9 May: Business News Tablet (click on link to read article) : IFCI Financial Services Limited

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Business News Tablet (click on link to read article)

Economic Times		Business Standard
Ø  FIIs turn bearish as macro fears weigh Ø  Greek euro exit seen manageable, not catastrophic Ø  High-power tractors market to double in next 6-7 years: Escorts Ø  Reliance Retail posts 25 per cent growth in FY12 Ø  ArcelorMittal sees India plans stalled for years Ø  Shriram Transport Finance to raise Rs 500 crore through NCD issue		Ø  Fuel price hike may come this June, too Ø  There will be no rethink on Vodafone tax: FM Ø  Gold suffers biggest loss in a month on Greece concern Ø  CESC to invest Rs 10,500 cr to revive Balagarh power project Ø  Central Bank tumbles on Rs 105-cr net loss in Q4 Ø  Emami Q4 net up 33% at Rs 72 cr
Business Line		Mint
Ø  Euro Zone crisis: Exports unlikely to touch $350 b this year Ø  German firms eye rail, construction, water business Ø  Spot rubber rules steady Ø  Coal India again seeks EoI for Mozambique block exploration Ø  IGL plea adjourned till May 22 Ø  Sugar body wants notification of decision to free exports soon		Ø  2G: Govt to withdraw review petition from SC Ø  Clinton keeps pressure on India over Iran oil Ø  SC stays HC order on Lanco land dispute Ø  Hindalco posts lower Q4 profit fall; shares gain Ø  Cipla considers price cuts on more cancer drugs Ø  CESC posts profit of Rs 266 crore
Financial Express		Financial Chronicle
Ø  Hike excise duty on diesel cars: Oil Min Ø  Oil regulator refuses to fix RIL gas marketing margin Ø  'India may not achieve 21% export growth' Ø  Ceat posts Rs 41 cr net profit in Q4 Ø  Welspun India Q4 net at Rs 42.42 cr		Ø  Lok Sabha passes Finance Bill 2012-13 Ø  Weak Cognizant outlook, TCS downgrade spook IT Ø  RIL cuts India gas reserves estimate by 7% Ø  Telenor Q1 net slumps 79% on India write-off Ø  Asian Paints Q4 net rises 40% to Rs 259.5 cr

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