Finance/Economy/Market Alert

* IMF for more policy tightening in emerging economies to tame inflation.
* OBC source says Q1 mark-to-mkt loss on bond portfolio seen 1 bln rupees.
* Ranbaxy head says the pact with Daiichi is binding on both sides.
* Bharti Airtel mobile svcs in Mumbai hit due to short circuit.
* Wipro Apr-Jun net 9.08 bln rupees; net sales 59.81 bln rupees.
* Satyam Computer Apr-Jun net 5.48 bln rupees; net sales 26.21 bln rupee.
* Punj Lloyd gets $108 mln order from Spain's Tecnicas Reunidas.
* Kirloskar Brothers Apr-Jun net loss 44.80 mln rupees.
* KPIT Cummins sees delay, cut in size of new project from US.
* India's crude oil basket down $1.28 per barrel to $132.63 Thu.
* India oil futures down 200 rupees/bbl Thu; global mkts slide $4-5
* Equity Alert: Punj Lloyd up on $108-mln order win from Spanish co
* Equity Alert: Frontline tech cos fall; Satyam Computer tumbles 8%
* Equity Alert: Kirloskar Brothers slumps on Apr-Jun net loss
* Equity Alert: Gujarat NRE up 2%; co to announce bonus, Q1 earnings
* Equity Alert: ICICI Bk up on slowing inflation; analysts cautious
* Equity Alert: OBC recoups losses despite Q1 mark-to-mkt loss report
* Equity Alert: Mkt up 2% amid volatility; bank shares gain, IT down