13 April 2012:: Morning News (click on link to read article) IFCI research,

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Morning News (click on link to read article)

Economic Times		Business Standard
Ø  Coal ministry will have power over regulator Ø  Rupee hit by oil dollar demand; more falls seen Ø  Spain in emergency ward; grave but not critical Ø  Jet eyes more global routes; expediates hiring Ø  PSL bags Rs 570 cr order from IOC for pipeline project Ø  Cabinet approves Neyveli's proposed JV for power project in UP		Ø  'No time limit for LIC to cut stake in companies' Ø  New York Life to exit Max India JV Ø  CLB refers Unitech, Uninor dispute to arbitration Ø  AREVA gets RPower contract for 250-MW solar project Ø  IIP data to have bearing on monetary policy: Pranab Ø  Govt may allow fresh cotton exports post assessing production
Business Line		Mint
Ø  Moody's downgrades ONGC, GAIL local currency rating Ø  IDBI Bank to raise $1 b this fiscal from overseas markets Ø  CCEA approves ad-valorem royalty for coal, lignite Ø  NSE to launch FTSE index derivative trading on May 3 Ø  MRPL shuts down 2 units due to water shortage  Ø  Dish TV gets relief from TDSAT		Ø  LIC to invest around `60,000 cr in equities Ø  Diesel prices likely to rise once finance bill approved Ø  Hero MotoCorp begins work on high-end bike model Ø  IEA says oil market fundamentals easing Ø  Infosys, TCS to feel the heat of competition, US election Ø  Cabinet approves Air India financial restructuring
Financial Express		Financial Chronicle
Ø  Sunset clause in GAAR to help Mauritius FIIs trim positions Ø  GAAR concerns force FIIs to put brakes on PN remittance Ø  'India's exports in volume grow fastest' Ø  Govt approves Public Procurement Bill Ø  NBCC makes weak debut on bourses		Ø  SBI looks to buy loans from distressed banks in US, EU Ø  RIL to announce Q4 results on April 20 Ø  Industrial growth drops to disappointing 4.1% in Feb Ø  Lending rates may not fall drastically in FY13: Crisil Ø  India replaces China as Iran's top oil client

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