The Economic Times Daily Newsletter

	Dated:January 16,2011

Top Headlines Eight of top-10 firms lose Rs 61k cr in m-cap, RIL top loser Mukesh Ambani-led Reliance Industries saw an erosion of Rs 20,864.68 crore from its m-cap to take its market valuation to Rs 3,27,665.38 crore. Renault's India small car to be positioned above Bajaj's ULC Bajaj Auto is developing an ULC to be tagged around $2,500, which will be marketed by the Renault-Nissan alliance and is scheduled to hit the market in 2012. As salaries hit a high, more executives consider early retirement As salaries hit a high, career graphs peak faster and burnout becomes real, more execs are considering early retirement and planning towards it. Most Read Story Nearly half of H1B visa holders from India: US report Nearly half of H-1B work visa holders in the US were from India, who were mostly hired for technology-related positions, according to GAO report. Most E-mailed Story Indian farmers look to reap rich gains in Madagascar Corporates are increasingly looking to make the most in Africa as govts scour for highly skilled talent, especially in the continent's vast farm land. Most Commented Story Petrol dearer by up to Rs 2.54 per litre State-owned oil companies raised petrol prices by Rs 2.50-Rs 2.54 per litre, the second hike in a month, on back of rising crude oil prices. Latest Updates SBI to raise up to Rs 2,000 cr by bonds in Feb FDI bug back in multi-brand retail Wikipedia turns 10, looking towards India CBRE in talks to buy ING's realty unit for 1bn euro		Market Round-up SENSEX 18860.44 -322.38 NIFTY 5654.55 -97.35 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Tata Coffee Ltd. 557.50 + 20.00 Harrisons Malayalam Ltd. 89.25 + 11.42 Tainwala Chemicals & Plas 21.45 + 9.16 Ramkrishna Forgings Ltd 122.00 + 9.02 Bell Ceramics Ltd. 22.30 + 7.99 NSE Losers Scrip Price(Rs.) %Change Shekhawati Poly Yarn Ltd. 30.40 -20.00 Agre Developers Ltd. 59.20 -9.96 Zee Entertainment Enterpr 117.65 -9.84 Celestial Biolabs Ltd. 23.50 -9.09 Unichem Laboratories Ltd. 203.95 -8.70