April 29, 2011: Morning News (click on link to read article) IFCI research,

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  BK Chaturvedi proposes dual pricing for diesel Ø  Info Edge (India) net rises 47.49% to Rs 83.97 cr in FY11 Ø  JSW Energy expects to clock FY12 sales of Rs 8,500 cr Ø  Monnet Ispat to sell 20% in power arm, raise 1,300 crore Ø  Mukesh Ambani's Reliance may buy out Bharti from Axa JV Ø  Bank of Baroda to increase overseas branches to 100		Ø  Political war sinks 2G report Ø  Biocon fourth quarter net jumps 25% to Rs 101 cr Ø  JSW Energy PAT declines by 25% Ø  Exelon to buy Constellation Energy for $7.9 bn Ø  US upset over losing fighter jet deal, envoy decides to go home Ø  Vijaya Bank net drops 58.5%
Business Line Ø  11 PAC members ‘reject' draft 2G scam report Ø  Exim Bank FY-11 net up 14% at Rs 584 cr Ø  ICICI Pru Life FY-11 PAT at Rs 808 cr Ø  Morocco seeks rice, wheat supply from India Ø  DBS Group inducts Kaviratne, Yee on board		Mint Ø  Strong operating performance in Q4 powers Exide shares Ø  Gas shortage drives Petronet LNG volumes Ø  HCL Infosystems January-March net down 11% Ø  Sony faces global legal scrutiny over breach Ø  Exxon’s profit soars 69%
Financial Express Ø  Mahindra Satyam to hire 18,000 in FY12 Ø  EPFO to pay 9.5% till new rate decided Ø  ICICI Bank Q4 result ups net by 17% Ø  Biocon Q4 net up 25 pct to Rs 101 cr Ø  'Global M&A deal touch $1 trn this yr' Ø  Piramal Glass Q4 net surges to Rs 33 cr		DNA Ø  India Inc awaits $6bn offset from jet deal Ø  Shares bought abroad must be held for over 12 months to qualify as long-term assets Ø  For Sasken, Rs110 crore Nokia account is up in the air Ø  Ministry to weigh pooling of coal prices Ø  Mahindra Holidays sets higher inventory target Ø  Raymond goes mass market