projects worth Rs 544 cr in Mizoram		Ø  Govt plans outright sale of its stake in HMT Bearings and Scooters India Ø  Onion cultivation area up by 35% in Gujarat, Maharashtra Ø  State's total own revenue projected at Rs 16104.90 cr Ø  Market expects Centre to borrow Rs 4.5 lakh cr in next financial year Ø  BHP to buy Chesapeake shale assets for $4.75 bn
Business Line Ø  Fuels may turn costlier as crude oil basket hits $100/b Ø  BPCL upbeat on bunker fuel business Ø  Cardamom prices drop on bearish sentiments Ø  Price rise: Govt says ‘no’ to buying vegetables directly from farmers Ø  India, China have regained pre-financial crisis trend		Mint Ø  Loan growth outlook casts shadow on IDFC stock Ø  BHP Billiton makes $4.75 bn push into US shale gas Ø  Hexaware Q3 net beats forecast; sees 2011 revenue rise Ø  Niko can raise stakes in RIL’s oil, gas assets Ø  Australia iron ore exports near halt as cyclone approaches
Financial Express Ø  Ranbaxy FY'10 profit zooms five-fold Ø  India to get Rs 150 coin soon Ø  CSR to buy Zoran Corp for $679 mn Ø  21% rise in domestic aviation traffic Ø  Inflation to average 9% in FY'11: CMIE Ø  Airlines paid passengers Rs 28L as fines		DNA Money Ø  Tax on short-term capital gains cannot be saved Ø  Idea blasts DoT, moves TDSAT on hint of Rs300 crore fine in spectrum row Ø  Govt sets $70 bn target for Asean trade Ø  Silver hits new high at Rs49,700; gold up by Rs90 Ø  Food subsidy bill to rise by 27% to Rs74,231 crore this year Ø  Idea Cellular shares drop on possible fine, permit loss report