Market Roundup

GENERAL

• Govt. allows FII investment in media
• Fuel price hike deferred yet again
• Govt. to go ahead with BHEL disinvestment
• CII's CEO delegation heads for UK
• Cabinet approves development of Oceansat-2 mission
  

• Rupee ends higher - bond prices fall
• DBS Bank to pick up 37.5 pc stake in Chola Investment
• SBI Life Insurance reversionary bonus
• Jindal Saw ECBs raise $40 mn

MARKETS

• Kodak to close production of black & white photographic paper
• EU and China settle textile dispute