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Market Roundup
COMPANIES
Dr. Reddys in pact with Merck
DoT to fine telecom co.'s for not fulfilling roll out conditions
Jubilant bags manufacturing contracts worth US$40mn
McLeod Russel acquires entire share capital of Doom Dooma
Dalmia Cement to raise up to Rs.700-cr for expansion plans
TCS merges three subsidiaries with itself
Ford India reports 124 pc increase in sales over Jan. last year
DLF Universal enters into JV with British firm
Hindalco hikes aluminium prices by Rs.6,000 per tonne
Mahavir Spinning to become Vardhman Textiles
Hero Honda Jan sales up 8 pc
Maruti Jan sales up 3.2 pc
Bajaj Auto reports 28 pc higher two-wheeler sales in Jan.
Fedders Lloyd plans merger of PSL Engineering with itself
Microsoft to go rural - to set up 50,000 IT kiosks
Govt. in favour of BSNL, MTNL merger
HCL Tech. in alliance with Synchron
Assam Company posts Rs.11.57-cr net
Pentamedia posts 8 pc rise in net profit
Gangotri Textiles to float IPO
Ashok Leyland receives Rs 2.3 bn order from army
GENERAL
PM says sixth pay commission likely
India may begin exporting zinc
Cabinet approves privatization of airports
Calicut airport gets international status
Mumbai Port, JNPT to share channel dredging cost
Centre's gross tax collection up 19 pc till Dec. 05
Cabinet postpones decision on OVL's exploration bid in Nigeria
NPPA revises drug prices
Assocham advises consensus to end confrontation on airport
BANKING AND FINANCE
Rupee falls
ICICI Bank changes NRE, FCNR deposit rates
DCB to float IPO - offers ''Free Style Savings Account''
Bank of Maharashtra signs pact with Western Union Money Transfer
IDBI hikes retail-lending rates by 25 bps
SBI undecided on hiking home loan rates
MARKETS
Birla Infrastructure Fund from Birla Sun Life
Mercator Lines to issue 32 lakh warrants
STCI acquires UTI Securities
Bhushan Steel nod for preferential issue
ONGC receives highest ever ratings from Moody's
JK paper to go for pref. issue to raise Rs.99.97
125 per cent dividend from Patni Comp.
INTERNATIONAL
India and EU join the steel wars warn France
Time Warner posts 20 per cent growth in Q4 profits
Research In Motion wins ruling on BlackBerry patent
GM to build hybrid transmissions for SUVs
PEOPLE
Nripendra Misra on short-list for TRAI chief post
RPG Retail VP Radhakrishnan quits - will head Dimexon venture
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domain - B : Indian business : News Review : 2 February 2006 : index