Dow sheds 160pts; Indian ADRs end -ve
The Indian ADRs ended on a negative note. Genpact slipped 1.23% to $11.23.Tata Motors dropped 2.26% to $8.21. Infosys declined 1.43% to $35.26 and Patni Computers was down 1.68% at $10.56. ICICI Bank was flat at $27.90 and Tata Communications declined 2.28% to $18.86. HDFC Bank decreased 1% to $93.94.
Nikkei set to fall on yen, new U.S stimulus talk.
Ratan Tata asked to help revive Air India.
Maya's pet project in Noida to cost Rs 187cr.
Disinvestment road map in 3 months.
Implement tea e-auction, Kerala HC tells Tea Board.
Pantaloon to raise up to Rs 1k crore.
Apex court to hear RIL-RNRL gas dispute case on July 20.
Ruias plan to divest at least 20% in Jessop.
LIC earmarks Rs 25,000 crore for funds, project loans.
Kabirdass Motor plans to raise Rs 60 cr via IPO.
Import duty on edible oil should have been hiked: SEA.
Seafood exports fetch a record amount.
Hathway unplugs from Chenna''s cable TV market
Tata Life Sciences & Technology Fund declares 20% dividend.
Taurus Starshare Fund declares 50% dividend.
Govt kitty to add Rs 1,200 cr from new services to be taxed.
AP Govt cancels metro project awarded to Maytas Infra.
JSW Steel rules out hike in prices.
JSW Steel gets shareholder’s nod to raise $1 bn via QIP.
JSW Energy to invest Rs 15,000 cr in 3,200 Mw power plant.
IBM wins $251.7M contract from Carrefour.
El Nino developing slower, India monsoon to stay weak.
Tax holiday to be given from NELP-VIII onwards: Oil Secy.
SEBI: MTN to take Bharti stake in GDRs.
Govt rules out putting cap on number of UMPP alloted to a firm.
Sony to enter netbook PC market with new Vaio.
IDFC's CEO sells 4.50 lakh shares for Rs 6.30 cr.
View:-Sell IDFC strictly below 132 for a target of 128.5 SL 133.5.
SBI sees credit growth rising.
Tata Steel sales up 19% on year in June.
Govt hikes aviation sector allocation by 64% to Rs 12,000 cr.
Japan to build "one-stop" online public service system by 2013.
Tea exports dips 10% in May; output up marginally.
McNally Bharat bags Rs 165 cr order from Tata Project.
Singapore Nifty is trading at 4,135.0 down by 58 points at 9.10 AM IST.
