NEWS DIGEST: Top Newspaper Headlines

The Economic Times 

Govt may hike tax exemption cap, rejig slabs

Hike in tax exemption limit from Rs 1,10,000 to Rs 1,50,000

RIL goes to Oz for uranium

To pick up 49% in Uranium exploration Australia's eight blocks 

Volvo in truck with Eicher for CVs 

Biz to be hived off as separate co, JV to kick off operations by July

The Hindu Business Line  Bharti offers Rs 2,650 cr for pan-India GSM spectrum

Says willing to participate in auction; may raise bid amount too

Lanco ends contract with BHEL for power project

 Group co to do EPC work; equipment from Chinese PSU

Mittal group may take part in oil, gas blocks' bid

Deora to announce NELP-VII on December 13

 The Financial Express

Govt on track to meet FRBM deficit targets

Fiscal deficit is 90 bps below estimates

SpiceJet, JetLite face grounding this winter

DG of civil aviation bans pilot without Cat-III certification from flying in foggy conditions

Vodafone's IT operations to be outsourced to IBM

IBM India will assume responsibility for the management of all Vodafone Essar's IT operations