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

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Morning News (click on link to read article)

Economic Times			Business Standard
Ø  Volkswagen, Mercedes taking distributors of Maruti, Mahindra & Mahindra  Ø  Govt to allocate Rs 2,500 cr to TUFS for MSMEs Ø  Dairy giant Amul is now a $2.2-billion company Ø  USL buys 41.54 pc stake in Sovereign Distilleries Ø  NTPC-Bhel JV clocks Rs 115-cr turnover in debut year Ø  'Glaxo to pay Rs 71.21 cr for not selling drugs at govt price'			Ø  JSW revives London listing plans Ø  Roadmin to seek pvt participation for Rs 1.19 lakh cr projects Ø  Commodity Exchanges' turnover jumps 53% in FY11 Ø  Only 10,000 tonnes of rubber imported despite duty cut Ø  Interest rates on CDs likely to decline Ø  Jindal SAW under green scanner
Business Line Ø  Unitech Wireless promoters ‘gained’ Rs 2,342 cr: CBI Ø  India Inc's overseas borrowings jump to $18.5 b in March-Dec 2010 Ø   Fitch downgrades growth rate at 8.3% Ø  Middle East accounts for 35-40% of gem & jewellery exports Ø  NALCO posts record aluminium output in 2010-11		Mint Ø  KEC International gains on new orders Ø  After Saic acquisition, Wipro faces tougher task of adding value Ø  ISB picks Adi Godrej to replace Rajat Gupta as chairman Ø  Doordarshan, AIR strike it rich with World Cup Ø  FIIs invested Rs 10 lakh cr till FY’11: Sebi
Financial Express Ø  FDI in services sector dips 23% Ø  Tata Steel tops corporate reputation list Ø  IPOs, rights mop up jump two-folds Ø  SAIL hopes 12.6 mn tn production in FY'12 Ø  BEL registers Rs 5,550 crore turnover Ø  Essar gets nod for API monogram			DNA Money Ø   Thailand expects 15% rise in Indian arrivals Ø  Ten-year bond cut-off likely below 7.90% Ø  2G scam: Ex-telecom secretary, Swan, ADAG officials charged Ø  BGR Energy ties up Rs3,000 crore for BTG plants Ø  Marg targets Rs5,000 crore turnover in three years: GRK Reddy Ø  Power ministry irked by Coal India’s failure to meet supply