28 June 2011:: Morning News (click on link to read article) IFCI research,

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

 Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Great Eastern, Dart & Essar eye ONGC's methane blocks Ø  Greek debt restructuring could eclipse Lehman: ECB's Stark Ø  Cairn drops non-compete fee for Vedanta Ø  Nalco cuts product prices by Rs 2,000 per tonne Ø  India Inc looks at China as FCCB crisis looms large Ø  Glenmark receives $25 mn from Sanofi as upfront payment		Ø  Green signal for FDI in proprietary trading Ø  NMDC carrying due diligence to buy stake in Brazilian firm Ø  Japan could face a third 'lost' decade: Moody's Ø  Schneider enters Indian retail electrical goods market Ø  Usher Agro signs MOU with NBHC Ø  Punj Lloyd bags Rs 826 cr deal from Gujarat State Petro
Business Line		Mint
Ø  Posco's India plans hit new hurdle, now in Karnataka Ø  BIS cautions on ‘shadow banking' threat to global financial stability Ø  AP regulator rules in favour of Lanco Infra against discoms Ø  Celkon mulls setting up assembling unit in south India Ø  Grasim units restart production Ø  Foreign investors allowed to invest up to $ 10 b in MF equity schemes		Ø  HCC, Alstom JV bags Rs1,843 crore order from THDC India Ø  GVS takes stake in Facebook, valuing it at $70 bln Ø  Inflation to top 10% in July, says Nomura Ø  GTL, GTL Infra rope in SBI Capital to review business Ø  GAIL seeks exemption from payment of fuel subsidies Ø  Ice Mobile aims to sell 1 mn low radiation phones in FY’12
Financial Express		DNA Money
Ø  Another twist to Essar’s Loop Ø  Threat of $100bn hit if US loses top rating Ø  Toyota takes on Maruti, Hyundai with Etios Liva Ø  RPP Infra launches subsidiary in Sri Lanka Ø  Chinese auditors unearth scam in govt housing allotment Ø  General insurance industry's premium income up 27% in May		Ø  NTPC defers $500 million bond issue as rates stay high Ø  Oil duty cuts to impact fiscal deficit: Montek Singh Ahluwalia Ø  Need international effort to tackle piracy without: AK Antony Ø  Bond market to react positively to petro hikes Ø   Oil below $91 as US dollar gains amid Greece crisis Ø  Sahara moves Supreme Court against SEBI order for refund to investors

   (Click on link to view article)