Business News

Era Infra says JV gets 1.3 bln rupees contract Posted: 06 Oct 2008 02:23 AM CDT MUMBAI (Reuters) - Infrastructure development firm Era Infra Engineering Ltd said on Monday its joint venture had secured a contract worth 1.3 billion rupees.

Oil falls over 3 pct to $91, crisis may dampen demand Posted: 06 Oct 2008 02:13 AM CDT By Jonathan Leff

Nikkei hits 4-œ year closing low as gloom spreads Posted: 06 Oct 2008 02:11 AM CDT By Elaine Lies

Dish TV India plans $240 mln rights issue Posted: 06 Oct 2008 02:01 AM CDT MUMBAI (Reuters) - Satellite television provider Dish TV India Ltd plans to raise 11.4 billion rupees ($240 million) through a rights issue priced at 22 rupees a share.

BSE Sensex falls more than 4 pct to 2-yr low Posted: 06 Oct 2008 01:59 AM CDT MUMBAI (Reuters) The BSE Sensex extended its fall to more than 4 percent on Monday afternoon, dropping below 12,000 points for the first time since Sept 2006, as worries of foreign fund withdrawals mounted after the $700 billion U.S. rescue package failed to soothe global recession fears.

Regulators scramble to shore up banking system Posted: 06 Oct 2008 01:50 AM CDT By Jason Subler

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