Morning News (click on link to read article) IFCI research, Jan 31, 2011

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Morning News (click on link to read article)

Economic Times	Ø	Business Standard
Ø  PMK set to switch sides in TN polls again Ø  NTPC Q3 profit may dip despite higher sales Ø  HDFC debuts in education Ø  Eros Intl Q3 net surges nearly three-fold Ø  Inox Leisure Q3 net slips 40 pc at Rs 5.25 crore Ø  IBM to offer $1,000 Esops to India staff		Ø  Lavasa files another plea against MoEF Ø  VCs raise investment in auto services Ø  HPCL plans lubricant blending facility Ø  DoT may get Rs 50,000 crore from telecom policy change Ø  CD rates seen above 10% this week Ø  IOB to raise $1 bn via medium term notes
Business Line Ø  Prices ease at Kochi tea auction Ø  Gold may move lower; copper, tin outlook bullish Ø  Cairn India: ONGC maintains it has first right of refusal Ø  Draft telecom policy for Cabinet nod in early Feb Ø  New spectrum policy to create level playing field: TTSL		Mint Ø  Tata Global hit by higher tea prices Ø  ONGC does well before its FPO Ø  Goodbye to high returns at SKS Ø  Maruti Q3 net profit falls 18%, lags forecast Ø  NMDC re-valuating agreement with Rio Tinto
Financial Express Ø  India's engineering exports up by 50% Ø  Top 7 cos shed nearly Rs 50K cr in m-cap Ø  Indian ADRs lose $23bn in mcap in Jan Ø  Sterlite Technologies Q3 net falls 76.8 pct Ø  Govt public debt in Q3 jumps 4% Ø  FDI in services sector dips about 27%		DNA Money Ø  For mutual funds, offshore advisory is gaining currency Ø  Tired of Chinese moves, United Phosphorous to restart unit Ø  Lupin global ride hinges on the Power of Five Ø  Jet Airways to enhance connectivity to Gulf region Ø  RBI governor to appear before PAC on 2G spectrum allocation Ø  Banks to impose penalty on premature closure of fixed deposits