Business Daily from THE HINDU group of publications
Tuesday, September 16, 2008
ePaper | Mobile/PDA Version | Audio

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

HOME PAGE

Lehman Brothers files for bankruptcy
Lehman Brothers Holdings Inc today filed for bankruptcy protection, making it the largest casualty of the global credit crisis, and given its assets at the time of filing, Lehman surpassed WorldCom as the biggest U.S. Bankruptcy filing till ...

Editorial: Financial storm

BankAm to buy Merrill Lynch for $ 50 billion
Merrill Lynch & Co. agreed late on Sunday to sell itself to Bank of America Corp for roughly $50 ...



Panic writ large:O...
TODAY'S PICK (Latest Audio: English/Tamil)
Aban Offshore (Rs 2,308.55): Buy
We recommend a buy in Aban Offshore from a short-term perspective. It is clearly visible from the charts of Aban Offshore that its intermediate-term downtrend which began in late May from Rs 4,292 appears to have halted at around Rs 2,015 ...

Day Trading Guide


Bloodbath on Dalal St as FIIs exit
Realty, IT stocks most affected; late buying stems free fall. Mumbai, Sept. 15 The rout in the global equity markets following the crises at US-based investment banking firms Lehman Brothers and Merrill Lynch shook the Indian stock markets on ...

Rupee falls to below 46; bonds gain
Mumbai, Sept. 15 As news of Lehman Brothers’ filing for bankruptcy sent the stock markets into a churn, the rupee breached the 46- level against the dollar on Monday, for the first time in two years. Widening arbitrage in the ...

IIM students await word on pre-placement offers
WALL STREET WOES. Bangalore, Sept.15 Students at the Indian Institute of Management, Bangalore, are gearing up for a placement season bereft of marquee recruiters Lehman Brothers and Merrill Lynch this ...

Emami doubles Zandu open offer price
Kolkata, Sept. 15 Emami Ltd. has more than doubled the open offer price for Zandu Pharmaceutical Works to Rs 15,000 from Rs 7,315 earlier ...

Lehman’s India exposure – worst already over?
It offloaded 40% of the holding in recent times. BL Research Bureau Lehman Brothers’ bankruptcy filing in the US over the weekend will certainly have significant implications for the broader financial market and fund flows into India. But ...

Indian stocks better Asian peers in rout
BL Research Bureau Investors appalled by the mayhem in the equity markets on Monday can take heart from the fact that Indian equities have outperformed their Asian peers in the last two ...

Vendors likely to see stunted growth on Lehman, Merrill woes
Expect more short-term weakness as financial industry consolidates. Bangalore Sept. 15 Beleaguered Indian IT vendors are expected to see a stunted growth as banking crisis worsened in the US with Lehman Brothers declaring bankruptcy, while ...

Who said crude price fall is good for equities
Chennai, Sept. 15 Even the continuing collapse in crude prices, as well as other commodities, could not protect the stock market from a poor performance. Back in mid-July, when oil was $147 a barrel, few expected the possibility that it ...

Oil cos strapped for cash
No bond issue since March despite rising subsidy overdues. Bangalore, Sept. 15 With the delay in allocation of subsidy bonds this year, oil companies are once again strapped ...

Bisleri to register Maaza brand in eastern Europe
Plans launch through franchisee route. Bisleri International has decided to register the mango drink brand — Maaza — in eastern European countries, and launch the brand through a franchisee ...

Veg oil imports turn cheaper as prices fall
Shipments into the country rise 21% in August. Chennai, Sept. 15 Vegetable oil imports into the country are turning cheaper as prices in the global market have declined by 31 per cent to 41 per cent since June 15. This has resulted in shipments ...

Iron ore exports rise despite imposition of duty
Cabinet Committee on Pricing to review duty impact. New Delhi, Sept. 15 Export of iron ore from India has actually gone up after the Government tried to restrict exports of this non-renewable natural resource by imposing ...

Rains turn sparse over South on new Bay ‘low’
Thiruvananthapuram, Sept. 15 A ‘low’ has sprung up over the north Bay of Bengal on Monday, but its place of bearing beat earlier forecasts of being more southerly bound and centered over west-central and adjoining northwest ...


Advt Links: Used Cars bed and breakfast bruges Tanning Beds Geschlossene Schiffsbeteiligungen Fonds black is beautiful Summit Pacific Vacation Rentals Buy Properties Druckerpatrone Tintenpatrone Andrea Bocelli Web conferencing services since 1997 Business USA Hotel Bruges Mesothelioma Cancer Treatment Sourcing China products Made in China Business Health Insurance About:Blank



Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
Markets (Sept 15)
Nifty (at close)4072.90(-155.55)
US Dollar (Buy/Sell)45.88/89
Brent crude (a bbl) Rs4,469
Gold (a gram) Rs1,093
Silver (a kg) Rs18,565


BL Career 2008

Hiring

Digital Sportstar


In Focus
Remembering Ramachander

More

Other Top Stories
Sombre mood prevails at Lehman Brothers’ Mumbai office


IRCTC may have to pay higher price for budget hotels

Most agri commodities hit lower circuit

Indian crude basket likely at $91-95

Omaxe hopes to build 1 m ‘affordable’ homes

Stainless steel industry banks on Railways for its growth

Nifty future slips into discount against spot


eWorld




The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line