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  • LYONDELLBASELL UNDER CHAPTER 11 BANKRUPTCY PROTECTION SINCE JAN-2009
  • LYONDELLBASELL IS ONE OF THE WORLD'S LARGEST PETROCHEMICALS COMPANY
  • RIL MAKES NON-BINDING CASH OFFER TO BUY CONTROL IN LYONDELLBASELL
  • OFFER APART FROM EQUITY FINANCING PROPOSED BY RIL FOR LYONDELLBASELL
  • OFFER UPON EMERGENCE OF LB FROM CHAPTER-11
  • OFFER SUBJECT TO DUE DILIGENCE & SUFFICIENT CREDITOR SUPPORT
  • LYONDELLBASELL: RIL OFFER POTENTIAL ALTERNATIVE TO REORGANIZATION PLAN
  • LYONDELLBASELL: TO TRY TO MAXIMIZE VALUE FOR ALL CREDITORS
  • LYONDELLBASELL PRIVATELY OWNED BY PROCHEMIE GMBH
  • RIL: NO ASSURANCE THAT OPPORTUNITIES WILL RESULT IN A TRANSACTION
  • RIL: REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH IN CORE BIZ
  • SUBMITTED TO LYONDELLBASELL NON BIDDING OFFER TO ACQUIRE FOR CASH
  • CASH OFFER FOR A CONTROLLING STAKE UPON EMERGENCE FROM CHAPTER 11
  • OFFER PURSUANT TO ITS PLAN OF REORGANISATION
  • OFFER IS PRELIMINARY AND SUBJECT TO CUSTOMARY CONDITIONS
  • RIL REVIEWING OTHER GROWTH OPPORTUNITIES FOR GROWTH
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  • DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q3
  • GOLDMAN SACHS DOWN 1.6%, GE DOWN 1.1%, CISCO DOWN 1%, MERCK UP 3.2%
  • DOW JONES FALLS FOR 3RD STRAIGHT DAY TO END LOWER BY 0.1% ON FRIDAY
  • DELL LOST 10% ON FRIDAY AFTER MISSING REVENUES & EARNINGS TARGET FOR Q2
  • U.S MARKETS ENDED LOWER ON FRIDAY AS TECH STOCKS TOOK THE BIGGEST HIT
  • NASDAQ DOWN 0.5%, S&P 500 INDEX LOWER BY 0.3% AT CLOSE ON FRIDAY
  • FOREIGN FUNDS NET SELL RS.463.89 CR IN EQUITIES ON NOVEMBER 20 (PROV)
Updated: 19/11/09 | 11:16 AM IST
Market Watch
The key benchmark indices were trading lower today amid weak cues from world markets. Selling pressure was seen in realty and IT stocks. Asian stocks also declined following losses in US markets.
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Disappointing forecasts from technology companies and an unexpected drop in home construction added to worries about the economy and sent stocks modestly lower.
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It was always considered to be an ambitious plan to extend trading hours but despite SEBI approval the broking community since then has opposed the plan tooth and nail. Finally the National Stock Exchange or NSE who originally submitted the proposal seem to have resigned to the fact that the plan cannot be implemented.
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Some selling pressure in the late trade saw the Sensex ending below 17K on Wednesday. In a rangebound session, the benchmark index ended 51 points lower at 16,998, after trading in a narrow range of 16,958 and 17,098.
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The key benchmark indices continued to trade flat in the afternoon deals today. Gains in IT and metal stocks were offset by losses in capital goods and oil & gas counters.
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The key benchmark indices were trading flat in the early deals amid mixed trends in the overseas markets. While some buying interest was seen in IT and pharma stocks, realty and capital goods counters were under pressure.
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UNITED SPIRITS: The company plans to take a loan of $100 mn to refinance global debt.
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Stocks finished an erratic session mixed on Tuesday as higher commodity prices lifted energy and materials shares.
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The stock market structure has been made available to mutual funds, so you can now go to your neighbourhood stock broker if you want to invest or get out of a mutual fund scheme.
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Profit-taking at higher levels saw the Indian markets ending almost flat in a tepid session on Tuesday. Gains in IT and banking stocks were offset by some weakness in oil & gas and realty stocks.
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Special
'India will be among top three economies by 2050'
India will be the third largest economy in the world after China and United States by 2050, a US-based internationally recognised foreign-policy think tank has said. It also said China will become the world’s largest economy in 2032.

 
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