3/5/11: 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  Indiabulls Real Estate posts Q4 net of Rs 47.30 crore Ø  Marico posts 42% jump in Q4 net profit Ø  GlaxoSmithKline Consumer Healthcare Limited Q4 net up 15% Ø  Godrej Consumer Products Q4 net profit up 54% Ø  Core sector grows 7.6% in March, up 5.9% in FY11 Ø  Pay hikes in FMCG, telecom & BPO sectors to touch double-digit levels this year		Ø  BEML bags Delhi Metro order Ø  Raymond betting on sub-premium category with 'Makers' Ø  Bosch Ltd net up 35% in Q1 Ø  Single window nod to projects worth Rs 1,045 cr Ø  Birla Corp records 54.15% drop in profit after tax Ø  March exports up 43.8% at $29.89 bn
Business Line Ø  HCC bags Rs 298-cr contract for Narmada canal Ø   ING Vysya to raise up to Rs 976 cr through pref issue Ø  ICICI Pru Life profit up 3-fold at Rs 808 cr Ø  IOB net almost trebles in Q4 on improved recoveries Ø  Hero Honda sales rise 39% in April		Mint Ø  Car sales in India grew at slower pace in April Ø  Tata Technologies gets Rs 141 cr investment from two entities Ø  Tech Mahindra plans BPO operations in US, Europe Ø  PwC in $25.5 mln settlement over Satyam audit Ø  RIM launches new BlackBerry Bold smartphone
Financial Express Ø  Worried RBI set to hike key policy rates Ø  Hero Honda sales up 39 pct in April Ø  M&M April sales jump 23% to 32,090 units Ø  Jairam grants final approval for Posco Ø  Ambuja Cements April sales dip 2.4 pct Ø  AI strike will not see another day: HC		DNA Ø  Morgan Stanley sees margin hit for public sector banks Ø  Tata Technologies completes equity funding for Rs141.06 crore Ø  Allahabad Bank to raise $500 million overseas via notes Ø  Gold funds benefit investors and AMCs alike Ø  Centre orders Reliance Industries to drill 11 more wells Ø  Oil drops after Osama bin Laden death