Thursday, February 14, 2008

15 -Feb - 2008 : Overnight Headlines to start your day

Overnight headline's:

Economic Times

  • Promoters take advantage of mkt meltdown
  • Separate hype from reality on US slowdown: Accenture
  • RCom for possible takeover of Capgemini
  • India, China to drive auto growth in 2008: Daimler
Financial Express
  • Govt Bites The Bullet: Fuel Prices Hiked
  • Indias gold demand rises 6%
  • Financial reforms unlikely to take place before LS polls
  • Steel companies relent, agree to roll back hike

CNN Money
  • Wall Street slumps as investors react to Fed chair's economic outlook.Stocks tumbled Thursday as investors reacted to Federal Reserve Chairman Ben Bernanke's Congressional testimony that economic conditions are likely to get worse before they get better
  • Gore to Wall Street: beware of 'subprime carbon'
  • Boeing partners with Tata for plane parts

Sify
  • Boeing, Tata announce new joint venture
  • Wipro unit wins $50 m outsourcing deal
  • Idea adds 1.2 million new connections in 2007-08
  • 'IT sector layoffs unrelated to economic slowdown'
  • NIIT Tech adopts new model to boost profitability
  • Punj Lloyd to build $282 m resort in Singapore

ChannelNewsAsia
  • New York state governor Eliot Spitzer warned Thursday that bond and credit woes afflicting Wall Street and global markets could turn into a more damaging "financial tsunami."
  • US dollar slips after Fed chief opens door to rate cuts
  • Dow slumps as Fed chief sees 'sluggish' growth
  • US sub-prime crisis costs global loss of US$7.7 trillion
MoneyControl
  • Mkt gains driven by large-scale short covering: MS
  • Fuel prices hiked to avoid fiscal system collapse: PM
  • Volatility to continue for now: Mangal Keshav
Business Standard
  • Tatas find an ally in Orient-Express battle
  • Boeing, Tata form India JV for aerospace parts
  • Cap on foreign inflow into debt market to stay: RBI
  • India can sustain 9% growth: PM

No comments: