28 Aug: Morning News (click on link to read article) : IFCI Financial Services Limited

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  RBI junks SBI demand to dump CRR Ø  Private power tariffs can be raised: AG Ø  CBI to carry out re-inspection of 15 coal blocks Ø  L&T to sell plastics machinery business to Toshiba Machine Ø  Greece to sell 3 jets to cut defence costs: Govt Ø  SC orders joint probe by CPCB and TNPCB into Sterlite case		Ø  DIIs net sell Rs 501cr, FIIs net buy Rs 200cr Ø  Rupee sheds 19p to 55.69 on dollar demand from oil cos Ø  Gold futures touch record high of Rs 31,468 Ø  Oil rises above $114 on storm threat, stimulus hopes Ø  Total market turnover on Aug 27 at Rs 1.70 lakh crore Ø  Alstom bags Rs 2,800-cr contract from Power Grid
Business Line		Mint
Ø  SEBI moots zero fee demat account for small investors Ø  F&O segment: Commodity and currency cede ground to equities Ø  ICRA assigns `negative’ rating to IOC bonds Ø  NDTV denies approaching WPP for settlement Ø  Megha Engineering equipment for ONGC Assam project Ø  Hindusthan Glass expects German arm to be back in black this fiscal		Ø  SpiceJet to start flights to China, Riyadh by October Ø  Split Coal India: national security panel Ø  SC allows more time for 2G auction Ø  DERC penalises Tata Power Distribution Ltd for violations Ø  Capital goods: Earning downgrades continue on margin pressure Ø  Manipal Hospitals to raise Rs800 cr from PE funds
Financial Express		Financial Chronicle
Ø  Telcos must pay for spectrum from Day 1 Ø  'Odisha top destination for FDI in India' Ø  No-frills demat a/c for investors: Sebi Ø  Too much money invested in gold: CII Ø  No case of cartelisation in steel: Govt Ø  Sebi allows PE help to start-up IPOs		Ø  PM dubs CAG report on coal blocks as flawed, misleading Ø  GAIL India signs LNG supply agreement with France's GDF Suez Ø  Sebi tweaks rules for faster stake dilution by promoters Ø  NSE to hold special trading session on September 8 Ø  Europe drawn back to its first problem: Greece

(Click on link to view article)

Thanks and Regards

IFIN: IFCI Financial Services Limited

��