Market Roundup

• Tata Motors Q3 net up 46 pc
• Indo Rama declares 23 per cent interim dividend
• ADAG board finds deviations in gas pact, non-compete clause
• Panacea Biotec to issue US$100mn FCCBs
• Marico sets up innovation awards
• Trademark issue: Honda Motors sues TVS Motor
• KPMG sets up branch in Pune
• Godrej Sara Lee to set up new unit in Jammu
• Cipla receives marketing approval on generic version of Tamiflu
• Kinetic ties up with Taiwanese scooter manufacturer
• ONGC signs agreement with Malaysian co.
• BHEL gets order for captive power plant
  

GENERAL

• New SEZ rules come into effect
• Railways target high-end tourists with designer coaches
• SemIndia identifies Hyderabad as manufacturing location

• NPAs: NBFCs seek tax sops similar to financial institutions, banks
• IBA to submit report on multiple BPLR this month
• Insurance broking business sees shakeout

MARKETS

• Fidelity picks up stake in Suven Life
• Coal India seeks approval for IPO
• R Trade in tie up with UTI Bank

INTERNATIONAL

• 30-year US Treasury bonds return amidst strong demand
• Insurer AIG apologizes for fraud — agrees to a US$1.6bn settlement
• Tesco to enter U.S. through convenience stores
• Renault's Ghosn opts for eco-friendly growth