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Wednesday, September 10, 2008
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SOFTWARE: Big US, European firms cut IT spend: Study
Bangalore Sept. 9 The economic slowdown in North America and Europe has made 40 per cent of the large businesses cut their overall IT budgets, but companies were expanding their services spending by taking more activist sourcing approach to ...

ECONOMY: ‘India’s medium-term prospects still look bright’
Prof Arvind Subramanian, Senior Fellow, Peterson Institute for International Economics, Washington DC, has written extensively on growth, trade, development, institutions, aid, oil, India, Africa, the World Trade Organisation, and intellectual ...

REGULATORY BODIES & RULINGS: SEBI examining possibility of rights issue offering through demat a/c
Chennai, Sept. 9 SEBI on Tuesday said the reduced 60-day timeline for allotment of shares in rights issues would be introduced from the last week of September. ...

ALUMINIUM: Vedanta to invest $9.8 b to expand aluminium capacity
Mumbai Sept. 9 Non-ferrous metals major Vedanta Resources plans to invest $9.8 billion to increase its aluminium production capacity to 2.6 million tonnes and emerge as the world’s fifth largest producer of the metal by 2012. ...





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Markets (Sep 09)
Nifty (at close)4468.70(-13.60)
US Dollar (Buy/Sell)44.87/88
Brent crude (a bbl) Rs4,561
Gold (a gram) Rs1,087
Silver (a kg) Rs19,010


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