Morning News (click on link to read article) IFCI research, Jan 20, 2011

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 Morning News (click on link to read article)

Economic Times	Ø	Business Standard
Ø  Bajaj Auto: High input costs dampen strong sales numbers Ø  HCL Tech net up 34% on Asia biz, lower currency losses Ø  Aptech posts 27.48 pc jump in Q3 net profit to Rs 3.34 cr Ø  Farm gear maker Deere plans $100m plant in India Ø  PowerGrid Corporation bags 1,600cr Jharkhand project  Ø  SBI-led consortium approves Rs1230cr debt financing:Jai Balaji		Ø  Ramesh softens Vedanta stand Ø  Telangana stir evens out Andhra realty Ø  Steel and sponge iron units demand rationalisation of power tariff Ø  OILmin seeks lower duties to avoid price increase Ø  Sugar industry worried after Pawar's exit Ø  Obama, Hu strike $45 bn in deals
Business Line Ø  ICICI, Citibank to raise Rs 5,500 cr for Air India aircraft buy Ø  Rubber user industry in a dilemma over imports Ø  Indian textile exporters may edge out China Ø  Tender for supercritical boilers: NTPC to defer opening of bids Ø  PFC looking at equity funding of nuke projects		Mint Ø  Tata Steel FPO sees lukewarm retail response on Day 1 Ø  IndiGo gets govt nod for overseas flights Ø  Telcos don’t see many post-paid customers switching services Ø  Anand Sinha is new deputy governor of RBI Ø  India discusses rail plan with Tata, L&T
Financial Express Ø  LIC Housing Finance profit up by 39% Ø  Essar slams Vodafone, says merger valid Ø  Orchid Dec quarter PAT vaults 400% Ø  Rolta sells 50% JV stake to Shaw Ø  Railways seek Rs 40,000 cr budgetary support Ø  Malegam panel wants 24%cap on MFI loans		DNA Money Ø  HCL Tech sees era of big IT contracts from US over Ø  Portability launch spurs war for post-paid users Ø  Petroleum ministry seeks prompt release of Rs10,000 crore subsidy Ø  Infotech lines up plan to restore margins Ø  US to become Ranbaxy’s biggest market Ø  Hindustan Zinc poised to become world number 5 silver producer