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Highlights
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Market Roundup
COMPANIES
Tata Power offloads stake in Alaknanda Hydro Power
Essel Propack to invest Rs.25 crore for capacity expansion in US
Motorola to assemble handsets in India by December
GAIL, HPCL to jointly bid for oil assets
Infotech CoE to design Airbus platform
Tisco logistics JV mulling IPO for expansion of activities
Oil companies may get a tax waiver bounty
Bharat Forge looks at acquisitions in China
Nagarjuna Construction mentioned under 'best under a billion' Forbes list
Grasim Ind. looks for buyers for Graviera brand
HPCL wants stake in Shell's LNG terminal
Suguna Poultry selects IBM to implement Oracle applications
Aurobindo obtains USFDA approval for Amoxicillin
Siemens receives Rs.1,000 crore export order from Qatar
Biocon enters into licensing agreement with Bentley Pharma
Anil Ambani's DTH proposal gets I&B approval
Acer launches Rs.20,999 PC
Xiotech to expand in India
infoUSA to expand operations in India
Madura Garments to invest Rs.170 crore for expanding retail network
Hindustan Zinc Q2 net rises 35 per cent to Rs.196 crore
GENERAL
Russia, India look at arms contracts worth US$10bn
India requests China for Tamiflu raw material
FM: Banking cash transaction tax a success
Gold zooms to a new high
Exports cross US$51bn in seven months
PC market grew 32 per cent in Q3: IDC
BANKING AND FINANCE
Rupee lower; bonds down
FM favours PSU banks consolidation
Banks reducing home loan exposures
SBI Life ties up with Dewan Housing
SBI targets Rs.200-500 crore from IMD redemption
GTB defaulters come to the negotiating table
Union Bank gets approval for public issue
MARKETS
Citigroup upbeat on India story
Bharat Gears to issue rights shares in 3:10 ratio
Indo Pacific gives 1:1 bonus
Shanthi Gears raises funds through FCCBs
INTERNATIONAL
Google Base to broaden search results
APEC nations urge flexibility for trade deal
Nokia to pay US$430mn for Blackberry rival
China unloading copper on the markets
PEOPLE
C.B. Nair is MTNL(Mumbai) ED
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domain - B : Indian business : News Review : 17 November 2005 : index