Today's Top Newspaper Headlines:-
The Economic Times
Suntory eyes peg of United Spirits
The deal, if it goes through, could be the biggest overseas venture for the 110-year old Japanese firm
Kraft may take a bite of Mumbai biscuit co
Stake buy to help Foods major gain toehold in India
Financial giants stitch microfin JV
Nearly 70% of the India's population are not covered under the formal banking system
The Hindu Business Line
Diageo, 2 others keen to take stake in United Spirits
UB, Heineken in discussions to resolve Asia-Pacific Brewery issue
Mittal projects face 50% cost cverruns
Land acquisition, mining lease major hurdles
Some steel cos cut prices by Rs 2,000
JSW Steel and Ispat Industries cut prices
The Financial Express
Re hits two-year low
Breaches 45 against the dollar, as crude oil pares earlier gains
Lehman plans spinoffs after record Q3 losses
Move aimed at regaining investor confidence
India still ranks poorly in ease of doing business
India slips two ranks to 122nd position
MINT
Currency futures find few takers
Margin requirements and low limit on volume acting as deterrents
Govt to pare Power Grid Corp's powers
The plan, when implemented, will leave Power Grid with only the task of setting up transmission lines
Revamp at Dr.Reddy's
Company to focus on niche services to beat competitive pressure