The Economic Times Daily Newsletter

	Dated:March 06,2011

Top Headlines ONGC to lose Navaratna tag in rush to launch FPO next month ONGC will lose the coveted Navaratna status and the accompanying financial autonomy in its rush to the Rs 11,500 crore share sale scheduled next month. Infosys likely to set up centre in Bihar The government has decided to develop an IT park in Bihta, 30 km from Patna. Bihta is well-connected by road and rail. India not as corrupt as China and Russia: Fitch India is not as corrupt as China and Russia, according to the global credit rating agency Fitch. Most Read Story Hosni Mubarak is richest person in the world: Report Ousted Egyptian President Hosni Mubarak, reportedly ailing with cancer may be the richest man in world, with an wealth estimated to be $70 bn. Most E-mailed Story RIL launches programme to develop leaders of the future ALP is open to professionals between 27-34 yrs & will include talent not only from within RIL but also from other organisations, a company spokesperson said. Most Commented Story UPA Govt in crisis as DMK quits alliance, dumps Congress Tamil Nadu's DMK ended seven-year alliance with Congress and pulled out of UPA govt after running into roadblocks over seat sharing in assembly elections. Latest Updates Budget 2011: Impact on various sectors 'Too big to fail' fin conglomerates may face scrutiny Cognizant to embark on major expansion programme Libya crude exports set to slide as crisis worsens		Market Round-up SENSEX 18486.45 -3.31 NIFTY 5538.75 2.55 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Trigyn Technologies Ltd. 22.05 + 20.16 SB&T International Ltd. 12.80 + 15.83 D-Link (India) Ltd. 31.95 + 15.34 MRO - TEK Ltd. 20.00 + 12.67 Cubex Tubings Ltd. 13.20 + 11.86 NSE Losers Scrip Price(Rs.) %Change Sanghi Polyesters Ltd. 2.00 -11.11 Melstar Information Techn 8.50 -7.60 Polar Industries Ltd. 4.60 -7.07 California Software Compa 35.25 -6.99 Arihant Foundations & Hou 60.70 -6.97