10/5/11: 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  Air India offers discounts to regain lost market Ø  Vinod Khosla pledges half his $1.4 bn fortune to charity Ø  Piramal Healthcare stock plunges on realty plan Ø  Development Credit Bank ups base rate, BPLR by 0.5 per cent Ø  Jyothy offers to buy 20% more in Henkel India at Rs 41.20/shar Ø  Welspun bags line pipe orders worth Rs 788 crore		Ø  EPFO set to lower rate this year Ø  Adani Power net profit jumps 77% Ø  Mukesh Ambani forgoes Rs 23.75 cr from salary Ø  RIL stops gas supply to non-priority sector Ø  Federal Bank net up 47 pc in March quarter Ø  At $105.45, crude slips to 11-week low
Business Line Ø  Tesco's retail store plan hits snag Ø  Reliance Industries cuts staff strength for third year in a row Ø  Rupee rises by 6 paise on fresh dollar selling Ø  Silver rises to Rs 56,000 on global cues Ø  Auto exports surge 30% in April		Mint Ø  Sebi to revive order against NSDL Ø  22 banks hike lending rates; only five will give more on deposits Ø  Citi shares decline after reverse split Ø  Costs hit HSBC profits as CEO readies shake-up Ø  PLG Power seeks $100 mn in London AIM IPO
Financial Express Ø  JLR plans to raise 1 billion pounds Ø  Hindustan Unilever net profit up 6.46% Ø  Welspun bags orders worth Rs 788 cr Ø  Food inflation falls to 8.53 per cent Ø  Hike fuel price in phased manner: Assocham Ø  Sebi warns India Inc over 'fixing' markets		DNA Ø  SKS Microfinance pounded again — 12th session in a row Ø  Essar deal hearing on May 24 Ø  Reliance gas supply squeeze for GVK Power Ø  Varun Industries plans Rs2,100 crore pig iron plant in Karnataka Ø  I-T dept slaps Rs7,900 crore penalty on Vodafone Ø  SAIL's Rs8,000 crore FPO likely in June