Market Roundup

• Hero Honda launches bike, scooter
  
• Radico to set up grain-based distillery unit
  
• GIPCL's plans Rs 275cr IPO
  
• GAIL to begin LPG marketing from April 2006
  
• LML cuts prices of Prima, Beamer
  
• Jet Airways hikes fares by 10 per cent
  
• Intel developing 'community PC'
  
• British India Corp to be rehabilitated
  
• Government considers hiving off ONGC Videsh into separate entity
  
• TN signs agreement with Flextronics for Sriperumbudur facility
  
• M&M to set Rs 1,100-cr SEZ in Jaipur
  
• GM cancels bid for Daewoo's assets
  

GENERAL

• McKinsey's 8-point reform agenda for India
  
• Centre to extend more autonomy to ports
  
• LPG imports to rise by 200,000 tonnes
  
• Hike in DA for government employees
  
• Gold consumption expected to rise
  
• India to relax visa rules for medical tourists
  
• Jharkhand to implement VAT from January
  
• State cuts tax on DTH services
  
• Maran threatens to break overseas call cartel
  
• Ailments can reduce Indian GDP by $236 billion

• Rupee firmes up
  
• US wants insurance FDI cap raised to over 50%, tariff curbs removed
  
• ICICI Bank to double private banking business

MARKETS

• HDFC expects to maintain 30 per cent lending growth
  
• HDFC to list its BPO Intelenet
  
• Max New York Life to launch IPO in two-three years
  
• RBI rejects all bids in Rs 6,000-crore auction
  
• Mutual funds corner Rs 2,885-crore equity

INTERNATIONAL

• European Central Bank keeps rates on hold
  
• China opts for stability over growth

PEOPLE

• Karan Johar to join Adlab's board
  
• Kishore Chhabria to acquire HRB distillery plant