Finance/Market/Economy Alert

* HCL Tech CEO says current business scenario potential threat for co.
* Macquarie says US financial woes to hit investment flows to Indian mkt.
* Ranbaxy retains former New York Mayor Giuliani's svcs in FDA case.
* Power Grid FY09 invest in transmission ops seen about 80 bln rupees.
* Hindustan Zinc ups zinc price by 1,400 rupees/tn, lead 1,700 rupees.
* Pratibha Industries gets 1.56-bln-rupee order.
* India crude oil basket marginally up at $86.96/barrel Wed.
* PEC floats tender to import 5,000 tn crude palm oil in Sep-Oct.
* Chidambaram says India banking system reasonably insulated from US.
* ICICI Bank Kochhar says credit losses across operations under control.
* Karnataka CM says offered Tatas support for Nano unit relocation.
* HCL Tech CEO says current business scenario potential threat for co.
* Tata Steel says no immediate plan to raise capital.
* Telecom secy says Defence may vacate spectrum in phases.
* Govt allows Indian cos to enter financial pacts with foreign magazines.
* Head sees Amway India sales topping 10 bln rupees 2008 vs 8 bln.
* IMF says US fincl crisis serious, but developing economies resilient.
* Macquarie says US financial woes to hit investment flows to Indian mkt.
* HDFC Bank revises interest rates on FCNR(B), NRE term deposits.
* Ranbaxy retains former New York Mayor Giuliani's svcs in FDA case.
* PEC floats tender to import 5,000 tn crude palm oil in Sep-Oct.
* Cabinet OKs purchase of 1 mln tn pulses from Myanmar