Newspaper wrap-up: Time to take a look at Indian pharmaceuticals?

MAJOR PAPERS:

The Wall Street Journal's "Heard on the Street" reported that analysts believe investors should take a look at some Indian pharmaceutical stocks, including two of the subcontinent's biggest generics makers, Dr. Reddy's Laboratories Limited (NYSE: RDY) and Cipla Ltd.
According to the Wall Street Journal's "Heard in Asia," shares of India's three largest tech and outsourcing companies by sales, Infosys Technologies Limited (NASDAQ: INFY), Tata Consultancy Services and Wipro Limited (NYSE: WIT), may be worth a look by investors despite some near-term volatility.

OTHER PAPERS:

David Letterman is seeking his own deal with the Writers Guild of America which would allow his show to return to air on CBS Corporation's (NYSE: CBS) CBS station in early January even if the strike is continuing, the New York Times reported.
According to the UK Times, Ford Motor Company (NYSE: F) is expected to name Tata as the preferred bidder for its Jaguar and Land Rover units.

Tags: CBS, CBS Corp, CBS Corporation, CbsCorp, CbsCorporation, Cipla, Dr. Reddy's, Dr. Reddy's Laboratories, Dr.Reddy's, Dr.Reddy'sLaboratories, F, Ford, Indian stocks, IndianStocks, Infosys Tech, InfosysTech, INFY, Jaguar, Land Rover, LandRover, pharmaceutical, RDY, Tata, Wipro, WIT

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