21 Dec:Morning News (click on link to read article) Ø 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  Wall Street rallies 3% in broad advance Ø  European Central Bank foresees a harsh 2012 Ø  RBI penalises 19 banks for flouting derivative norms Ø  Suzlon Energy wins 20.5MW order in Britain Ø  Abu Dhabi Gas Industries Ltd signs contract with India's L&T Ø  Infosys, TCS see muted growth; fall in IT spend dims outlook		Ø  The crisis now is worse than in 2008, says India Inc Ø  Realty may see up to $5 bn PE exits in 2012 Ø  MCX becomes world's 5th-largest commodity bourse Ø  FIIs net sell Rs 526cr, DIIs net buy Rs 187cr Ø  GTL lenders okay $3-bn debt recast: sources Ø  IDFC mops up Rs 538 cr from infra bonds
Business Line		Mint
Ø  Global regulators prepare supervisory framework to prevent Lehman-like collapses Ø  Euro zone weakness may affect Asia-Pacific banks: S&P Ø  Wipro Tech bags AstraZeneca deal Ø  Output growth: CIL may face uphill task this fiscal Ø  Ashok Leyland to hike stake in UK's Optare to 75.1% Ø  Regulatory muddle choking biotech, pharma sector growth, experts say		Ø  Companies pay small premium for green salve Ø  India’s Bond Yields Drop to 4-Month Low on Rate-Cut Speculation Ø  Duncans to repay creditors in 6 months Ø  L&T bags Rs 1000 cr worth orders for Q3 FY12 Ø  RIL seeks govt help on development of additional gas fields Ø  Oil gains on supply fears, better data
Financial Express		Financial Chronicle
Ø  RBI has more measures to cushion R fall Ø  'Weak fundamentals driving rupee down' Ø  HC stays decision to takeover of land from Suzlon Ø  Kingfisher violated tax rules, says Govt Ø  Seagate completes buyout of Samsung's hard disk biz Ø  Cash volumes hit record low on higher cost & global rout		Ø  RIL seeks nod to explore satellite fields in KG-D6 Ø  BPCL seeks nod to double borrowing cap to Rs 28,000 cr Ø  World economy at a 'very dangerous juncture': IMF chief Ø  Infosys BPO to acquire Australian firm Portland for AUD 37m Ø  RIL denies Network 18 stake buy report Ø  Bancassurance has large scope to expand: Swiss Re

   (Click on link to view article)

Thanks and Regards

IFIN: IFCI Financial Services Limited