Aug 16: 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  Ecopetrol signs $1.2-billion oil deal with Essar Ø  Carlyle Group to buy Getty Images for $3.3 bn Ø  Need for a funding agency for steel sector: SAIL Ø  GSK sells Australian drugs to Aspen for $270 mn Ø  RBI proposes to tighten banks' exposure norms to gr co Ø  India at high financial risk from natural hazards		Ø  Sebi mulls new rules to protect investors, deepen markets Ø  Model FSA may be placed for Coal India board nod in Sep Ø  Low politico-admin support hurts FDI flow in power: NTPC Ø  Engineering exports drop 16% to $4.23 bn in July Ø  US drug regulator to inspect Aurobindo facilities Ø  Bombay Dyeing to foray into e-commerce
Business Line		Mint
Ø  Floor price for areca import hiked to Rs 75/kg Ø  Chidambaram to meet PSU bank Chiefs on Saturday Ø  IT majors begin to see revenue pressure from BFSI segment Ø  AP power utilities to invest Rs 14,000 cr in four years Ø  MTNL loss widens to Rs 1,059 cr in Q1 Ø  Jupiter Infomedia to list on BSE’s SME platform tomorrow Ø  ‘Fertiliser players looking for business prospects abroad’		Ø  HDIL, Unitech post lower profit, revenue Ø  Ratan Tata asks investors to be patient Ø  R-Power profit rises 22% on higher output Ø  Poor monsoon, economy to hit hotels Ø  RBI committee recommends steps to boost G-Secs market
Financial Express		Financial Chronicle
Ø  'BSE, NSE among top five markets' Ø  S&P downgrades cellphone maker Nokia Ø  Cement demand in India may grow 10% Ø  Cox & Kings Q1 PAT at Rs 147 cr Ø  Karnataka starts move to grant mining leases; steel plants may get preference		Ø  GAIL eyes stake in Russia's planned LNG plant Ø  RIL proposes to drill exploration well in KG D6 at own cost Ø  Inflation hard to control, growth to be tad better: PM Ø  Former customers coming back to us: Mahindra Satyam Ø  BSE saw 50% advances five times in 30 months Ø  Call on textiles debt recast today

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