Sept 5: 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  ONGC's Iran investment may hit US shale gas plans Ø  Tata Capital sues Deccan Chronicle over dues Ø  Reliance Infra plans to convert Kerala power plant onto gas Ø  NTPC's poor logistics plan for coal costs Rs 699 cr additional Ø  GMR Infra to trim debt, raise up to Rs 4,000 cr Ø  Infosys open to larger acquisitions: Balakrishnan, CFO		Ø  Petrol, diesel prices may be raised after Monsoon session ends Ø  Gold near peak again, importers wary Ø  Moody's changes EU rating outlook to negative Ø  FIIs net buy Rs 304cr, DIIs net sell Rs 106cr Ø  Total market turnover on Sep 4 at Rs 1.17 lakh crore Ø  Governance deficit delays Nalco's Rs 4,000 cr expansion
Business Line		Mint
Ø  Hardcastle buys out McDonald’s stake Ø  Coal India to seek consumers’ consent for price-pooling Ø  Educomp puts off expansion plans Ø  Reliance Capital to consider special dividend Ø  ‘Foreign investors eyeing Indian realty market on a selective basis' Ø  RCom pushes tower biz sale to next year		Ø  Non-OECD consumers should act together: IEA Ø  Tech Mahindra buys Hutchison Global Services for $87.1 mn Ø  Reserve Bank defends priority sector lending norms Ø  ‘Banks need extra capital of Rs5 trillion under Basel III’ Ø  CAG raps Air India for Rs 15 crore ‘wasteful’ expenditure Ø  Anil Ambani reassures RCom shareholders as debt weighs
Financial Express		Financial Chronicle
Ø  Indian cos invested $2 bn overseas Ø  India Inc overseas borrowing at $1 bn Ø  Consumers' confidence falls: Survey Ø  CAG says scam in GAIL links to pvt cos Ø  ATF price hike turns air travel costlier		Ø  Tata Sons’ profit dips on lower capital gains from share sales Ø  Home, car loan volumes rise at SBI after rate cut Ø  Coal scam: CBI files five FIRs; five companies booked Ø  Central Bank needs Rs 2,500 cr capital infusion in FY13 Ø  High global crude oil prices a concern: IEA

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