21 Aug: Morning News (click on link to read article) : IFCI Financial Services Limited

Morning News (click on link to read article)

Economic Times		Business Standard
Ø  $1.77 tn of deposit pile helps US banks double treasury buy Ø  FII inflows to continue on policy reform initiatives: Experts Ø  Sesa Goa's coke plant commissioning delayed by three weeks Ø  India has 3rd largest no of transfer pricing cases: E&Y Ø  Greece exit from Eurozone 'manageable': ECB Ø  Usha sells stake in Honda Siel		Ø  RIL-BP to supply gas to Andhra power projects Ø  Inflation to rise 1.2% if diesel subsidy nixed, shows study Ø  Govt set to notify 51% multi-brand retail FDI in Sept Ø  Move regulators on misconduct by professionals: Govt to banks Ø  HDIL cuts gross debt by Rs 203 cr in first half of 2012 Ø  CIL has not communicated decision to exit venture:ICVL
Business Line		Mint
Ø  Industry sees more trouble ahead, says CII survey Ø  ‘Opening up FDI in insurance will foster investor confidence’ Ø  Sugar output may slip below 24.5 m tonnes 2012-13 Ø  TVS Motor all set to rise again with 125cc Phoenix Ø  Impasse over SAIL-Posco, NMDC-Severstal JVs Ø  Delays in infrastructure projects cost over Rs 52K cr		Ø  KFA loses 3,500 employees; staff costs fall 66% Ø  Non-urea prices may be monitored Ø  Wockhardt to launch generic Parkinson’s drug in US Ø  GDP to grow 6.7% this fiscal, says EAC Ø  More money to MFs, expense can touch 3% Ø  Oil rises above $114 on tight North Sea supply
Financial Express		Financial Chronicle
Ø  Grid crash probe panel backs phasing out failed financial circuit breaker Ø  SC showdown for big pharma as Novartis battles patent office Ø  'FIIs to continue on policy reforms' Ø  Maruti to lift Manesar lockout today Ø  No decision on ties with Bajaj yet: Nissan Ø  India cuts sensitive list for SAARC NLDC		Ø  Exporters bring back dollars as Re begins to rise Ø  Essar Oil’s Vadinar power plant ready to fire by Sept Ø  12 foreign funds vote against Infy stock plan Ø  Banks to be affected by RBI move: Moody's Ø  Telenor settled Uninor's loans of Rs 9,809 cr Ø  FDI in services sector dips 18% in April-May FY13 Ø  Govt to soon come out with new MoU norms for CPSEs

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