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Highlights
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Market Roundup
COMPANIES
GMR submits Rs.500-cr bank guarantee for airport deal
Phillips Carbon suffers loss in two straight quarters: shelves plan for power project
Ginni Filaments forays into FMCG segment
Gokaldas sales rise 53 percent post removal of quotas
ADAG sends legal notices to Mukesh group co.'s
Ranbaxy in JV with S. African firm
Satyam, Bharti Tele to set up projects in Kolkata
Alstom gets export order worth US$28.6mn from Oman
Tata AutoComp, GS Yuasa form joint venture
Vimta Labs to raise Rs.125-cr
Praj gets contract to set up distillery for Shri Renuka Sugars
GEECL in pact with IBM Global Services
Mastek signs strategic partnership deal with Euriware
MTNL-STPI to form JV
Phoenix Software to set up 'green' IT park in Kolkata
Reliance Info ordered to pay Rs 40-cr to BSNL
RIL leaves gas pricing to government
MTNL calls for global tender
GENERAL
India, Russia trade expected to rise to US$10bn by 2010
Japan trade organisation wants tax breaks to invest in India
AP likely to grab 15 pc of software export market
FDI inflows expected to cross $7 b in FY-06
Qatar Airways to fly to Nagpur
BANKING AND FINANCE
Rupee falls marginally
UCO Bank looks at ways of floating hybrid instruments
PNB launches signature debit cards: no plans of hiking interest rates
Corporation Bank to open offshore offices
Follow-on public issue from Union Bank of India to open on Feb.15
IRDA for changes in insurance Act
CUB registers 26 pc higher Q3 net
Budget expectations; FDI in insurance likely to be hiked to 49 pc
MARKETS
Fidelity buys 9 per cent in MCX for $49 million
IVRCL plans stock split in 1:5 ratio
ACC allots 2.41 lakh shares
Maharashtra Seamless plans stock split in 1:2 ratio
SEBI keeps mum on Ambani brothers' spat
INTERNATIONAL
Project Genesis: the world's largest passenger ship from Royal Caribbean
Time Warner to sell book division for US$537.5mn
Nippon Steel may back Arcelor
Toshiba buys out Westinghouse Electric
PEOPLE
Ashish Sinha, North America chief for Polaris quits
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domain - B : Indian business : News Review : 7 February 2006 : index