Equity/Market/Economic Alerts

* Cabinet likely to take up SBI-State Bank of Saurashtra merger today.
* Bharti Airtel Apr-Jun net 21.67 bln rupees, net sales 85.06 bln rupees.
* Patni Computer Systems Apr-Jun consol net 1.19 bln rupees.
* Hindustan Zinc raises lead price by 7,100 rupee/tn; zinc kept unch.
* Cranes Software arm Systat Software to acquire Cubeware.
* SBI Mutual to revise exit load plan of liquid plus fund.
* Govt to waive licence fees for rural landline telephone ops.
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