Finance/Market/Economy Alert

* JP Morgan sees FY09 India IT cos dlr revenue dn 3% on US fin crisis.
* Infosys hopes for more orders from Bk of America post Merrill buy.
* Lehman Brothers Asia, Lehman Bros Securities Asia suspend ops.
* IOC Sep 16-30 daily pdt sale revenue loss seen 2.11 bln rupee.
* Welspun India to de-merge two divisions into separate companies.
* India crude oil basket slips to 7-month low at $91.69/bbl Mon.
* Govt may tender up to 1 mln tn wheat for bulk buyers.
* PEC floats tender to import 12,000 tn tur in Oct-Nov.
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