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Highlights
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Market Roundup
COMPANIES
RIL transfers control of four demerged companies to Anil Ambani
Google opens sales, marketing offices in Delhi, Mumbai
L&T gets Rs.144-cr order in West Asia
Companies likely to adopt new accounting norms from April
IOC expected to finalise merchant bankers for sale of ONGC, GAIL stake
Shell to set up technology centre in Bangalore
Siemens to acquire 50 pc stake in Flender
Sona Koyo plans to invest Rs.400-cr to increase capacity
Renuka Sugars' standalone refining facility to come up at Haldia
Volvo to expand luxury bus market share
Ashok Leyland records 20 per cent jump in sales in Jan
ONGC identifies oil fields for re-development
Dr. Reddy's to hike borrowing, investment limits
SkodaAuto to make India hub for south-east Asia
GENERAL
CSO pegs growth at 8.1 pc
Finance ministry not in favour of health cess
Nasscom gets Booz Allen to study global engg. services market
BANKING AND FINANCE
Rupee firms up
BoM increases coupon rate on Tier-II bonds
IOB ups NRE deposit rates
IOB board fixes meet on Bharat Overseas buyout
Allied Digital gets US$1mn contract from ICICI Bank
MARKETS
Motilal Oswal to sell 20 per cent stake to strategic investor
Quantum AMC to launch its first scheme in India
JP Morgan plans MF business in India
Indian Oil to retire debt partially through ONGC, Sail stake sale
INTERNATIONAL
WTO overrules EU's ban on genetically modified crops
Luxembourg to introduce law to repel Mittal's bid on Arcelor
BP announces record profits of US$19.3bn
Coca-Cola profits down 28 per cent
PEOPLE
T.C. Nair takes charge as whole time member at SEBI
K. Vijayan to head JP Morgan's MF business in India
Pawan Kumar to head Scandent Solutions IT strategic business unit
Virtusa inducts marketing head
Deba Ghoshal, product marketing head at LG Electronics, quits
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domain - B : Indian business : News Review : 8 February 2006 : index