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

Please Share:: India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Cabinet note soon on 51% FDI in multi-brand retail Ø  Emerging world buys $10bn in gold as West wobbles Ø  Reliance shuts oil production facilities in KG-D6 Ø  Defence likely to receive $30 bn investment Ø  Hindustan Copper posts net profit of Rs 60.41 crore in first quarter Ø  Coal India may not bid for Golden Energy Mines		Ø  GMR hopes to land Spain airport projects Ø  DLF to finalise 2 non-core assets sale deals Ø  EU for duty cuts in auto sector in FTA with India Ø  Sebi clears single-window clearance for prior approvals Ø  Deallocated mines won't be taken away: Power Min to NTPC Ø  Rexam, Hindustan Tin to invest Rs 220 cr in expansion
Business Line		Mint
Ø  RBI sets conditions for derivative deals by banks Ø  BEML opens Thai front with Rs 120-crore deal Ø  RInfra gets Maharashtra power regulator nod to recover Rs 2,316 cr Ø  Lanco Infra bags Maha Tamil coal block Ø  Firstsource Solutions Q1 profit down 67% on hiring costs Ø  USFDA inspects Divis Labs’ Hyderabad unit		Ø  US debt deal to have positive impact on Indian IT Cos: Wipro Ø  Loan recast for textile firms likely Ø  StanChart’s India profit drops on higher provisions in first half Ø  Hinduja Global acquires Canadian firm for Rs354 crore Ø  Essar to invest up to $4 bln in Zimbabwe steel plant Ø  Ceat posts Q1 loss hit by high input costs; low utilization
Financial Express		Financial Chronicle
Ø  Start-ups get the money push from VC investors Ø  'Ban subsidised gas for Rs 6L earners' Ø  Bharti Airtel Q1 net profit falls 28% Ø  Jet, Kingfisher, AI losses staggering Ø  Tariff structure may force cut in port container traffic Ø  Developers stare at vacant office spaces		Ø  Gold rallies to record as economic concerns spur demand Ø  RBI panel seeks parity for home loan takers Ø  MTNL not to hike tariffs; committed to serve customers better Ø  Ashok Leyland reports 16% jump in sales in July Ø  House of Commons panel to query HCL further Ø  Radico Khaitan Q1 net up 28.57% to Rs 20.7 cr

   (Click on link to view article)