Morning News (click on link to read article) IFCI research, 4 March 11

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Suzlon CEO Tulsi Tanti has no plans to sell stake Ø  PFC may raise up to $1 bn in external debt Ø  GVK, JSW unit may submit fresh bids for Hancock's coal assets Ø  Orissa govt fails to submit 'assurance' on Posco project Ø  Rs 30,000-crore tied up for western freight corridor project Ø  DMK gives in, hands 60 seats to Congress		Ø  AIG sells MetLife stake for $9.6 bn Ø  Shipping ministry to raise Rs 5,000 cr via tax-free bonds Ø  PNB to buy stake in life insurance company Ø  Lanco gets environmental nod for Maharashtra power project Ø  ArcelorMittal buys 40% stake in Thailand's G Steel Ø  Duty hike need not mean lower prices: NMDC
Business Line Ø  IOB ready for overseas bond issue Ø  Gujarat HC approves demerger of Essar Shipping, Ports & Logistics Ltd Ø  Yash Birla Group to rejig auto component arms Ø  Govt may shed entire stake in Nepa Mills, HMT Watches Ø  Food inflation at 3-month low on cheaper potatoes, pulses		Mint Ø  Banking Bill gets cabinet approval Ø  Goldman Sachs in talks to buy Benchmark AMC Ø  Near-term cash outflows hit MPSEZ Ø  Bharti Airtel launches 3G service in Delhi circle Ø  Export duty, freight hikes to hit iron ore exports in near-term
Financial Express Ø  Hike deposit rates, axe loan rates: RBI Ø  'Malaysia to hire 45,000 Indian workers' Ø  Silver at Rs. 52,000 peak, gold hits high Ø  ONGC FPO deferred to next fiscal (Apr 5) Ø  Air India incurs Rs. 3,450 cr loss in H1 Ø  Nippon, POSCO in $1.8 bn rare metal deal