8 Sept: 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  OVL to buy Hess' stake in Azeri-Chirag-Gunashli oil field Ø  RCom lost 20.5 mn mobile customers in July Ø  Court rules for Cipla against Roche in patent case Ø  CLSA expects RIL to double profits by 2016 Ø  Forex reserves rise by $282.3 mn to $290.46 bn Ø  Banks reducing bulk deposits rates on reduced credit off-take		Ø  Govt lines up divestment in three miners to rake in Rs 10K cr Ø  Gold rushes to six-month high after US jobs data Ø  Total market turnover on Sep 7 at Rs 1.29 lakh crore Ø  FIIs net buyers of Rs 502 cr in cash mkt today Ø  China approves $157 bn infrastructure spending Ø  Aurobindo Pharma gets US nod for anti-hypertension pills
Business Line		DNA
Ø  BSE, NSE to hold special trading session today Ø  Fitch: Macro situation weak on slow growth, inflation Ø  Mah Satyam parks its funds with Tech Mah as ICDs Ø  TCS inks Rs 103-cr pact with W. Bengal Ø  Mah Satyam’s minority investors oppose valuation, swap ratio Ø  Cotton dives 5% on monsoon revival		Ø  Sensex soars 337 points on ECB's bond buying plans; ICICI, RIL lead Ø  Differential deposit rates worrying RBI Ø  Second Sebi consent order in HDFC MF front running
Financial Express		Financial Chronicle
Ø  HDFC, Kotak Bank in Forbes' Asia Fab 50 Ø  India remittances at $66 bn in 2011-'12 Ø  L&T, TCS in world's most innovative list Ø  Fiscal consolidation must: FinMin Ø  Godrej Industries exits Godrej Hershey		Ø  RBI permits investment in Pakistan by Indian corporates Ø  Cost overrun of over Rs 52k cr due to project delays: Govt Ø  Ficci for changes in land acquisition Bill Ø  Govt to place views on coal blocks by Sept 14

(Click on link to view article)

Thanks and Regards

IFIN: IFCI Financial Services Limited

��