Finance/Market/Economy Alert

* Invest in new-age defensive sto
* Rising income and awareness will drive pharma growth: CII
* Steel minister says need to maintain pdt, input price at reasonable level.
* Reliance Ind says withdrawn application to transfer D6 assets to arms.
* Maruti Suzuki Aug total sales 59,908 vehicles, down 9.2% on year.
* Tata Motors says no word yet from Trinamool Cong for talks on Singur.
* TVS Motor Aug two-wheeler sales 114,321 units, up 11% on year.
* SpiceJet Apr-Jun net loss 1.29 bln rupees.
* Indo Asian Fusegear gets 230-mln-rupee export order.
* Tata Comm asked to pay $19 mln damages to Reliance Globalcom.
* Andhra Bank's 3-bln-rupee Lower Tier-II bond issue to open Tue.
* Aban Offshore arm in 18-month pact with Maersk Oil Angola.
* Resurgere Mines lists at 285 rupees on NSE vs 270 rupees IPO.
* India crude oil basket marginally down at $111.77 per barrel Fri.
* India Jan-Aug coffee exports 166,465 tn vs 157,422 tn yr ago.
* Industry secy says govt may introduce monthly WPI series in Oct.
* Steel minister says govt mulling raising iron ore export duty.
* Govt rules out immediate plan for reduction in auto fuel prices.
* ONGC to start pilot output of coal bed methane from Dec.
* M&M Aug total vehicle sales excluding tractors 19,211 units.
* RIL withdraws proposal to transfer D6 Block stake to subsidiaries.
* TRAI directs operators to give full talk time to users on recharge.
* Suzlon to buy 22.48% in Repower for 270 mln euros from Martifer.
* Rain Commodities OKs share buyback of up to 260 mln rupees.
* Shriram EPC in pact to buy 55% in Blackstone Group Technologies.
* Tata Motors says Singur plant workers not reported for work today.
* Oil cos' revenue loss seen 60.0 bln rupees Sep 1-15.
* Maruti Suzuki Aug total sales 59,908 vehicles, down 9.2% on year.
* Indo Asian Fusegear gets 230-mln-rupee order from West Africa.
* Supreme Court refuses to extend UP sugar mills cane arrear deadline.

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