The Economic Times Daily Newsletter

	Dated:February 11,2009

Top Headlines Car dealers on the brink of shutting shop Impact of inventory pile-up, rising cost of credit and declining profits could see over 100 dealerships closing down. Latest car launches CEOs taking voluntary pay cuts to stave off job losses Indian executives are presenting a picture of contrast to their peers in West where there is resistance to forego bonuses and perks. 99% of new mobile connections in India are pre-paid India has all but completely rejected the post-paid option, with nearly 99% of new mobile user additions accounting for pre-paid connections. Smartphones Most Read Story Subhiksha's shops, warehouses looted At least 600 stores and warehouses of the retail chain struggling to pay wages were ransacked over the past week. Most E-mailed Story Now is the time to pick cheap mid-cap stocks Almost every stock listed on the bourses have seen stiff resistance from bear camp. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NSE I Views/Recommendations Most Commented Story Home loan borrowers shift to PSU banks on lower rates Home loan borrowers are shifting loans to public sector banks sue to wide difference between interest rates. Tax deduction on home loan I Rates from leading banks Latest Updates Negative EPS growth affects dividends Cabinet approves Rs 1,200 cr project Nokia cuts production, jobs in Finland Danone profit falls,slow growth in '09 Debates Was the oil price cut hasty? Is CEC�s move to oust Chawla right? Does protectionism add to exporter woes? Relax open offer rules for Satyam? Can Left and Congress align again?		Advertisement Compare & shop No minimum balance NRI account Premier Banking NRI! Easy money transfer! Best Investment Options Global B2B marketplace Market Round-up SENSEX 9618.54 -28.93 NIFTY 2925.70 -8.80 NASDAQ 1524.73 -66.83 DJIA 7888.88 -381.99 RS/$ 48.70 -0.10 NSE Gainers Scrip Price(Rs.) %Change helio 23.10 + 20.00 midmul 15.45 + 18.39 shosto 103.60 + 17.86 gssame 146.70 + 17.83 ferand 21.60 + 15.20 NSE Losers Scrip Price(Rs.) %Change cranso 57.30 -12.39 marove 4.75 -12.04 zeeent 113.90 -11.88 giengs 7.95 -9.66 premer 35.25 -9.50

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