NEWS DIGEST: Top Newspaper Headlines

Today's Top Newspaper Headlines:- 

The Economic Times 

LIC may get to retain stake in blue chips over 10%

However, new IRDA guidelines for insurers may limit its investments to 10%

Sun shines over Taro

Isreli Court clears decks for takeover 

Mukesh backs Tata in times of trouble

Reliance chief bats for Singur project

The Hindu Business Line

Sun gets favourable ruling in battle for Taro

No need for special tender, rules Israeli Court; Taro Pharma can appeal

CLB says it has no jurisdiction to decide on Zandu-Emami case

CLB says that Zandu's allegations of the violation of the takeover code and insider trading were issues to be decided with SEBI

WiMax players can offer mobile services

But DoT doouble reserve price for WiMax spectrum

The Financial Express

Mukesh: fear stalks projects

RIL boss backs Tata's 'innovative initiative', as state reveals Singur conessions

SEBI mulls lower entry level for fast-track issues

Rs 5,000 cr market cap seen as easier level

AG grounds second Delhi airport

A new airport would violate pact between GMR & civil aviation ministry 

MINT

Markets in India down, but not out

The country's ranking has fallen to 12th, but analysts say it is poised to grow faster than other large markets

ED suspects huge Fema violations by Russians in Goa

Agency suspects that some Indian companies that bought large plots in the state could have acted as fronts for Russian owners acquiring land in violation of the Foreign Exchange Management Act 

Jet puts expansion on hold

Jet Airways has decided to stop global expansion for a year from November in the wake of record oil prices