Market Roundup

GENERAL

• India and Turkey to set up JWG for the hydrocarbon sector
• Kapil Sibal: `Country to receive near-normal rainfall'
• Sonia and Left leaders discuss BHEL divestment issue
• Govt. to announce special credit plan for SMEs this month
• CSO revises GDP growth to 6.9 per cent for 2004-05
• Inflation falls to 4.1 per cent on lower textile prices
  

• Rupee gains - securities weaken
• Forex reserves: Investments account for 41 per cent of gains
• HSBC and Tata-AIG tie up for life and personal plans
• ICICI Bank launches online PPF scheme
• PNB opens office in Dubai
• SBI launches trade finance, other schemes
  

MARKETS

• A.K.Shukla takes over as LIC Chairman
• Jim McNerney takes over at Boeing
• Ms Daruwalla is CMD, Central Bank of India
• Gautam Doshi appointed as Group President for ADA Enterprises
• Karwal out as Electrolux CEO
• Punja on Syndicate Bank board
• Bhat is new GM at Corporation Bank

• U.S. to keep control of Internet DNS