Market Roundup

GENERAL

• No major pact to be signed on US trip, PM informs the Left
• Dabhol power plant to get its shareholder pact soon
• India and Iran to meet to discuss pricing of gas
• Inflation rate falls to 4.09 per cent

• Rupee moves up - securities rise
• RBI steps down on bad loan sale amongst banks
• Exim Bank to raise Rs.8,000 crore
• BSNL takes group life cover for Rs.4,770 crore
• ICICI Bank opens two overseas branches
• BoB pays Rs.62 crore as dividend to Govt.
• Banking Results: Allahabad Bank
  

MARKETS

• Tomonoga new Dy. MD at Toyota Kirloskar
• Seagate country manager

• U.S. Committee on Foreign Investment studying CNOOC offer
• British Gas to shed jobs - administrative work may move to India
• EU approves Procter & Gamble's purchase of Gillette