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Highlights
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Market Roundup
COMPANIES
GE targeting eight-fold growth in India: Immelt
Cairn gets management nod for field development plans
L&T & Toyo win IOCL's naphtha cracker plant
Vizag Steel to generate 12 MW of renewable energy
Samsung targets sale of one lakh flat panel TVs in '06
BBC World to become a pay channel from June 15
Hughes to roll out 1,000 broadband kiosks this year
NIIT & Sun Microsystems join hands
Blue Dart introduces first Boeing 757s in India
Corporate results: DLF Universal, Rajesh Exports Ltd , Ipca Laboratories Ltd, Tata Chemicals, Hero Honda, Bombay Dyeing & Manufacturing Company Ltd
GENERAL
Shinde raps States on power generation and losses
India-US formulate action plan for stepping up bilateral trade
Agreement on 20 pc bonus for port and dock workers
Oil PSU officers defer strike as Delhi HC issues notice to ONGC and Centre
BANKING AND FINANCE
Rupee at new six-month low
Gold, silver move up
SBI set to buy two banks overseas
SBI in strategic partnership with CARE India
RBI fines Bank of Baroda
Corporation Bank launches CorpBullet
Bank of India announces audited FY 06 results
MARKETS
FIIs sellers in F&O to the tune of Rs.412-cr
BoB, SBI and Pantaloon Retail fetch premiums in FII trades
$2.5bn foreign funds outflow in last eight trading sessions
INTERNATIONAL
Wall Street slides; Indian ADRs go along with it
Morning trades: Asian markets reel in Wall Street tailwind
Goldman Sachs chief, Henry Paulson Jr., to replace John Snow at the US Treasury
EU court bars giving passenger data to U.S.
PEOPLE
Cabinet secretary, BK Chaturvedi's tenure extended
Sahara MF chief, Rajiv Shastri, resigns
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domain - B : Indian business : News Review : 31 May 2006 : index