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Highlights
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Market Roundup
COMPANIES
Wockhardt acquires Farex, Protinex brands
BHEL gets two contracts in Afghanistan
Tata Industries picks up stake in Indigene Pharma
Apollo to go global
Wyeth launches new 7-in-1 vaccine
Infotech Enterprises to increase authorised capital
Radio frequency quota norms simplified
Infosys Q1 results on July 12
Hinduja group sells Hutch stake for Rs2,000-cr
Hinduja TMT Q4 net at Rs6.56 crore
Govt puts constraints on aircraft leasing
GENERAL
Internet usage through broadband up
Inflation up on costlier food, energy
World Bank lifts suspension on Mumbai urban project funding
BANKING AND FINANCE
Current account surplus of $1.8bn in Q4
Forex reserves decline by over $1bn
Rupee tracks global currencies
Thomas Cook to merge with LKP Forex in no-cash deal
SBI to decide on rate revision on July 25
Union Bank increases rates for retail traders
SBI offers e-ticketing facility
MARKETS
BPL allots equity shares
McNally Bharat Engg plans $10-m FCCB issue
Motilal Oswal plans $100-m pvt equity fund
R Trade kiosks to open at South Indian Bank branches
LT Overseas readies for IPO
INTERNATIONAL
World trade round in crisis; Pascal Lamy
PEOPLE
OP Bhatt is new SBI chairman
Independent directors join BEL
Aalok Wadhwa appointed MD, LexisNexis
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domain - B : Indian business : News Review : 1 July 2006 : index