MORNING NOTES

Corporate News


􀂄 Kolte Patil Developers announced that it has entered into a
joint venture agreement with a subsidiary of US-based
Portman Holdings LLC to develop a Rs 275-crore
residential project in Pune. - BS

􀂄 KEC International has bagged international orders worth
Rs 470 crore from Saudi Arabia and Chad in Africa. - BS
􀂄 HCL Technologies has been conferred 'Golden Peacock
Innovation' award for its MTaaS (a business service
management centric service delivery platform) offering in
the IT sector category. - BS

􀂄 Spanco, a Telecom and IT major, has got a contract of Orissa
State Data Center (SDC) project. - BS

􀂄 Reliance Industries told the Supreme Court it had
vehemently protested against the government taking away
its freedom to market gas, whereas Anil Ambani group had
sought regulation of fuel sale through a gas utilisation policy
in 2007. - BS

􀂄 Mukta Arts Ltd has informed that Mukta Movies Distributors
(the distribution arm of Mukta Arts Ltd) has entered into an
agreement with Cinepolis India, India's film exhibitor for
sourcing film content for its upcoming rollout of multiplex
theatres across the country. -BL

􀂄 Asian stocks fell, dragging the MSCI Asia Pacific Index down
the most in three weeks, on speculation China will raise
interest rates and withdraw stimulus after the economy grew
at the fastest pace in a year. The dollar advanced. - Bloomberg

Macro Economic News

􀂄 India's wholesale price index rose 1.2 percent in the 12
months to October 10, above the previous week's annual
rise of 0.92 percent. - ET
 
GLOBAL CLUES

Asian stocks fell, dragging the MSCI Asia Pacific Index down

the most in three weeks, on speculation China will raise
interest rates and withdraw stimulus after the economy grew
at the fastest pace in a year. The dollar advanced. -Bloomberg
~R`MONEY