USA ECONOMIC DATA

ADP Employment Change (Aug) -33K VS -30K

Continuing Jobless Claims (Aug 23) 3435K VS 3425

Initial Jobless Claims (Aug 30) 444K VS 430K

Nonfarm Productivity (2Q) 4.3% VS 3.0%

Unit Labor Costs (2Q) -0.5% VS 0.6%

ISM Non-Manufacturing (Aug) 50.6  VS 49.5

US JOBS DATA

U.S. weekly initial jobless claims up 15,000 to 444,000

U.S. 4-week avg. jobless claims down 3,250 to 438,000

U.S. continuing jobless claims up 6,000 to 3.44 mln

U.S. continuing claims highest since Nov. 2003

U.S. Q2 productivity revised up to 4.3% vs 2.2% prev. est.

U.S Q2 unit labor costs revised to down 0.5% vs up 1.3% prev

UK & EU ECONOMIC DATA ON SEP_03

European Monetary Union Purchasing Manager Index Services (Aug)  48.5 VS 48.2

UK Purchasing Manager Index Services (Aug)  49.2 VS 47.0

EU Gross Domestic Product s.a. (QoQ) (2Q) -0.2% VS -0.2%

EU Gross Domestic Product s.a. (YoY) (2Q) 1.4% VS 1.5%

EU Retail Sales (MoM) (Jul) -0.4% VS -0.1%

EU Retail Sales (YoY) (Jul)  -2.8% VS -2.1%

UK BRC Shop Price Index (YoY) (Aug) 3.8% VS 3.3%

USA ECONOMIC DATA ON SEP_03

MBA Mortgage Applications (Aug 29) 7.5%  VS N/A

Factory Orders (Jul) 1.3%    VS 0.7%

The Indian unit of Japan`s Honda Motor Company expects to launch the company`s first small car in the December quarter of 2009

GSS America Infotech said that its board has approved raising up to USD 75 million, which will be used to fund acquisitions.

Shares of G A I L (India) are trading at Rs 418.95, up Rs 13.4, or 3.30% at the BSE on Thursday at (12:24 p.m) on the news that the company has approved a bonus share in the ratio of one additional share for two shares held.

Sonata, the watch brand from Titan Industries, has announced their foray into plastic watch segment by rolling out the super fiber watches aimed at youth segment,

Tata Motors, on September 03, unveiled the electric versions of passenger car `Indica` and commercial vehicle `Ace`, in Norway.

The wholesale price index Inflation decreased marginally by 0.48% to 12.34% for the week ended Aug. 23, 2008 as compared with 12.40% in the previous week 

Dr Reddy`s forays into aesthetic dermatology segment

Skoda to launch new models in next five years

Tata Power Company, India`s largest integrated private power company, today announced its decision to acquire a 10% stake in Geodynamics, Australia.

rivate insurance-provider Max India has stepped into an agreement with the UK-based British United Provident Fund (Bupa) to set up a standalone health insurance company

The board of directors of Mobile Tele  Communications at its meeting held on Sep. 04, 2008, has approved the sub-division in the face value of the equity shares from Rs 10 each to Re 1 each.

Bharat Petroleum Corporation (BPCL) involved in the business of refining, storing, marketing and distributing petroleum products has awarded an order worth Rs 1,03 billion to Pune-based Fabtech Projects and Engineers,

Mphasis, an EDS company, announced expansion of its India operations with a new centre in Hyderabad on Tuesday,