26 Dec: Morning News (click on link to read article) Ø IFCI research,

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  IT, led by TCS, Infosys and Wipro, pips manufacturing in job creation Ø  Global economy under threat, says IMF's Christine Lagarde Ø  'No provision for penalty in RIL's KG-D6 contract' Ø  MFIs hope for better time ahead on regulatory clarity Ø  Lupin to replicate Japan model for expansion in various markets Ø  Co Bill for refund of benefits in case of Satyam type frauds		Ø  Mid-sized firms' tax boom busts total gloom theory Ø  China to cut reserve requirement next year Ø  Currency derivatives lose momentum, USE hit hardest Ø  RBI may lead group formed to deal with global crisis impact Ø  Coffee consumption rises by 6% Ø  Tyre dealers seek removal of anti-dumping duty Ø  Power trading firms hit by payment delay
Business Line		Mint
Ø  Coal India will switch to new pricing mechanism from Jan Ø  ‘India Inc hlds on to cash, expects troubled times ahead' Ø  Volatile markets derail disinvestment plans in 2011 Ø  FDI in multi-brand retail: So near yet so far in 2011 Ø  I-T dept to re-check taxpayers’ past account data Ø  Gujarat Gas to shine on stake sale buzz		Ø  Compliance, quality issues cast shadow on pharma deals Ø  REC firms up plan to raise up to $600 mn through FCCBs Ø  JLR sales to boost Tata Motors’ overall performance Ø  RBI likely to go for rate cut in 2012 Q2 : Nomura Ø  Bharti Airtel calls 3G roaming pact ban “arbitrary” Ø  Cadila Healthcare stock falls on Biochem acquisition
Financial Express		Financial Chronicle
Ø  Client accounts opened from January to follow KRA norms Ø  Pak, China ink $1.58-bn currency swap deal Ø  CLSA cuts India's growth f'cast to 6.7% Ø  Rupee fall may escalate inflation: Fitch Ø  Petrol price may be hiked by Re 1 Ø  Top-6 cos lose Rs 9,791 cr in m-cap		Ø  Tata Motors to replace starters in all Nanos Ø  Japan, India to push ahead with 3 infrastructure projects Ø  FDI dips by 50% to $ 1.16b in Oct Ø  No problem in presenting budget in time despite polls: Pranab Ø  R&D hiring in India may grow by up to 20% in 2012 Ø   Promoters busy buying shares in falling market

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