Today's Top Newspaper Headlines:-
The Economic Times
Fall St's darkest hour
Lehman lynched, Merrill sold, AIG in a crunch, China cuts rates, Fed gives a rope
Stunned, London looks to Chinda to beat the blues
After the horror, all eyes on Central banks
Re slumps to a 2-year low
Rupee closed at a two-year low of 46.08/08 against the dollar
The Hindu Business Line
Hurricane Lehman strikes
Global markets in a spin - Lehman goes under, Merrill is bought out
Emami doubles Zandu open offer price
Open offer price works to Rs 15,000 from Rs 7,315 earlier in June
Bloodbath on Dalal St as FIIs exit
Realty, IT stocks most affected; late buying stems free fall
The Financial Express
Lehman will liquidate its Indian holdings
The firm has invested around Rs 1,200 crore in Indian companies in the last two years
Merrill staves off bankruptcy, sells to BankAm for $50 bn
The bank had also bought Countrywide Financial Corp for $2.5 bn last July
Investors lose Rs 4.09 lakh cr in six trading sessions
BSE market capitalisation has declined to RS 44.33 lakh crore on Sep 15 from Rs 48.42 lakh crore on Sep 8
