The Economic Times Daily Newsletter

	Dated:February 19,2009

Top Headlines Gold at all-time high of Rs 15,800 per 10 gm Gold recorded gains of Rs 50 to Rs 15,800 after poor economic data of Russia and Japan raised concerns of growing global recession. Look outside Nifty-50 Inflation at 13-month low, will rate cuts follow? Weakening economic activity and lower than expected inflation data suggest that there is more room for rate cuts. Fortunes of India's billionaires in UPA regime Satyam may finalise bid criteria next week Details and criteria for prospective bidders for a stake in Satyam Computer Services could be finalised next week. Funnier side of Satyam saga! Most Read Story Fortunes of India's billionaires in UPA govt's tenure Here is a detailed look at how the companies owned by India Inc's big shots have fared over five years of the UPA govt. India's ten biggest wealth creators Most E-mailed Story Bangalore to become more affordable DLF which virtually created Gurgaon, has slashed its rates for an upcoming project in Bangalore's Bannerghatta Road by whopping 32%. Realty: A good hedge Most Commented Story Pune�s Persistent Systems introduces reappraisal tests to realign workforce At a time when IT companies are looking at ways to realign their workforce, given the declining number of clients, Pune-based Persistent Systems has begun evaluating employees in a manner that would enable it to justify any possible manpower restructuring, including a layoff. Latest Updates Gold at all-time high of Rs 15,800 Oil rises above $36 a barrel HPIndia launches EliteBook series China may prevent commodities spike Debates Will the new FDI norms be onerous? Was the oil price cut hasty? Is CEC�s move to oust Chawla right? Does protectionism add to exporter woes? Relax open offer rules for Satyam?		The last date for submitting your business idea for ET’s ‘The Power of Ideas’ is approaching fast. If you haven‘t submitted your business summary yet‚ we urge you to act fast and submit it before February 20‚ 2009. To know more about The Power of Ideas‚ visit www.ideas.economictimes.com To download the business summary format‚ click on http://ideas.economictimes.com/Guidelines.doc Market Round-up SENSEX 9042.63 27.45 NIFTY 2789.35 13.20 NASDAQ 1467.97 -2.69 DJIA 7555.63 3.03 RS/$ 49.85 -0.69 NSE Gainers Scrip Price(Rs.) %Change spicom 81.65 + 20.78 jaybha 25.65 + 13.25 wirwi 15.65 + 12.19 tecmal 266.65 + 11.66 advhot 26.95 + 11.36 NSE Losers Scrip Price(Rs.) %Change aposin 24.25 -19.97 gtntex 5.85 -12.03 glopol 141.25 -10.00 astpol 38.65 -9.91 mrote 27.30 -9.90

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