Weekly News

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Weekly News

  1. 1. Weekly News<br />
  2. 2. HP to buy Arcsight for $1.5b<br />HP the world biggest PC maker agreed to buy Arcsight for $1.5b gain security software.<br />Arcsight investor will receive $45.50 share.<br />Arcsight acquisition will help HP serve the data center market and for growth strategy.<br />Arcsight also specialized in programs for compliance of computer system.<br />
  3. 3. Sensex scales Mt 19k again after 32 month<br /><ul><li>The Sensex zoomed by more than 408 points to cross 19,000 level for the first time in 32 months.
  4. 4. Analysts said market will scale new heights in coming days.
  5. 5. Strong index of industries production (IIP) numbers fired the Sensex.</li></li></ul><li>BSNL to spend Rs.45cr to restore network in Leh<br /><ul><li>The BSNL will spend Rs.45cr for reconstruction and expansions of facilities to normalise the services in Leh .
  6. 6. The entire landlines services will be restored within seven-eight days in the region.
  7. 7. BSNL tries to reach every nook and corner of villages to meet the need of local people.</li></li></ul><li>Jet Airways ts domestic operations also grew by 14.9 per cent reported a 21.8 per cent increase in its international operations in August. <br />Its domestic operations also grew by 14.9 per cent .<br />Jet Airways and its budget arm, Jetlite, garnered an imposing 27 per cent of the total market share in the domestic airline segment.<br />Jet's international operations up 21.8% in August<br />
  8. 8. Loans to pinch more as RBI hikes key rates<br />Loans for corporate & individuals set to be costlier.<br />RBI increases Repo Rate(lending rate) BY 25 bps to 6% & Reverse Repo Rate (borrowing rate) by 50 bps to 5%.<br />This narrowing of difference between these two policy rates is expected to bring stability in call money market.<br />
  9. 9. Thanks<br />

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