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Iraqi captors of Turk give 72 hour ultimatum

DUBAI, Sep 13 (Reuters) A Iraqi militant group holding a Turkish man hostage said in a statement posted on the Internet today it would kill him within 72 hours unless Ankara forces his company to shut down its operations in Iraq.

The little known Brigades of the Lions of Righteousness had kidnapped the man, named as Yildirim Tek, on July 27.

REUTERS PB BS1631

CEAT launches 'gen next' truck tyre

Chennai, Sep 13 (UNI) CEAT, one of India's leading tyre manufacturing companies, today launched "Mile XL" touted to be the next generation truck tyre for the Indian roads. After an extensive study and analysis of demand for high speed and cooler running tyres, the company designed this "tallest" truck tyre to give better mileage to truck owners, CEAT General Manager, Marketing, Rajiv Jain told newsmen here. The tyre was test launched two years ago......

An audacious display; sensex up by 233 pts

Mumbai, Sept 13: The Bombay Stock Exchange Sensitive Index (Sensex) gained 233 points to register a plus two per cent close at 11,893.79, as buying intensified in the Power, Refinery and Auto sector on the back of lowest crude prices in the past five and half months, and the decision by RBI to amalgamate United Western Bank with IDBI.Even as the metal sector tracking weakness on the London Metals Exchange prevented a plus 11,900 close, this is the highest close.....

Call rates flat at 6.00-6.10 pc level, bonds high

Mumbai, Sep 13 (UNI) Call rates traded flat at 6.00-6.10 per cent, amidst moderate demand and sufficient liquidity. The Reserve Bank of India (RBI) in the call money market on September 12 transacted Rs 16,822.05 crore at the weighted average of 6.11 per cent. In the first Liquidity adjustment, the central bank transacted Rs 18,090 crore through 16 bids at the rate of 6.00 per cent. RBI did not inject any money through the repo auction......
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