Weekly Roundup

• Telecom firms upset over new spectrum policy
• Essar to infuse Rs.1,500-cr fresh equity
• Hyundai to set up R&D centre in Hyderabad
• SAIL registers record sales in 2005-06
• MindTree registers $102mn in revenue
• Reliance offers 10-year free incoming calls plan
• Senior Ambani showcases RPL to bankers, investors
• Ruchi Soya to invest Rs.2000-cr in retail operations
• Delphi considers shifting to low cost regions
• LG introduces colour handsets
• Visesh Info to raise Rs.65-cr.
• Adhunik Metaliks raises rates by Rs.3,500/tonne

GENERAL

• IIM-A to increase fees by 12 per cent
• Housing shortage seen in Chennai
• ISB setting up centres of excellence
• AP CM lays foundation stone for bio-diesel plant
• Semiconductor units likely to get more tax sops

• Fortis plans Rs.1000-cr IPO