Morning News (click on link to read article) IFCI research, 4 Jan 2011

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Morning News (click on link to read article)

Economic Times	Ø	Business Standard
Ø  Nalanda Capital hikes Voltamp stake to 8%  Ø  Business up 24.45 pc at Rs 3.20 lakh crore in 2010: UBI Ø  Emami expects 15-20% growth in Chyawanprash segment Ø  Dabur completes acquisition of US-based Namaste Group Ø  Fabindia gives workers stake in company Ø  CIL to tie up with pvt cos to develop gasification project		Ø  JSL to double coke capacity with group company JSW's help Ø  Jayaswal Neco ties up debt for Rs3,300-crore expansion Ø  Fiat may up its Chrysler stake to 51% before IPO Ø  Exports rise 26.5% in Nov, may exceed $200-bn target Ø  Diamond Power bags orders from PGCIL, SMO-SPIC Ø  Bajaj Auto reports 10% sales growth in Decemeber
Business Line Ø  Tata Power ends Olympus deal to raise $300 m Ø  Govt to identify `Indian Ivy league' to boost research Ø  20,000 get offers as Infosys' campus drive goes into top gear Ø  Rubber output up in Dec; consumption drops 1.3% Ø  KEC wins orders worth Rs 980 cr		Mint Ø  Sebi moves apex court against Allahabad HC order on Sahara Ø  Patni deal with iGate, Apax still on: source Ø  Goldman, Digital Sky Technologies invest in Facebook: NYT Ø  Posco to tap Africa, Siberia, poles for resources Ø  MRF net jumps 43%; sees tougher days ahead
Financial Express Ø  Reliance may build $1.2 bn LNG terminal Ø  HTC 7 Mozart in India for Rs 26,490 Ø  AI posts Rs 21.66 cr operating surplus Ø  Hero Gr AVP arrested in Citi scam case Ø  India factory PMI slips to 56.7 pct Ø  Exports surge by 26.5% to $18.8 bn in Nov		DNA Money Ø  ACC, Ambuja despatches rise in December Ø  Small and medium enterprises funding a Rs50,000 crore opportunity for banks Ø  Tata Power exits $300 million deal with private equity firm Olympus Ø  Bank of America to take $3 billion mortgage settlement charge Ø  SAIL raises prices of its products by 3% in January Ø  Larsen & Toubro bags Rs1,103-crore orders from railway sector