Morning News (click on link to read article)
Economic Times
Business Standard
Ø Moody's cuts outlook on EU stability facility
Ø Aditya Birla Group ups bid price for Northern Iron
Ø Europe, US economies struggle as China stabilizes
Ø HSBC to sell stakes in Karnataka Bank and Federal Bank
Ø Coal India gets cabinet nod for taking over closed unit of FCI in Orissa
Ø Ashok Leyland plans to raise Rs 1,650 crore this fiscal
Ø Loan pricing by banks comes under RBI lens
Ø Wipro Q1 net up 18% at Rs 1,580 cr
Ø NSE excludes 51 stocks from F&O segment
Ø Proparco takes 20% equity in Strides' African arm for $12.5 mn
Ø FIIs net sellers of Rs 253 cr in cash mkt today
Ø Pay Rs 235 cr to farmers, Haryana tells Maruti
Business Line
Mint
Ø GAIL, ONGC ink gas sale and purchase pact for 3 years
Ø Sun Pharma plans to streamline manufacturing processes at all plants
Ø PMO to give final call on FDI in pharma
Ø Dhunseri Petrochem to buy tea estates
Ø Godrej Ind plans to raise Rs 405 cr via institutional placement
Ø Kharif crops to take a hit from rain shortfall, says govt
Ø Govt takes call on FDI in pharma
Ø Lupin, Torrent beat market expectations
Ø Mahindra Lifespace Q1 net profit rises 71.5%
Ø Eicher signs pact with Polaris for powersport vehicles
Ø Centre to spend Rs 9,400 cr on highway upgrade in Naxal areas
Ø Competition watchdog seeks whistleblowers
Financial Express
Financial Chronicle
Ø Wipro’s FMCG arm buys out Yardley’s business in Europe
Ø Oilmin for R32,800-cr subsidy for oil cos
Ø Jindal Steel buys Canada's CIC Energy
Ø Lakshmi Mittal pessimistic on Europe eco
Ø Pidilite Industries Q1 net up 22.37%
Ø Essar Ports posts 73% rise in profit to Rs 68.5cr
Ø Dr Reddy’s feels heat from plans to cut healthcare costs
Ø 14 FDI proposals worth Rs 1,584 cr cleared
Ø TCS inks deal with Savvis for offering BaNCS on cloud
Ø Uninor to scale down operations in 4 zones
Ø Traders to protest against FDI in multi-brand retail
(Click on link to view article)
Thanks and Regards
IFIN: IFCI Financial Services Limited
��
