Market Roundup

• Thermax receives order to set up captive power plant
• Toyo Engineering bags Rs1,660 crore PTA plant project
• Symphony expands into new 3,500 seater campus
• Chatterjee Group, WB government differences over Haldia Petro continue
• Gujarat Ambuja transport union on strike
• Hotel Leela Ventures enter into pact with Kempinski Hotels
• BSNL's One India may be launched on Friday
• Indoco Remedies plans Rs.42-cr acquisition in Germany
• Century Textiles to expand cement business in WB
  

GENERAL

• Kolkata, Chennai airport revamp may be through SPVs
• Maran expects FDI in IT, telecom to increase in 2006
• Indirect tax collection up 16.2 pc till Jan
• India signs double tax avoidance treaty with Serbia
• Deora: India to proceed with Iran pipeline project
• Steel firms react at move to regulate prices
• Govt. to give universities a new lease of life

• Rupee declines
• ICICI Bank to hike home loan rates by 50 bps
• BoB to set up subsidiary for credit card business
• SIB's FPO price band set at Rs.60-66 per share
• India Infoline arm gets merchant banking licence
• LIC hikes housing loans by 50 bps
• LIC HFL invests Rs.50-cr to Kotak realty fund
• Federal Bank to hike FII investment to 49 pc

MARKETS

• Reliance-ADAG demerged companies to list between Feb.13-March 10
• Income from derivatives not to be viewed as speculative
• GVK IPO likely to raise Rs.250-cr
• HDFC Life reports 150 per cent rise in premium income

INTERNATIONAL

• Icahn's bid to split Time Warner draws lukewarm response
• News Corp. triples Q2 profit
• Pfizer mulling sale of consumer division
• Nortel to settle shareholder suit through cash and shares

PEOPLE

• A.A. Khan promoted as ONGC executive director
• Coca-Cola reshuffles senior management for Asia and Pacific region