Today's Top Newspaper Headlines:-
The Economic Times
India Inc holds its breadth
Dalal St looks to Asia; Banks to bare data on unused loans
Crisis shadow looms large over capex plans
Realty is worst hit
ICICI names sub-broker, SMS site in police complaint
Bank said the group SMS website smsgupshup.com and another Kerala based entity Maya News are actively spreadring rumors
The Hindu Business Line
Oil cos issue notice to airlines on aviation fuel dues
'Payment must be made by Oct 22 for getting supplies on credit basis'
Equity MFs look to trim their cash positions
Held Rs 28,000 cr in cash in September
Equity, forex markets spreading crisis to India: RBI
Adds, however, the country may escape the worst consequences of the crisis
The Financial Express
Subbarao hints at rate cut to ease credit crunch
India, with its strong internal drivers for growth, may escape worst consequences of the global financial crisis
Commodity crash to back up stock markets
This could five stock markets support when foreign funds are pulling out
Govt smells chance to cut oil sops
India basket crude pirces fall by 43% to $75 a barrel
MINT
Tata Tele sets off losses of Rs 5,141 cr
Biggest write-off by an Indian firm
One-fourth of BSE 500 stocks trading below book value
A total of 140 stocks are trading below their book value
Trouble brewing for airlines
Low occupancy levels have become a worry for carriers as high airfares see travellers choose trains over flights