Market Roundup

• Dubai Ports looks at India, Europe for growth
• Reliance to restart Jamnagar refinery next week
• Venus files second PCT for latest generation Cephalosporin
• Voltas to set up manufacturing units in Uttaranchal
• Jet Airways to start daily flight between Chennai-Singapore from Dec. 7
• New disaster predicting IT product from Micro Tech
• Satyam-Goldratt tie up for implementation of 'Viable Vision' program
• Virinchi gets US$1.25mn contract from US-based NBFC
• Max Telecom's stake sale in Hutchison Essar completed
• Star to pick up stake in Indian company for FM radio
• Sify to continue with stake in Refco JV
• Infosys, Microsoft tie up for concept centre
• De Beers to launch Forever Mark range in 2006
  

GENERAL

• Marketing policy for Indian retail sector under consideration
• Invest in infrastructure, Chidambaram asks Japanese firms
• Trai allows four per cent hike in cable prices

• Rupee bounces back
• Saudi bank selects Finacle
• Centurion Bank of Punjab registers Rs.21 crore net profit
• Exim bank loans US$10mn to Russian bank
• Nabard sanctions Rs.133 crore to Karnataka

MARKETS

• Chidambaram: Market movement orderly
• Dabur's Burmans pick up 11 per cent stake in Punjab Tractors
• ICICI Bank issue price band fixed at Rs.505-545
• CSE fixes Nov.28 as due date for demutualisation
• NSE introduces corporate governance course
• UB group plans Kingfisher Airlines' IPO in 2006
• Franklin Templeton largest institutional holder in Pricol
• Loss making Ramco plans rights issue
• Ramsarup to come out with an IPO for expansion
• Bharati Shipyard's FCCB raises US$85mn
• ACC to amalgamate Damodar Cement
• Aban Loyd to raise Rs.165 crore through debenture issue
• Eveready Ind. raises US$33mn from GDRs
• RS Software plans rights issue

INTERNATIONAL

• Mandelson serves up six-point plan to rescue trade talks
• P&O sells out to Dubai Ports for £3.3bn
• OECD sees U.S. economic growth as solid
• ICANN to release single-letter Internet names
• Gold above US$500 - first time in 18 years
• Broadband growth in Europe set to plateau

PEOPLE

• Bansal takes over as IOC Director
• Intel veteran Avtar Saini joins eInfochips board
• P.S. Prasad takes charge as CEO, Dhanalakshmi Bank