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  • Madoff sons reported jewellery violations to U.S.
  • To seek $2.5bn worth damages from Kuwait for breaking deal
  • ISM Non Manufacturing Index at 40.6
  • Pending Home Sales Index down 4% to 82.3
  • Factory sales fell 5.3% in Nov, biggest drop on record
  • PSU oil officers strike not to hit ops of most refiners
  • Oil officers strike not to affect ONGC, Oil India output
  • Not desperate to enter 3G: Akhil Gupta
  • High price to affect 3G bids: Sunil Mittal
  • Crude futures higher; breaches $50/bbl in day trade
  • Urgent OPEC meeting to take place in Kuwait, in Feb
  • IL&FS Trust: Sold 24.52 million shares (3.6%) since Dec-23
  • 47% of the current promoter stake pledged with lenders
  • Satyam promoters holding down to 3.60% vs 5.13% earlier
  • India likely to send representative for OPEC meet in Feb
  • Tata Steel sales decline 14% to 1.07MT
  • Oct-Dec crude steel output at 1.5MT, up 17% (YoY)
  • SRSR Holding's stake down to 3.5% vs 5.13% in Satyam
  • Goldman Sachs cut China GDP forecast to 6%
  • Saregama India gets into big budget film production
  • Weak Q3 earnings reflecting current stock prices
  • Crude futures higher;breaches $50/bbl in day trade
  • Urgent OPEC meeting to take place in Kuwait in Feb
  • Strike not to affect ONGC, Oil India output
  • Strike not to hit operations of most refiners
  • December exports to fall 1.6% (YoY): Sources
  • Apr-Dec exports at $130bn vs $113bn (YoY): Sources
  • India FY'09 export seen at $175bn: NW
  • Rupee closes at 48.69/$ vs 48.56/$ on Monday
  • Meet to discuss the demand supply situation: Sources
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