NDTV Profit: Top Stories

Standard Chartered Bank allotted $197.38mn
Barclays Capital allotted $155.18mn, DBS allotted $300mn
Reallocation as FIIs failed to invest allotted component
Reallocates $1.31bn to FIIs for corporate debt invst
CNX Midcap down 1.3%, Smallcap Index down 1.8%
BSE Advances at 30.24%, Declines at 66.77%
Govt wants to focus on construction sector
Govt may not give direct sops to auto sector
Steel duty cut may provide relief to auto sector
Govt may cut excise duty on steel and cement
Govt may rejig duty to help SMEs: Ashwini Kumar
Anti -dumping laws to be strengthened
HCL Technologies announces partnership with Xerox
Govt to increase focus on infra spending
Banks want realtors to cut prices or sell properties
Pressure on RBI to cut rates has somewhat eased
Outstanding bank credit on Nov 7 at Rs.27.12 lk cr: NW
Banks encouraged to use special refinance facility: RBI
Use special refinance to give loans to SMEs: RBI
Banks' total deposit grew 20.4% on year to Nov 7: NW
Banks' total credit grew 26.5% on year to Nov 7: NW
RBI to allocate upto $10bn from FX reserves to fund: Srcs
RBI may set up a special $ fund for infra cos: Sources
FIIs net sell $91.5mn in equity on Nov 18
Power Grid approves 3 investment proposals
Approves Rs.7031cr investment in Sasan project
MFs net sell Rs.45cr in equity on Nov 18
Nifty falls 135 pts from day's high; Down 1.8% at close
Sensex sheds earlier gains; Down 1.8% at close
CNX Midcaps down 1.3%, Smallcap Index down 1.8%

Updated: 18/11/08 | 11:09 PM IST

Top Stories

FM’s remarks on price cutting irks India Inc

An expectant India Inc waited with bated breath to hear the Finance Minister P Chidambaram on the World Economic Forum's 24th India Economic Summit hoping the minister to soothe their frayed nerves. But it was not to be because after the usual reassurances came a bolt from the blue.

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Pepsi Bottling to slash over 3,000 jobs in Europe, America

Soft drink distributor Pepsi Bottling Group Inc on Tuesday said it would slash about 3,150 jobs across Europe and America as part of its restructuring plan.

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Rupee weakens, ends at 49.66

Rupee slid 0.6 per cent to its lowest in three weeks on Tuesday as foreign portfolio outflow worries gathered momentum after the stock market extended a slide into a fifth session in a row.

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BlackRock to cut jobs amid market turmoil

Asset management and investment firm BlackRock Inc. is the latest financial firm to cut jobs amid the ongoing credit crisis.

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Paulson voices opposition to Big 3 bailout bill

Treasury Secretary Henry Paulson told Congress on Tuesday that the administration remains firmly opposed to dipping into the government's $700 billion financial bailout fund for a $25 billion rescue package for Detroit's Big Three automakers, no matter how badly they need the help.

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Wall Street makes hesitant advance

Wall Street is making a hesitant advance on Tuesday, with investors refraining from making big bets in a volatile market battered by a stream of weak economic data.

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Realty remains under pressure as DLF defers projects

Realty stocks continued their losing streak on the BSE for the fifth session on Tuesday, with the index falling by 68 points on sustained selling by foreign funds and retail investors after DLF deferred some of its projects amid deepening global financial crisis.

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Kingfisher clears part of its dues to AAI

As the government asked him to clear dues of over Rs 286 crore to the Airports Authority of India, Kingfisher Airlines promoter Vijay Mallya is understood to have paid two cheques since Monday night to the state-owned airport body.

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Paulson, Bernanke defend $700 bn bailout

Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke waged a stout defense on Capitol Hill on Tuesday of their management of a $700 billion financial bailout just one week after the administration abandoned the original strategy behind the rescue.

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RBI asked to keep vigil on liquidity situation

Happy as he is with steps taken by Reserve Bank to tackle the unfolding economic crisis, Prime Minister Manmohan Singh has asked the central bank to keep a vigil on liquidity availability in the financial system.

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Global Crisis

No job cuts, but hiring to dip: Nasscom

The Indian IT industry will retain employees but will go slow on hiring this fiscal (2008-09) following declining growth rate, the organisation representing the industry said here on Wednesday.

More : US home construction sinks to new record low | Now, Chinese automakers seek state aid | CEOs want at least $300 bn stimulus from Obama

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