Morning News (click on link to read article): IFCI Research: Nov 16, 2010

Visit http://indiaer.blogspot.com/ for complete details �� ��

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Kingfisher Airlines trims Q2 losses by 44% Ø  Muthoot to sell 14% to raise Rs 2,000 crore Ø  IDFC Foundation invests Rs 2.25-cr in Pipal Tree Ø  Dabur buys US hair care co for $100 mn Ø  Tecpro bags Rs 94-cr deal to supply plant Ø  Natco Pharma to raise Rs 100cr; Q2 net up 11% to Rs 14.82 cr		Ø  GE india to localise bulk of its domestic products Ø  Bodal Chemicals Q2 net up 111% Ø  BHP Billiton scraps $40-bn Potash bid, revives buyback Ø  BP to sell African units to Trafigura for $296 million Ø  NLC to set up over Rs 2,000-cr coal-fired power plant in UP Ø  October trade deficit widens to $9.7 bn
Business Line Ø  Deposit Rs 2,500 cr in 3 weeks, apex court tells Vodafone Ø  With Kochi headed for pavilion, Videocon and Adani may bat for IPL Ø  Wholesale Price Index inflation eases to 8.58% in Oct Ø  Indian automotive after-market may touch $9.4 b by 2015 Ø  Global cues drag spot rubber prices		Mint Ø  Toyota Kirloskar sees 60% revenue jump Ø  Rajasthan Royals, Kings XI, BCCI seek arbitration on IPL ouster Ø  Software firms optimistic after Obama visit, US poll outcome Ø  Deccan 360 aims to double capacity, expand fleet Ø  Nearly Rs90,000cr credit disbursed to farmers in Q1
Ø  Financial Express Ø  TCS plans to recruit 50,000 Ø  Mahindra Satyam Q2 profit at Rs 23 cr Ø  Shree Renuka Sugars Q2 net up 15% Ø  Exports surge by 21.3% to $18 bn in Oct Ø  RRP Infra IPO price-band fixed at Rs 68-75 Ø  PwC to expand India ops; invest $ 100 mn		DNA Money Ø  HPCL to spend Rs13,000 crore to double Vizag capacity Ø  HDIL sells FSI worth Rs650 crore Ø  Oil hovers near $85 as traders eye China's economy Ø  Hindustan Construction Co's infra subsidiary to raise Rs300 crore by March Ø  Unitech slips a lot on deliveries, debt up 11.6% or Rs700 crore Ø  Tech Mahindra-Satyam merger stalled by ‘certain issues’