Mkt,Biz Headlines

Stocks end sharply lower
Reliance ADAG eyes steel foray; lines up Rs 40,000 cr for Jharkhand plant
BoA sees India growth opportunities
Thousands lose jobs in UK as Lehman Brothers collapses
Rupee hits 2-year lows as stocks fall weighs

Satyam Computers to axe 4,500 employees
Financial turmoil: AIG looks at liquidating assets
Rel Infra eyes share in PSU projects
Oil prices plunge to $92.11 a barrel
AIG shares fall 52 pc, debt costs jump

India Inc's crorepati directors' list gets bigger
Lehman-invested Indian firms lose over Rs 2,000 cr
PowerGrid to buy 26% in IL&FS power SPV
Dr Reddy's eyes brand buys in US
Reliance Comm adds 1.75 mn users in Aug

Sensex forms bearish head and shoulder pattern
Merrill Lynch reiterats its 'underperform' rating on M&M
BNP Paribas assigns 'reduce' rating to Reliance Power
Edelweiss maintains 'accumulate' rating on Amtek Auto

HSBC assigns 'overweight' rating to Dabur India
Citigroup recommends 'buy' on Everest Kanto Cylinder
Morgan Stanley downgrads Arvind to 'equal-weight'
PINC puts buy on Cosmo Films; target Rs 125

Rupee ends at 45.95/96
Lehman to file for bankruptcy; BankAm buys Merrill
Maha govt asks Reliance to increase compensation package
Post-waiver, power output at N-plants may double

Sensex down 469 points on heavy sell-off
Lehman to file for bankruptcy, subsidiaries kept out
Bank of America to buy Merrill Lynch
Inflation to come down to 10% by December: Rangarajan
Emami sweetens open offer for Zandu
Bharti Airtel to foray into IT

Source: ET,BL,BS etc

Biz Headlines

Options outdo futures for first time in 8 yrs

Finance Secretary D Subbarao appointed RBI Governor

Ranbaxy Fine buys US co for $340m

Sensex bounces back

RIL shelves stake transfer plan

Sensex closes down 66 points despite

Daughters of Mittal, Ambani and KP Singh follow them into Forbes list

Tata Steel, Jet Airways most powerful brands

Maruti Suzuki August sales falls by 9.19 pc
A biofuel-propelled car that can run at 84mph over snow, ice
Hyundai domestic sales up 34 pc in Aug
Hyundai sales soar 57.5% in August

Hero Honda Aug sales up 27 pc

Bajaj Auto motorcycle sales rise 5 per cent in August
TVS Motors logs 11 per cent volume growth in August

Reliance abandons stake transfer of gas-rich D-6 block
Aban Offshore arm's JV bags $271 mn order from Maersk Oil
Delay in starting of gas production in RIL's D6 field
IOC to import up to 0.9 mn T diesel this FY

ONGC says to start pumping coal seam gas
Reliance to pump D-6 gas from October-govt
Govt unlikely to penalise RIL for delaying gas production
RIL-RNRL KG gas dispute hearing to resume on Tuesday

Arbitration panel asks Tata to pay $19 million in damages to Reliance Communication

Oil drops $4 as Gustav hits US Gulf Coast

Resurgere Mines share double its issue price

D Subbarao is new RBI chief

Suzlon advances REpower stake buy

Sensex recovers on late buying, ends down 66pts

Source:ET,BS.