Today's Top Newspaper Headlines:-
The Economic Times
Some Diwali sparkle
RBI frees up money for loans, and tempts NRIs, foreign funds to invest more
Sebi seeks sales data from FIIs
The short-selling taking place outside' the regulatory radar, offers a clean arbitrage chance
Kingfisher too may hand out pink slips
Layoffs part of Jet-KF deal to cut costs
The Hindu Business Line
RBI cuts cash reserve ratio yet again
100 basis point reduction to release Rs 40,000 cr more to banks
Banks, Nabard to get first instalment of farm debt waiver
FM said that RBI will provide temporary liquidity support of Rs 25,000 cr to commercial banks
L&T net profit rises 32%
Net profit at Rs 460 cr vs Rs 348 cr in Q2
The Financial Express
Liquidity offensive: banks get Rs 85K cr
FII investment cap in corporate bonds doubled to $6 bn
Sensex falls nearly 6%; mutual funds remain under pressure
The NSE Nifty shed 5.3% on fears of looming global recession
Credit crunch lands BPCL on the verge of ECB default
Company informs govt that it may default on its $300 mn external loan
MINT
NTT DoCoMo eyes $2.5 bn stake in Tata Teleservices
Law firms representing both companies are working on the deal
Bharti's outsourcing drive
Company signs deal with IBM and Infosys for premium clients and direct-to-home-services
Rio may delay sale
Rio Tinto group may delay the planned sale this year of $10 bn of assets
