The Economic Times Daily Newsletter

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	Dated:March 06,2009

Top Headlines ICICI Bank cuts new home loan rates by 25-50 bps After the rate cuts by RBI, ICICI Bank has cut the interest rates in new home loans by 25-50 bps. Gainers: BSE ( A, B ), NSE | Losers: BSE ( A, B ), NSE I 52 Wk: High, Low ITeS cos avoid 60,000 freshers by tapping 'bench' Bench is the industry-speak for employees who are between projects or those sent for higher training. Cities that are IT hubs | Nine trends for IT in 2009 | Tech Watch SEBI paves the way for strategic sale in Satyam SEBI has approved an international bidding process that would allow a strategic investor to acquire upto 51% stake in the company. Satyam's Development Centres Most Read Story Is GE the next US conglomerate to fall? General Electric shares are under pressure as investors ponder one question: Can GE Capital handle a surge of defaults? Learning from the legends of investing Most E-mailed Story Indians in US have to disclose offshore accounts Non-residents are required to declare overseas financial accounts if aggregate value exceeds $10,000 during calendar year. NRE/ NRO A/cs I NRI Taxation Most Commented Story Home loan rates may come down to 2004 level Reserve Bank cut repo rate and reverse repo rates by 50 bps to 5.0% and 3.5%. Reactions: Industry | Instant View | Auto sector | Chanda Kochhar | Economists Latest Updates RBI offers Rs 600 bn at special repo Infra growth slows to 1.4% in Jan Pink slipped: What not to email ! BoB slashes BPLR by 50 bps Debates Will Slumdog benefit Bollywood? Mandatory cost audit: Do we need it? Ban the Big Four accounting firms? Do we need more stimulus packages? Will the new FDI norms be onerous?		Advertisement Compare & shop No minimum balance NRI account Premier Banking NRI! Easy money transfer! Best Investment Options Global B2B marketplace Market Round-up SENSEX 8299.71 101.79 NIFTY 2616.50 39.80 NASDAQ 1299.59 -54.15 DJIA 6594.44 -281.40 RS/$ 52.06 -0.41 NSE Gainers Scrip Price(Rs.) %Change bomray 103.70 + 21.29 satyco 42.15 + 20.09 arifou 39.90 + 19.82 rajray 5.85 + 17.00 krieng 2.10 + 16.67 NSE Losers Scrip Price(Rs.) %Change edssof 56.50 -19.97 jctele 1.65 -17.50 rolind 48.40 -17.12 shrega 7.20 -13.25 pholam 44.65 -10.88

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