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

DISCLAIMER

The suggestions made herein are for information purposes and are not recommendations to any person to buy or sell any securities. The information is derived from various sources that are deemed to be reliable but its accuracy and completeness are not guaranteed.Our blog does not accept any liability for the use of this column. Readers of this column who buy or sell securities based on the information in this column are solely responsible for their actions. And we won't be liable or responsible for any legal or financial losses made by anyone .Any surfing and reading of the information available in this blog is the acceptance of this disclaimer.