6 July, 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  Moody's cuts Portugal to junk, warns on 2nd bailout Ø  Mukesh Ambani planning to sell RGTIL biz, says report Ø  Jubilant Foodworks valued almost at par with Domino's Pizza Inc Ø  Govt to come out with negative list of service tax soon Ø  Finolex Industries likely to expand resin making capacities Ø  BSNL mulls leasing out factories to private companies		Ø  FIIs head back as macro headwinds ease Ø  RIL agrees to drill 3 more wells at D6 Ø  $1.38bn withdrawn from India-focused funds in H1 2011 Ø  Economic data revisions can mislead policymaking: RBI Ø  TDSAT stays Rs 250 cr penalty on Idea Ø  HUL to seek shareholders' nod to demerge exports biz
Business Line		Mint
Ø  Coal India's import plans may be delayed Ø  As clients push projects, Infosys ups lateral hiring Ø  Mahindra Satyam raises capex by 35% Ø  ‘Kumar Mangalam Birla not to join Kesoram board immediately’ Ø  Varun Industries finds heavy mineral deposits in Africa Ø  BT to stay invested in Tech Mahindra		Ø  ONGC set to start production from KG basin by month end Ø  Tata Housing launches first overseas project Ø  RBI caps banks investment in liquid schemes Ø  PVR buys out JP Morgan, Advantage Fund from group firm Ø  BP to aid Reliance in oil and gas hunt Ø  RBI breather for CSB to trim promoter stake
Financial Express		DNA Money
Ø  Nilekani moots LPG cap, electronic monitoring Ø  PM reviews power, coal sectors today Ø  UK service sector growth not strong to generate jobs Ø  BSE to launch SME bourse with a minimum of 5 firms Ø  Next railway budget may not see any new project Ø  India to see better inflation data: UBS		Ø  Now, retirement benefits for auto, taxi drivers! Ø  Air India may get Rs802 crore government relief Ø  GSPC likely to bring out its IPO in 2012 Ø  Bharti considering ‘debt push-down’ for Africa business Ø  NBFC to expand base to Gujarat Ø  Escalating land prices in city leading to rise in frauds

   (Click on link to view article)