Date – December 22, 2010

Source: Economic Times (www.economicstimes.indiatimes.com)

 Auto ancilliary cos set for profitable ride as demand booms
 After Honda split, Munjals to focus on exports
 Union Bank inks MoU with BSNL, MTNL
 Liquidity likely to ease in 15-20 days, says BoB Chairman
 Banks mull consortium loans to MFIs
 Sony to top Samsung in India TV sales: Analyst
 Patel Engg wins 3 bn rupee order
 OVL to swap stakes in Russian energy firms
 ONGC, Sistema to merge Russian oil & gas assets
 Escorts Construction expects 17 pc growth in gross sales
 Coal India close to buying 15% stake in Australian mine
 RIL, Sibur to invest $450 mn in butyl rubber plant in Jamnagar
 Russia picks 17% stake in Sistema’s India venture

Source: Business Standard (www.business-standard.com)

 JSW buys Ispat, to make it profitable in one year
 Tata tests markets for Nano export
 Rising crude oil price may impact airline margins
 PNGRB may allow pipeline firms to cut rates
 Moser Baer commissions India's largest solar plant
 Delhi gets 1-Mw solar energy generator
 Lanco Infratech bags Rs 4,100-crore contract from Moser Baer arm
 Jubilant FoodWorks to expand food product portfolio
 Bharat Vikas Group set to rope in a global PE investor
 52-week high to low

Source: Business Line (http://www.thehindubusinessline.com/)

 JSW Steel buys 41% in Ispat for Rs 2,157 cr
 BHEL may plug in with Toyota to make electric vehicles
 Ashok Leyland wins ‘LUXURA' trademark infringement suit
 Rs 350-cr capex plan in Jain Irrigation pipeline
 Surana gets nod to raise funds
 Photon commissions 3 MW solar plant
 Call for integrated infrastructure, logistics policy
 DHL Logistics investing $20 m in warehousing facilities
Source: DNA Money (http://www.dnaindia.com/money)
 Small shareholders oppose Satyam’s merger with Tech Mahindra
 Bimal Jalan says he’s open to stock exchanges listing
 Next up: Urad, toor, moong dal from Tata
 Textile boom rubs off on machinery companies
 Griffin buy just the beginning, says Lanco Infratech
 China to raise fuel prices for second time in two months
 Apple TV sales expected to rise to 1 million this week
 POSCO says may bid for $1 billion Korea Express stake

Source: Yahoo Finance (http://finance.yahoo.com/)

 Govt may spend most of cash surplus in FY11: Source –
 India still No. 1 destination for offshore outsourcing
 Loans to 2G licencees given as per norms: RBI
 FMCG cos fastracked growth via buyouts
 Will Rising Rates Sabotage Stocks?
 Economic Outlook Depends on Which Factors Win
 Pharmaceutical Sector: Does the FDA Help or Harm?
 A Very Good Year for Wall Street

Source: Bloomberg (www.bloomberg.com)

 Fed Extends Swap Lines With ECB, Four Other Central Banks Through August 1
 N.Z. Economy May Have Almost Stalled in Third Quarter
 China Supports Measures to Counter European Debt Crisis, Vice Premier Says
 India Seeks African Coal Mines to Plug Domestic Supply Shortfall
 Bond Rally Undermined as Government Scraps Gasoline Controls: India Credit