Top Headlines http://www.financialexpress.com/index.php Sun, 08 Nov 2009 04 : 45 : 19 +05:30 financialexpress.com http://static.expressindia.com/frontend/fe/images/financial-logo.gif Indian Express logo http://www.financialexpress.com/index.php Feed provided by financialexpress.com FinMin supports ADAG's borrowing plans http://www.financialexpress.com/news/finmin-supports-adags-borrowing-plans/538823/ Finance Ministry is understood to have supported ADAG's plans to raise $1.1 bn of loans for power biz. Fedders Lloyd bags $10.88 mn project http://www.financialexpress.com/news/fedders-lloyd-bags-10.88-mn-project/538133/ Fedders Lloyd said it has bagged an order worth USD 10.88 million (about Rs 52 crore) from a Ethiopia-based firm. Dr Reddy's files for marketing Lipitor generic http://www.financialexpress.com/news/dr-reddys-files-for-marketing-lipitor-generic/538554/ Dr Reddy's Laboratories has filed for marketing a generic version of Pfizer's cholesterol-lowering drug Lipitor in the US, the company said on Saturday. Citigroup to relaunch its hedge fund ops: Report http://www.financialexpress.com/news/citigroup-to-relaunch-its-hedge-fund-ops-report/538132/ Financial service major Citigroup is planning to relaunch Citi Alternative Investments. Freddie Mac posts $5 bn loss http://www.financialexpress.com/news/freddie-mac-posts-5-bn-loss/538543/ Freddie Mac, 2nd largest provider of US residential mortgage funding, posted a loss of $5 bn. Gurgaon: Rico Auto strike ends http://www.financialexpress.com/news/gurgaon-rico-auto-strike-ends/538113/ Workers at Rico Auto Industries ended their about 50-day strike following an agreement. Tata Steel Oct sales up 38% http://www.financialexpress.com/news/tata-steel-oct-sales-up-38/538126/ Tata Steel said it witnessed 38 per cent rise in its sales to 4.62 lakh tonnes in October. Jet, Kingfisher hike fuel surcharge http://www.financialexpress.com/news/jet-kingfisher-hike-fuel-surcharge/538085/ Jet Airways, Kingfisher Airlines raised their fuel surcharges by up to Rs 200 on domestic flights. Mittal to buy European fashion house Escada http://www.financialexpress.com/news/mittal-to-buy-european-fashion-house-escada/538116/ Megha Mittal, daughter-in-law of India-born billionaire Lakshmi Mittal, will buy insolvent Escada. Foreign airlines may pick 49% in Indian carriers http://www.financialexpress.com/news/foreign-airlines-may-pick-49-in-indian-carriers/538053/ Govt will consider a proposal to allow foreign airlines pick up to 49 pct in Indian carriers. BSNL starts conversion of pre-paid in J-K http://www.financialexpress.com/news/bsnl-starts-conversion-of-prepaid-in-jk/538088/ After a ban was imposed by the Centre on prepaid BSNL, JK circle, has started conversion of its pre-paid cell phone connections into post-paid. Lenovo shares ease after hitting 1-week high http://www.financialexpress.com/news/lenovo-shares-ease-after-hitting-1week-high/538047/ Shares of Lenovo rose by more than 3 per cent to a one-week intraday high. Qualcomm Q4 net down 9 pct http://www.financialexpress.com/news/qualcomm-q4-net-down-9-pct/537665/ Qualcomm reported a decline of 9% in Q4 net income at $803 mn hit by lower revenues. IBM to set up analytics centre in Bangalore http://www.financialexpress.com/news/ibm-to-set-up-analytics-centre-in-bangalore/537719/ To focus on the rapidly growing business analytics market place, the IBM today said it would soon set up a new ‘Business Analytics Centre of Competency’ in the city. HP unveils converged infrastructure architecture http://www.financialexpress.com/news/hp-unveils-converged-infrastructure-architecture/537712/ HP unveiled the HP converged infrastructure architecture and associated services and partner offerings. Barista launches its liqueur coffees in India http://www.financialexpress.com/news/barista-launches-its-liqueur-coffees-in-india/537710/ Italian coffee chain Lavazza launched liqueur coffees in India and said it will expand its cafe outlets. Genpact net profit dips marginally http://www.financialexpress.com/news/genpact-net-profit-dips-marginally/537700/ Genpact reported a 1.7 pct dip in its net profit for the third quarter ended September 2009. MS launches online services in India http://www.financialexpress.com/news/ms-launches-online-services-in-india/537697/ MS launched 'Online Services' in India to allow SMBs and enterprise customers to access e-mail. NTPC to appoint banker for S Africa buy http://www.financialexpress.com/news/ntpc-to-appoint-banker-for-s-africa-buy/537774/ State-run power producer NTPC, which is eyeing coal mines in South Africa to meet the gap in domestic fuel supply, will appoint a merchant banker next month to do the due diligence of those properties. SC to hear Ambani case again http://www.financialexpress.com/news/sc-to-hear-ambani-case-again/537661/ Court battle between Ambani brothers will begin afresh, after 2 judges of SC recused themselves. JSW Steel output up 34pct in October http://www.financialexpress.com/news/jsw-steel-output-up-34pct-in-october/537649/ JSW Steel said its production rose by 34 per cent to 4.53 lakh tonnes in October. Toyota in surprise Q2 profit http://www.financialexpress.com/news/toyota-in-surprise-q2-profit/537631/ Toyota Motor Corp reported a surprise quarterly profit and halved its annual loss forecast. Wipro to acquire Yardley personal care biz http://www.financialexpress.com/news/wipro-to-acquire-yardley-personal-care-biz/537614/ Wipro Ltd said it will acquire personal care brand Yardley for $45.5 million. Maytas Infra bags project worth Rs 790 cr http://www.financialexpress.com/news/maytas-infra-bags-project-worth-rs-790-cr/537602/ Maytas Infra said it has bagged an order worth Rs 790 crore from ITNL. GM's Opel move raises anger, new uncertainty http://www.financialexpress.com/news/gms-opel-move-raises-anger-new-uncertainty/537600/ GM's decision to scrap the sale of European subsidiary Opel raised new uncertainty.