Sunday, July 20, 2008
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Deccan Herald » Business
FE kitty up by $123 m  
Indias foreign exchange reserves rose marginally by US$123 million to US$308.52 billion for the week ended July 11, primarily due to a jump in the foreign currency assets. The reserves had fallen in the past two weeks and stood at US$308.397 billion for the week ended July 4.
Let talks fail, well not budge, says India  
Two days ahead of the ministers of key WTO member-countries meet here to infuse urgency into Doha trade talks, India, on Saturday, said it would not give away concessions committed to developing countries even if it means breakdown of negotiations at the WTO meeting of trade ministers on Monday, called for infusing urgency into Doha trade talks.
RIL must pay for deal loss, thunders Anil Ambani firm  
A day after the collapse of deal between South Africas MTN and RCom, an Anil Ambani company, on Saturday, charged Mukesh-led RIL with causing substantial harm to it as a majority shareholder in the Indian telecom entity and asserted its rights to claim damages.
Intel faces fresh EU antitrust charges  
European regulators are preparing to file new antitrust charges against Intel Corp expanding a probe into the chipmakers marketing and sales practices, The Wall Street Journal said, citing people familiar with the matter.
Commodity bourse mulls spot markets  
In an effort to attract farmers, National Commodities & Derivatives Exchange Ltd has planned to set up spot markets in the country, which are expected to be operational over the next 24 months.
Merrill posts whopping $4.9 b loss
ANZ Bank moving 238 jobs
AT A GLANCE
Lara’s love... Actress Lara Dutta poses with the new Fiat 500 motorcar during its launch in Mumbai on Friday. The Fiat 500 car is the relaunch of the Italian car, known as Cinquecento in Italian, originally designed by Dante Giocosa, launched 50 years ago in Turin. The car will be available in both diesel and petrol variants with a starting price of Rs 14.82 lakh. AFP
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