12 December 2007

Economic Times Business Stories

US Fed cuts key interest rate for third time in 3 months
Bulls set for another run; eye 21,250 on Sensex
Jindal, Williams among top 10 Indian-American newsmakers
Ten penny-pinching ideas for 2008
Mkts close at new high; shrug off global weakness Govt announces subsidy for number of rooms in hotels

'IT export targets to be met despite Re surge'
Rupee loses ground, gold price fell too
India logs surprise 11.8 percent industrial growth
NASSCOM-IIMA starts survey on women workforce of IT, ITeS
India's Petronet seeks partner offering cheap LNG
PSBs to hold 51% in clearing arm

Unitech's Chandra pips Mittal as richest self-made billionaire
Vikram Pandit named CitiGroup CEO
Indian honchos splash US Inc, climb Fortune mountain
Eton Park to invest $127 mn in Reliance Capital
Reliance Energy wins $945 mn contract
RIL to buy Hualon's assets for Rs 2k cr
RIl signs contracts for 2 Columbian blocks

German parent Linde to invest Rs 598 cr in BOC
Italian co to acquire 60% in Nicco unit
Tata Steel in JV for development of iron ore deposits in West Africa
Ansal gets UP govt nod for two Lucknow SEZs
NSE bans trading in 12 F&O securities
Analysts' picks: MphasiS; Ashok Leyland; United Phosphorus
Heard on the street

BGR Energy Systems IPO subscribed 61.62 times
Tata Consultancy eyeing 12 large contracts - CFO
Bancassurance to generate 35 % of private insurers' premium
Merlin Group forms JV company with city based export co
Redfort to invest $100 mn in Chennai
NSE allows new positions in 3 derivatives contracts


International News:

US Fed cuts key interest rate for third time in 3 months
Israel becomes world's 4th largest arms exporter
bal deals to drive Asia M&A charge
ABN Amro set to end Rothschild JV
ArcelorMittal acquires Argentine steel distributor
HSBC says aims to open 7 retail branches in Japan
China Sunshine Paper rises 8% in HK IPO debut


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