Wednesday 20 February 2013

The Economic Times Daily Newsletter

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Dated:February 20,2013
Top Headlines

Widening CAD & sluggish growth are still risks for India: Fitch Ratings

More measures may need to be introduced. We still stick to our previous assessment of the negative outlook, says Art Woo, Fitch Ratings.


Union Cabinet to take call on Rs 11,200-cr Vodafone tax dispute: Chidambaram

Vodafone, which is facing a tax liability for purchase of Hutchison Whampoa's stake in its Indian telecom biz, had written to Finance Ministry seeking settlement.


AirAsia applies for Indian airline JV with Tata Sons and Telestra Tradeplace

The JV has already sought FIPB approval. Air Asia will have 49% in the JV while the Tata Group and Hindustan Aviation will have residual 51%.


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NASDAQ 3110.78 -6.72
DJIA 13534.89 27.57
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NSE Gainers
Scrip Price(Rs.) %Change
Maharashtra Scooters Ltd.
494.00 + 17.05
Brandhouse Retails Ltd.
11.60 + 15.42
Liberty Shoes Ltd.
99.45 + 12.76
Pitti Laminations Ltd.
41.95 + 10.69
Binani Industries Ltd.
121.65 + 10.49
NSE Losers
Scrip Price(Rs.) %Change
LGB Forge Ltd.
1.50 -18.92
Karur KCP Packkagings Ltd
26.00 -10.19
Chromatic India Ltd.
85.00 -9.96
GSL Nova Petrochemicals L
1.45 -9.38
Spectacle Infotek Ltd.
2.25 -8.16

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