Finance/Market/Economy Alert

* PM econ panel sticks to 7.7% India growth forecast for FY09.
* BHEL gets 22-bln-rupee order for 726MW plant from ONGC Tripura Power.
* L&T, Nuclear Power to form forging equipment JV, invest 16 bln rupees.
* Punj Lloyd arm gets 1.67-bln-rupee order from Singapore co.
* Nagarjuna Con wins AP Bhavan development order worth 10 bln rupee.
* Idea's open offer for Spice Comm shrs to start Sep 17, end Oct 6.
* India crude oil basket slips to new 5-mo low at $101.65/barrel Mon.
* India Infoline sees HCL Tech, Infosys in focus on Axon bid tussle.
* Valiant Comm to buy back shares up to 10% of paid-up capital
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