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Galleon sells its stake in India's Edelweiss Friday, 20 Nov 2009

MUMBAI, Nov 20 (Reuters) - Hedge fund Galleon, which is winding down its funds after its founder was accused of heading an insider trading ring, has sold its holding in India's Edelweiss Capital , stock exchange data showed.  Full Article

 
UPDATE 1-India CBLO rates down in thin trading on CRR rule Friday, 20 Nov 2009 

MUMBAI, Nov 20 (Reuters) - Rates and volumes fell in India's collateralised money market on Friday as funds borrowed there attracted CRR requirements while the inter-bank rates were steady, helped by the central bank's reverse repo auctions.  Full Article  

India's ICICI Bank lowers yld in bond sale -source Friday, 20 Nov 2009 

HONG KONG, Nov 19 (Reuters) - ICICI Bank , India's second-biggest lender, has lowered the spread range on its dollar bonds to 337.5-350 basis points (bps) over U.S. Treasuries after strong demand, a source close to the deal said on Friday.  Full Article  

India CBLO rates down in thin trading on CRR rule

MUMBAI, Nov 20 (Reuters) - Rates and volumes fell in India's collateralised money market on Friday as funds borrowed there attracts CRR requirements while the inter-bank rates were steady, helped by the central bank's reverse repo auctions.  Full Article  

Ford bets on Brazil

Nov. 20 - Ford Motors is planning on investing more than $2 billion in Brazil.  Play Video

 

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Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 77.6 -0.05% 11/21 04:28 IST
Gold 1151.4 +0.83% 11/21 03:44 IST