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11 October 2012
Oct 11: Morning News (click on link to read article) : IFCI Financial Services Limited
Morning News (click on link to read article)
Economic Times
Business Standard
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S&P cuts Spain rating to lowest investment grade
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With high fiscal deficit, chance of downgrade persists: S&P
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RBI relaxes norms for opening subsidiaries by foreign NBFCs
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GDP to rise by 6.5% if India is self-sufficient in oil: PwC
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Auto sector growth staggers: SIAM
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Maran releases pledged shares in Spicejet, Sun TV
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FIIs net buy Rs 408cr, DIIs net sell Rs 396cr
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Net direct tax collections rise 16% in April-Sept
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Total market turnover on Oct 10 at Rs 1.5 lakh crore
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Recession eroded $12 trillion of household wealth: study
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Future Group looking at options to bring partners
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Minority shareholders get teeth in Companies Bill
Business Line
Mint
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FinMin, RBI all set to open ECB window for affordable housing
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Import duty hike on white sugar likely
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GVK gets nod for coal rail terminal in Australia
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Steel demand grew 6.6% in Apr-Aug, trend to continue: SAIL
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L&T Finance acquires Indo Pacific Housing for Rs 110 cr
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Van Gogh sells Shriram City Union Fin scrips worth Rs 190 cr
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Environment ministry to oppose national investment board
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Tata Steel Europe to get Mozambique ore supplies by Oct-end
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India IT spending to reach $71.5 bn in 2013, says Gartner
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Govt looking to fast-track new bank licences
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IndusInd Q2 net up by 30%
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DCHL gets until Friday for Deccan Chargers bank guarantee
Financial Express
Financial Chronicle
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S&P cuts SBI rating on quality concerns
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India expands more than China: HSBC
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Germany may block EADS-BAE merger
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US sues Wells Fargo for mortgage fraud
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Kingfisher Air asks staff to resume ops
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MCX-SX does not use monolithic system architecture
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Early stage venture funds pip bigger PEs in India
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India becoming more important on G20 stage: Bernanke
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Auto sales skid in Sept; post sharpest fall in 4 yrs
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IIP may expand by less than two per cent in FY13: Assocham
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Mukesh Ambani richest Indian with wealth of $19.3b
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Indian IT spend to grow 7.7% to $72b in 2013, says Gartner
(Click on link to view article)
Thanks and Regards
IFIN: IFCI Financial Services Limited
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