CI- more news -18.3.11

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Economic Times		Business Standard
Ø  Karnataka Bank: Future rate hikes unlikely to affect profits Ø  31 coal block licences may be revoked for poor work progress Ø  Cement: Rate hikes may affect demand from key users Ø  ADB signs USD 250 mn loan agreement with India Ø  Jubilant FoodWorks plans to diversify into non-food business Ø  GSM telcos add 14.69 mn new users in Feb: COAI Ø  Wary of fake licences, airlines rush to restore faith in aviation industry		Ø  Bharti likely to buy Qualcomm's 4G licences Ø  Bank of India to raise Rs 1,000 cr Ø  Punjab gives nod to big projects worth Rs 1,900.2 cr Ø  IVRCL bags orders worth Rs 565 crore Ø  Quake may hit Canon India revenue by 5% Ø  Banks commit Rs 4,500 cr to Ispat's debt refinance Ø  RIL, GAIL, Andhra IPPs sign gas swap agreements
Business Line Ø  BoI to raise over Rs 1,000 cr by share issue Ø  Fortis promoters pledges 0.77% stake for estimated Rs 47 cr Ø  ADB signs $250-m loan pact with Govt, IIFCL for core projects Ø  United Bank expects Rs 308 cr capital infusion by March end Ø  PF deposits to get 9.5% interest for 2010-11		Mint Ø  Jyothy Labs’ acquisition bid for Henkel India turns investors jittery Ø  Siemens seeks nod for non-banking arm Ø  Mahindra sees short-term impact on component supplies Ø  Companies chalk out plans to redeem FCCBs Ø  HCC bags two orders from Hindalco Industries
Financial Express Ø  RBI hikes key interest rates by 25 bps Ø  Bullish FIIs pump $1 bn in Indian stocks Ø  Experts draw 'Laxman rekha' on RBI hikes Ø  India Inc raises $2.7 bn via ECBs, FCCBs Ø  IOC losing Rs 238 cr a day on fuel sales Ø  PetroChina Q4 net jumps over 80%		DNA Money Ø  Coal gasification call draws Birla, Essar, Adani, Lanco Ø  ECB mop-up in January down 15% from December Ø  Ministry of environment and forests’ silence puts Sterlite in a fix Ø  R-Infra bags Rs7,200 crore Samalkot EPC contract Ø  Vodafone pips Airtel in subscriber addition Ø  HDFC enters online property search business