Market Roundup

• Zee Tele's Siticable to be hived-off
  
• NTC leases out 30 mills to pvt sector
  
• Berger revamps premium products range
  
• GHCL hikes soda ash price by Rs400 per tonne
  
• Maruti sales up 12.1 per cent in September
  
• Zydus Cadila obtains US FDA's provisional approval for anti-infective drug
  
• Welspun-Gujarat receives Rs500-crore order from Indonesia
  
• Radico Khaitan to buy Brihan's IMFL brands
  
• GAIL's assets increase 20 per cent after Dabhol assets transfer
  
• Reliance Infocomm adds 106 customer care centres
  
• SC notice to BSNL on Tata Teleservices' appeal
  
• GEM India acquires stake in Sula Vineyards
  
• SAIL to scale up investments in seven years
  
• Paradip Phosphate to begin production in Nov
  
• CB Richard Ellis expands Indian operations
  
• Simplex gets Rs260-crore project from NHAI
  
• Phillips Carbon Black looks at options of raising funds for power plant
  
• Glenmark to sign deals for diabetic drugs with global firms
  
• Car sales buoyant in September
  
• US air tickets likely to see a cut
  
• Same Deutz to invest $10 million
  

GENERAL

• Average pay rise to be higher in 2006; India on top of list
  
• Domestic air fares to rise by 10 per cent
  
• Public expenditure on healthcare down
  
• CII rejects reservation in pvt sector

• Banks expect rate hike of 0.5-1 per cent
  
• ICICI Bank hikes NRE deposit rates
  
• SBT revises FCNR, NRE term deposit rates
  
• Canara Bank expects 18 per cent growth in FY-06
  
• PNB upbeat on business prospects in Punjab
  
• UCO Bank opens representative office in Malaysia

MARKETS

• Cholamandalam drops pref offer to DBS
  
• Two wheelers notch up record sales in lean Sept
  
• Air Deccan signs on merchant bankers for its IPO
  
• Exim Bank to turn equity investor
  
• Templeton plans new fund for smaller companies
  
• HSBC MF plans Incredible India fund
  
• Polar Pharma suspension notice withdrawn
  
• Gujarat Apollo riding on order hopes
  
• Solvay Pharma's decline arrested
  
• Empire Industries up
  
• IFC acquires 9 per cent stake in AP Paper Mills

INTERNATIONAL

• Exxon now most valuable firm

PEOPLE

• Jagjit Singh Kohli is new CEO for Siticable
  
• ONGC appoints two new directors
  
• Top level reshuffle at Polaris
  
• Mukesh Rohtagi is CMD EIL
  
• Subramaniam appointed director, Chennai airport