June 22: Business News Tablet (click on link to read article) : IFCI Financial Services Limited

Business News Tablet (click on link to read article)

Economic Times		Business Standard
Ø  Moody's cuts credit ratings of BofA, JPMorgan Chase, Citi Ø  RIL to sell textile biz, including Only Vimal brand Ø  Sebi seeks nod to use records in insider trading Ø  Sterlite Industries shareholders cast vote on merger, results on June 25 Ø  Delhi government asks BSES to pay up dues or face action Ø  More nations adopting Indian IP laws for drug manufacturing		Ø  Govt likely to reject Agarwal's Balco and HZL stake buy offer Ø  Rupee hits new low, at 56.57/dollar Ø  Oil at 18-month low on US, China data Ø  India has become net exporter of cotton: Study Ø  Reliance Broadcast launches TV channel in Canada Ø  Sebi mulls separate listing norms for companies
Business Line		Mint
Ø  21 cos may default on FCCB commitments: S&P Ø  India’s exports grow slower than world average in Q1 Ø  Moody’s puts Tata Power on review Ø  Board cracks down on tea units Ø  L&T, BEL in race for Rs 10,000-cr defence order Ø  India, Australia join hands for protecting foodgrains from insects		Ø  Top 11 cement makers face `6,300 crore CCI penalty Ø  Niko slashes estimates for KG-D6 basin Ø  Reliance Industries benefits as govt subsidy boosts diesel sales Ø  ITC bags UN award for world business development Ø  Govt likely to clear power discoms’ debt recast by month-end Ø  India, Germany to discuss euro zone crisis, Afghanistan
Financial Express		Financial Chronicle
Ø  PEs invest $1.8 bn via 91 deals in Q1 Ø  Sebi notifies new stock exch norms Ø  Business climate for investors worsens Ø  Mutual funds must innovate to grow: PWC Ø  US seeks WTO panel over India poultry import ban		Ø  Beware of fictitious offers promising money: RBI Ø  Zambia, Mozambique, Ethiopia invite investment from India Ø  Tech Mahindra, Mahindra Stayam set up CoE in Pune Ø  Suzlon bags 21-MW order from Serum Institute

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