NDTV Profit: Top Stories

TO DISBURSE SALARIES TO LOWER GRADE EMPLOYEES ON JULY 3
GAUTAM JHAVERI WAS ALLEGEDLY FINANCING CORNERING OF SHARES
ORDER ON GAUTAM JHAVERI PASSED AFTER PAYMENT OF RS 2.70 CR
BKS APPROVE CDR PKG,RESTRUCTURING OF LIABILITIES WORTH RS.1600CR APPROVED
GOVT HAS FORMED EGOM TO DELIBERATE ON 3G AUCTION PRICE AND SLOTS
AUCTION 2G SPECTRUM AS WELL: SOURCES
TRADING OF 3G SPECTRUM TO BENEFIT TELCOS, GOVT WILL LOSE REVENUE: SRCS
4G SERVICE IN THE FUTURE MAY REQUIRE 10 MHZ SPECTRUM: SOURCES
MORE THAN 4 SLOTS WILL PREVENT HIGH BIDDING FOR SPECTRUM: SOURCES
RESTRICT 3G SLOTS TO 4 FOR PRIVATE TELCOS: SOURCES
FLOOR PRICE FOR QIP IS RS 41.35/SHARE: SOURCES
INITIAL QIP OFFER OF $150MN IS OVER-SUBSCRIBED: SOURCES
GVK POWER & INFRA SEES INTEREST OF $191MN: SOURCES
GVK POWER & INFRA QIP RECEIVES GOOD RESPONSE: SOURCES
For full coverage of Budget 2009, log on to Budget.ndtv.com
DOMESTIC FUNDS NET BUY RS.212.65 CR IN EQUITIES ON JULY 2 (PROVISIONAL)
FOREIGN FUNDS NET BUY RS.247.26 CR IN EQUITIES ON JULY 2 (PROVISIONAL)
GETS US FDA NOD FOR OXCARBAZEPINE: NW
GETS US FDA APPROVAL FOR GENERIC OPTIVAR
EXPECTATIONS ARE THAT $500MN MAY BE RAISED: SOURCES
TO GET ADDL RS.300 CR AS BK GUARANTEE, WORKING CAP IN 3 MTHS
RESTRUCTURING OF LIABILITIES WORTH RS.1600CR APPROVED
BANKS APPROVE MAYTAS INFRA CDR PACKAGE
QUANTAM AMC: SEE SENSEX AT 16,000-18,000 IN NEAR TERM ON POSITIVE BUDGET
QUANTAM AMC: MKTS TO TOUCH NEW PEAKS BY MID-2010 IF Q4'10 EARNINGS RECOVER
GVK POWER & INFRA SEES INITIAL INTEREST OF $125-150MN: SOURCES
GVK POWER & INFRA QIP BIDS PROGRESSING WELL: SOURCES
JUNE UNEMPLOYMENT RATE AT 9.5% VS 9.4% (MOM)
NON FARM PAYROLLS DOWN BY 467,000 IN JUNE VS 322,000 JOBS LOST IN MAY
CONTINUING CLAIMS DOWN 53,000 TO 6.7 MILLION FOR THE WEEK ENDED JUNE 21

Updated: 03/07/09 | 12:57 AM IST

Top Stories

It’s time to get ready for flight delays for anyone who is traveling by Air India on Friday. The reason—Air India may not be able to pay salaries to lower grade employees as earlier promised. In protest over 20,000 workers will stop work between 1 and 3 in the afternoon.

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Hinduja’s engineering arm on expansion spree

The Hinduja Group's design and engineering arm, Defiance, is on an expansion and diversification spree. Stung by the slowdown in the automotive space, especially in the US, the company is now moving aggressively on the defence and the aerospace front.

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Maytas Infra's debt concerns ease

There is some good news about Maytas Infrastructure. Banks have agreed to restructure the debt that Maytas has and the principal can be repaid over 10 years.

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India Inc cheers Delhi HC’s gay verdict

A more than a century old law was overturned on Thursday. Same sex relationship is no more an offense. In a historic judgment, Delhi High Court said it’s legal, but what does corporate India has to say about it?

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Rel Life Insurance IPO coming soon?

Anil Ambani, known for mega size IPOs, is eyeing the insurance sector this time. He wants his six-year old Reliance Life Insurance to list. But this time the younger Ambani's market plans hinges on government approval.

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Survey for lifting ban on farm futures

The government should lift the ban on futures trading on rice, sugar, tur and urad and decontrol sugar sector, saying the resultant price discovery would help farmers and other stakeholders, the Economic Survey said.

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Rail budget: Growth vs populism!

From no frills air-conditioned trains called ‘garib raths’, to free tickets to students, the ministry for railways has been the ministry for the ‘aam aadmi’.

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Hindalco to raise Rs 4,500 cr

Hindalco is getting closer to the financial closure of Utkal Alumina project. Sources tell NDTV that Hindalco is raising Rs 4,500 crore debt to fund the alumina project in Raigad, Orissa.

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Average IPO size up, total number down: Survey

The average size of IPOs rose by nearly half in 2008 over 2007, though the financial meltdown may have scared away many from the primary capital market, bringing down the number of IPOs to about one-third, the Economic Survey said on Thursday.

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US jobless rate at 26-year high, 467K jobs cut in June

Employers cut a larger-than-expected 467,000 jobs in June, driving the unemployment rate up to a 26-year high of 9.5 per cent, suggesting that the economy's road to recovery will be bumpy.

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Economic Survey

Eco Survey—a reflection of the budget?

For Finance Minister Pranab Mukherjee, it is a survey of advice. Big bang reforms are needed in practically every sector with special focus on direct taxes, disinvestment and even fiscal consolidation.