Top News Headlines.

The Economic Times

Vodafone meet puts Hutch bidders on the edge

Reliance Communications to make its move only after Vodafone takes a call

Core fin companies may get to raise money abroad

ECBs to increase liquidity in general

PEs are India Inc’s top money-spinners

Funds raised from PEs cross IPO proceeds in 2006

The Hindu Business Line

PF body may moot hike in contribution rate to 15%

Employer’s payment on account of salary would go up by 2.6%

Government to sell residual stake in Maruti

Competitive bidding likely.

HDFC Bank hikes prime rate to 13.5%

The bank has hiked its prime lending rate by 1.5% to 13.5% with effective December 20

The Financial Express

Financial sector reforms take two steps backwards

Insurance and Pension reforms take step back

Tax sops to units in hill states may go

Area based tax benefits cost the government Rs 1,500 cr in ’04-05

Sebi cracks the whip on errant market entities

Kotak Securities fined Rs 10 lakh; Gammon India, others barred for a year

Daily News & Analysis – Money
Setback for Birlas in battle with RS Lodha

Calcutta High Court upheld an earlier order rejecting the caveatable interest of three Birla family members

Tatas may bid at 530p for Corus, unnerving punters

Indian firm lone underperformer in steel stable since October.

Investors cross fingers on derivatives market

Short positions have increased to hedge against mood shifts.