June 5: 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  Greece has 1-in-3 chance of leaving euro zone: S&P Ø  Finmin mulls hike in excise on diesel vehicles Ø  Global economy at risk as US, Europe and Asia slow Ø  Petrol price: P Mukherjee favours 25% cut in states taxes Ø  Crisil cuts India's GDP growth forecast to 6.5% Ø  Karnataka expects to attract Rs 6L crore at GIM		Ø  PNB reworks deal with MetLife to fit regulatory bill Ø  Rupee flat, off recent record low Ø  OPG Power Venture to invest Rs 3,000 cr in TN, Gujarat Ø  Aviation ministry proposes slashing jet fuel taxes Ø  Maran pledges shares worth Rs 94 cr in Sun TV Ø  Man Industries gets Rs 800-cr order
Business Line		Mint
Ø  Banks step up loan recovery by auctioning mortgaged property Ø  Abbott, Biocon arm to set up nutrition research centre Ø  RIL buys back shares worth Rs 1,750.31 cr Ø  Sugar turns bitter as mill continue selling Ø  Insecticides India to raise Rs 100 cr Ø  Satyam opens Oracle campus solution in Malaysia		Ø  Kishore Biyani to exit Future Capital, reduce Pantaloon debt Ø  ITC to raise food prices as weak rupee threatens profit margin Ø  Brent crude falls to 16-month low on bleak data Ø  Hero MotoCorp to invest Rs 2,575 cr in two years Ø  HDFC doubles 5-year bond issue size to minimum Rs 500 cr Ø  MphasiS earnings continue to disappoint
Financial Express		Financial Chronicle
Ø  Indian economy in grave crisis: Ficci Ø  HCL Tech in pact with Stellar Asia Pacific Ø  Verizon buys Hughes Tele for $612 mn Ø  Falling crude prices to aid economy: FM Ø  Kirloskar buys stake in SA firm		Ø  India placed better than world economy :Assocham Ø  Policy review: RBI hints at easing interest rates Ø  Arbitration after RIL reply on notice: Oil Ministry Ø  Reliance Brands forms JV with America's Brooks Brothers Ø  Jubilant drops; JP Morgan warns about valuations

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