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Sunday, December 7, 2008

Headlines

 

Source: Economic Times

* Government readies Rs 75K crore stimulus package

* Nearly 30% of NSE stocks in illiquid club

* Oil prices slump under $45 a barrel

* Ford India cuts Fiesta price by up to Rs 91,000

* Citigroup says 'core' Japan units not for sale

* GE India to acquire Indo Tech transformers

* Tough road ahead for FDI in sensitive areas

* Japan mulls $107 bn spending to support jobs-paper

* China reluctant to invest in foreign banks

* Inflation-wracked Zimbabwe issues 100-mn dollar note

* ACC plans Rs 100 crore bond issue

* India insurance sector to grow 17% in 2008/09 fiscal year: IRDA

Source: Business standard

* Metro Cash & Carry to invest Rs 900 cr in Punjab

* Deshmukh removed, Chavan likely to be new CM

* India, Russia to ink N-deal tomorrow

* Ayush Hospital to invest Rs 200cr

* Hotels innovate to boost tourist inflow

* Ctrl S Datacenters gets Rs 250cr equity funding

* AMRL to invest Rs 800 cr in multi-product SEZ

* TAKE Solutions launches product for pharma cos

* Pharma bodies come out with disclosure code for clinical trials

* NCDEX sugar volume dips 77% in 5 months

Source: Business Line

* Bonds rally on rate cut expectations

* Indian crude basket dips to $43.17 a barrel

* MAN to raise stake in jt venture with Force Motors

* NSE revises lot sizes of derivative contracts

* Indian Hotels begins preliminary work at Taj

* Dr Reddy's bags order to supply 7 drugs in Germany

* GVK Power consortium gets 7 blocks

* Mukand in pact with Japan's Kobe Steel

Source: Yahoo Finance

* Stocks finish higher despite dismal economic data

* Productivity growth better than expected in 3Q

* Oil prices waver on skimpy crude inventory report

* Financial industry pushes for lower mortgage rates

* Forecasters: Georgia's economic outlook 'dreadful'

* China sees growth contributing to global stability

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