New Digest for the day

The Economic Times

Reckitt eyes Jyothy Labs' Maxo
Big deal brews in south as real estate prices flare up in west.

Realty in city hops, skips & jumps
Govt's ready reckoner hikes Mumbai property prices up to 50%.

RBI relief bonds are still hot picks
November mobilisations at Rs 902 crore despite booming stock market.

The Financial Express

BSNL's interests held back Trai move to revenue-share regime
Mobile subscriber base grew 300% from 13 milion to 50 million during a little over a year.

Steel majors set to hike prices as raw material costs soar
SAIL ups HR Steel prices by Rs 500/T.

GIC faces hit on South Asian exposure
Other Indian state-run inusrers too face claims.

The Business Line

US equity fund buys 33.3% in Indiabulls arm for Rs 87.6cr
Indiabulls Credit Services to have a capital base of over Rs 130cr.

IT will be 1-million strong quite soon
To employ close to 2.2 million people by 2008, of which ITES-BPO segment to employ over 1.1 million people.

Govt clamps excise duty on interesterified oil
Interesterified fats, clubbed under 15.04 (A) as "all goods", to be exempt from the levy.