Today's Top Newspaper Headlines:-
The Economic Times
Govt readies Rs 50K-cr war chest
Infra funds to be routed through IDFC, IIFCL
Great deals on Mercs & win. Any takers?
Hard times offer better bargains
Auto cos go beyond layoffs & shutdowns in austerity drive
Axe falls on foreign travel, other perks
The Hindu Business Line
Jet Airways to cut salaries by 5-25%
Move covers staff drawing over Rs 75,000/month
Non-domestic LPG may cost less
Prices may drop by Rs 350 a cylinder
Recruiters headed for slow-growth phase
'Fall-out of sluggish IT, banking sectors'
The Financial Express
Strict debt fund rules on anvil
Non-credit rating agencies also to value debt papers of funds
FII holdings in many blue chips fall below cap
FIIs have been net sellers of $13.3 bn so far this year
China's provinces to spend $1.5 trn
Provincial govts announce stimulus projects of 10 trn yuan last week
MINT
RIL looking to borrow Rs 5,000 cr
ICICI Bank, Axis Bank mandated to arrange for Rs 1,000 cr each
RBS to cut jobs
India also likely to see pink slips
Bengal govt set to miss third deadline for IT park land
The West Bengal govt's search for land that will see India's tech giants Infosys and Wipro set up large development centres in Kolkata is in trouble. Again.