1. Weekly News

2. HP to buy Arcsight for $1.5b HP the world biggest PC maker agreed to buy Arcsight for $1.5b gain security software. Arcsight investor will receive $45.50 share. Arcsight acquisition will help HP serve the data center market and for growth strategy. Arcsight also specialized in programs for compliance of computer system.

4. Analysts said market will scale new heights in coming days.

6. The entire landlines services will be restored within seven-eight days in the region.

8. Loans to pinch more as RBI hikes key rates Loans for corporate & individuals set to be costlier. RBI increases Repo Rate(lending rate) BY 25 bps to 6% & Reverse Repo Rate (borrowing rate) by 50 bps to 5%. This narrowing of difference between these two policy rates is expected to bring stability in call money market.

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