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Friday, Nov 21, 2008
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     News Now
 Companies & Industry
15:00Sun TV continues to dominate viewership ratings
14:47CSL constructing 20 offshore vessels worth Rs 3,000 cr
14:12RIL oil deals with Kurdistan illegal: Iraqi Oil Minister
13:49Royal Phillips buys Meditronics
13:46Glenmark gets USDFA nod for ulcer tablets
13:37HC asks Pepsi to remove mountain's picture from water bottle
13:30Dell Q3 net income dips 5% to $727 mn
09:58Honda to cut production by another 18,000 vehicles
09:55US news agency AP to cut staff by 10%
 Economy & Policy
15:03Growth target of 8% possible: PM
14:08India asks UNGA to lead in setting global agenda
14:05Govt may curb cheaper imports through temporary licensing
13:37Eco crisis: Sonia wants public-pvt sector collaboration
13:20UNSC increases number of peacekeepers in Congo
13:09Indian traders do brisk business through Nathula
13:06Sugar output in Punjab likely to dip 32% in 2008-09
12:45Kenya seeks $66.5 mn loan from India for rural electricity
09:53Oil prices fall further below $50-mark
 Banking & Finance
14:52ICRA assigns highest credit ratings to ICICI's debt progs
12:20IOB hikes NRE deposits, FCNR rates
10:23Re down 30 paise vs $ in early trades
09:57Bank of New York Mellon to cut 1,800 jobs
 Life & Leisure
13:2339th Int'l Film Festival of India begins tomorrow
11:56Rebel league ICL gets high TV ratings of 2.13: TAM
 Markets & Investing
14:47Sensex bounces back, up 244pts; DLF down 7%
13:57Sensex nearly flat, up 26pts; TCS gains 5%
13:15Sensex up 253pts; DLF, Jaiprakash slip
12:31Sensex pares some gains, up 281pts; breadth turns -ve
11:43Sensex extends gains, up 341pts; DLF slips 4%
10:43Sensex firms up, gains 255pts; Sterlite surges 5%
10:12Sensex pares gains, up 56points; ONGC gains 4%
09:56Sensex up 71points in opening trades
09:03Asian markets heading south again, Nikkei down 171pts
08:48FIIs net sell Rs 874 cr in F&O on Thursday
08:43F&O Outlook: Weak rollovers indicate indecisiveness
08:41Tech view: Bullish pivot seen at 2585
08:39Wall St plunges again; ADRs slide
00:51FII-TO-FII TRADES: PNB traded at 4% premium
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 Yesterday's News Update
 Companies & Industry
20:23Future Group eyes Rs 10,000 cr revenue by 2012
20:22OVL to make offer for Imperial shares by Dec 9
20:20Rolls-Royce plans to cut 2,000 job in 2009
20:19TV strike to continue as worker's body goes back on MoU
20:16Citi's Nayar joins KKR India as CEO
19:21AstraZeneca to axe 1,400 jobs by 2013
19:17OMC cuts iron ore prices by 40-50%
19:06Colgate-Palmolive sells Nepal arm
18:48Raja expects significant drop in call rates
18:44Maruti rules out price cut
18:31Reckitt Benckiser aims over 20% growth
18:28DLF may trim staff in future: K P Singh
18:21Banco Products slashes working days
18:15Eicher Motors to buy back at Rs 691.68 a share
17:57Amrutanjan plans foray in Europe, US
17:48Triveni Engineering net zooms 440%
17:43Infosys to check Wrigley's carbon footprint
17:02Tata Steel to treble profit margins at Corus: reports
16:57India Infoline to consider share buy back
16:10Kernex Micro bags $17.5 mn order from Egyptian Rly
15:47Jindal hails duty on steel
15:42JSW Steel expects 12% sales growth
15:08Marvel Realtors, IBM complete phase I of project
14:56GM launches 'product offensive' in China
14:31Madras Aluminium cuts production by 60%
14:14Japan's Isuzu Motors to axe 1,400 jobs
13:48Powersoft hikes stake in its arm
13:41JWT India partners with Youth Dynamix
13:20Italian wine makers seek to uncork the Indian market
12:56Ebony Gautier names Parameswaran as CEO
12:19ZenithOptimedia wins media duties from Bharat Hotels, MicroMax
12:08Welspun Guj Stahl bags new orders worth Rs 500 cr
11:52Glenmark to market Azathioprine tablets in the US
11:26Cummins to sell its power generation rental biz
 Economy & Policy
20:24Inflation declines to 8.9%, RBI may cut rates
20:21Govt approves higher pay for PSU employees
20:20CCEA okays Nelp VII award, to attract $1.5 bn investment
20:17No fuel price cut for now: Petroleum Secy
19:57Govt okays Rs 420 cr cluster development schemes
18:03ASSOCHAM asks for tax cut to boost demand
15:59Govt clears modifications in Trade Marks Bill
15:52FICCI, ASQ pact for improving standard
15:14Large-scale job cuts in India unlikely: Cabinet Secretary
14:27Obama to introduce radical reforms in economy
14:20Russia to send more warships to battle Somali pirates
13:36No proposal for reducing fuel prices, Petroleum Secy
13:15US wants UN to set up framework to prosecute pirates
 Banking & Finance
18:18Haryana Capfin gets NBFC license
15:28Mark Robinson to head Citi's South Asia ops
15:02Syndicate Bank hikes short term deposit rates
13:25Rupee at a record low, down 38 paise against $
 Life & Leisure
13:39Ganguly included in BCCI's Technical committee
 Markets & Investing
20:25No plan to stop short-selling: Sebi
20:18No evidence of manipulative trading in ICICI shares: Sebi
18:04FIIs net sellers of Rs 763cr in cash mkt today
16:03Sensex ends down 323pts; DLF, ICICI, RCom shed 8%
15:31Sensex ends down 251pts at 8,522
14:52Weakness persists... Sensex down 421pts
13:54Sensex down 351pts; ICICI Bank, RCom slump
13:02Sensex recovers marginally, ACC up 2%
12:44Reliance Capital AMC gets nod to operate in Malaysia
12:27Weakness continues... HDFC slumps 9%
11:37Sensex down 403points; breadth extremely -ve
10:58Sensex down 344points; ICICI Bank, HDFC weigh
10:11Sensex down 345points in early trades; ICICI Bank slumps 7%
09:56Sensex down 387points in opening trades
08:57Asian markets in turmoil; Nikkei sheds 358pts
08:49FIIs net buy Rs 200cr in F&O on Wednesday
08:43F&O Outlook: Nifty may face resistance above 2700
08:42Tech view: Bulls on slippery ground
08:38Wall St slumps to over 5-yr low; ADRs plunge
01:20FII-TO-FII: Grasim Ind traded at 12% premium
 Tech World
17:29Sun Microsystems launches new datacenter solution
15:33TCS arm to provide sevices to Morocco's CD
14:27Wipro, Axway join hands to offer B2B services
13:57Unisys ties-up with Kale to provide accounting solution
12:20Ctrl S to provide hosting services for Oracle products
11:49Patni to implement CRM for Turkey's leading bank
09:43Firstsource to create 160 more jobs in Northern Ireland
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