Pipavav Shipyard reviewing IPO plan
Pipavav Shipyard, promoted by SKIL Infrastructure, is having second thoughts on going ahead with its proposed $150million IPO in the wake of the recent tremors on Wall Street that continues to rattle global and Indian markets, reports The Hindu Business Line.
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Congress to tweak bailout or risk deep recession
WASHINGTON (Reuters) - U.S. efforts to revive a $700 billion (388 billion pound) bank bailout bill with some new provisions offered hope for battered markets on Tuesday, and economists warned of a long and deep recession if efforts to resuscitate it fail.

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Health care and consumer staples remain defensive play
NEW YORK (Reuters) - Shellshocked investors looking for a safe place to put their money other than under their mattresses after the largest one-day point drop in U.S. stock market history can still count on some old favorites -- health care and consumer staples.

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Huntsman rallies as judge holds Hexion to $6.5 billion merger
NEW YORK (Menafn - MarketWatch) -- Shares of Huntsman Corp. surged as much as 68% early Tuesday, rallying after a Delaware court ordered Apollo Management's Hexion Specialty Chemicals to take all acti...
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Still Expect Delta Merger To Close This Year
TOKYO -(Dow Jones)- Northwest Airlines Corp. (NWA) Chief Executive Officer Douglas Steenland said Wednesday that he still expects the firm's merger with Delta Airlines Inc. (DAL) go through by the end...
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Taiwan studies setting up sovereign wealth fund
TAIPEI, Oct 1 (Reuters) - Taiwan's state planning body will on Wednesday discuss establishing a sovereign wealth fund as a vehicle for government investment, mirroring a trend among emerging econom...
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Lloyds-HBOS merger doubts as shares slump
Lloyds TSB is coming under increasing pressure to attempt to renegotiate its planned takeover of HBOS as leading shareholders press it on the widening difference between the value of its offer for the...
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