Top Newspaper Headlines:- The Economic Times Hype over, IPOs now trade at a discountIt's thumbs down to one in three scrip's, post listing.FIIs may be allowed to buy into DLF IPODLF may have to scale down its pre-IPO placement to $100-150 million.Gujarat Ambuja merger with group company to raise Holcim stake to 24%Gujarat Ambuja wants to merge Ambuja Eastern Cement with itself.The Hindu Business LinePetro price hike likely by third week No decision yet on quantum of increase.ADB plans to double aid to IndiaPlans to double its aid to India to over $2.6 billion by 2008.Mahajan pases awayBJP general secratary Pramod Mahajan died 12 days after been shot at by his brother Pravin.The Financial ExpressMajor PSBs scale down credit growth targetsBank of Baroda, Canara Bank, Union Bank set lower targets.High crude oil prices will slow down growth: ADB Projects 7.2% economic growth for India in 2006.Financiers queue up for ultra power projects As many as 16-17 power and financial services companies have shown their interest to invest in India.Daily News & Analysis - MoneyLiquid assets push MFs past Rs 2.5 lakh crore While markets were blazing, investors were shifting assets.Ministry opposes sweet gas deal for Anil Ambani Says the agreed price will cause revenue losses of Rs 25,000 crore.Vijaya Bank flunks RBI's governance testRBI report notes large incidents of fraud especially in retail.The Times of India - BusinessMaking sense of realty IPO boom Lack of standard valuation models troubles equity investors and expert alike.Bank charges come under RBI scanner Cash withdrawal another bank's ATM - between Rs 18 and Rs 60 per transaction.HDFC arm plans $750 million VC fund Predominantly to invest in hospitality sector.
