Article: INDIAN NEWSPAPER HIGHLIGHTS - NOV 12, 2009.

MUMBAI, Nov 12 Asia Pulse - Highlights from today's newspapers:

THE ECONOMIC TIMES:

- Aditya Birla Group may scale up its equity stake in Grasim Industries (BSE:500300) next financial year to ring-fence the viscose staple fibre maker and the holding company of the group's cement entity UltraTech Cement (BSE:532538) from any hostile take-over attempt, two persons close to the matter said.

The US$28 billion group is in the midst of restructuring its cement business by divesting the cement operations of Grasim into an intermediate firm, Samruddhi Cement, which will eventually be merged with UltraTech Cement. The diversified Birla group holds a 25 ...

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