IFCI: Morning News (click on link to read article): Oct 4th

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Canara Bank Pays Highest Ever Dividend to GOI Ø  Nearly 60% of citys prepaid SIMs procured through fake documents Ø  Tata International plans to step into footwear retailing Ø  Tata Comm to acquire Sri Lankas Suntel Ø  With no govt deals L&Ts defence unit may face loss		Ø  CWG 2010 will result in economic impact of $4,940 mn Ø  R-Infra starts Rs 1,985 cr Pune-Satara highway widening work Ø  OMCs' ethanol pacts not enough for petrol plan Ø  Sistema Shyam plans IPO after December 2011 Ø  'Pushkar no longer has shares in Kochi IPL franchise'
Business Line Ø  Law Ministry backs TRAI on 2G allocation Ø  Iran deal: ONGC Videsh wants sanctions waiver Ø  Taiwanese cos scout for opportunity as LCD displaces cathode ray tubes in TVs Ø  Companies offer more fixed income options for retail investors Ø  Energy majors to enter LED manufacturing		Mint Ø  AIG to sell India MF biz Ø  Air India intensifies regional ops, to revive defunct low-cost unit Ø  Maruti Suzuki exports cross 8 lakh-mark Ø  Tata Steel hikes prices by up to Rs 1,500 a tonne Ø  BMW recalls 198,000 cars in US due to brake problems
Financial Express Ø  Ambani bros fortune grows to $40 bn Ø  7 of top-10 firms add Rs 29k cr to m-cap Ø  IMF warns against currency wars Ø  Omkar Realtors eyes Rs 1,000 cr turnover Ø  NALCO to embark on Rs 6,000 cr expansion project Ø  Tata Motors' sales up 23% in Sept Ø  Jubilant makes open offer to Cadista		DNA Money Ø  10% spurt in kharif food & oilseeds output projected Ø  40% of fiscal direct-tax target collected in first six months Ø  Bond market awaiting auction of $5 bn FII limits for cues Ø  India Oberoi Realty sets IPO at Rs253-260 Ø  Godrej Interio aims to treble turnover at Rs3,000 crore in 3 years Ø  Omnitech close to sealing European buy for $15 million Ø  CESC in talks to buy 40% in Indonesia mine