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Highlights
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Market Roundup
COMPANIES
Wipro Q1 net zooms 45 pc
Infotech Q1 net rises 106 pc
S.K Birla Group to sell majority stake in Mysore Cement to Heidelberg
Maruti revamps Wagon R; will hike prices by month-end
Madhucon signs pact with NHAI for TN road project
Ashok Leyland to acquire truck unit of Czech co
Britannia to expand manufacturing capacity
Biocon gets approval for cancer drug
OVL signs MoU with PetroEcuador
Bayer to market Biocon's insulin in China
Essar Oil appeals to franchisees to reopen outlets
Motorola, Tata Tele sign pact to market Motorazr V3c
Reliance Comm slashes ILD rates by upto 66 pc
HFCL cuts long distance tariffs in Punjab by 75 pc
Wal-Mart may appoint DLF as its franchisee
GENERAL
CII favours gradual entry of FDI in retail
BANKING AND FINANCE
Rupee declines to three year low
HSBC to be part of CASHNET
StanChart launches new credit card with 5 pc cash-back offer
YES Bank ties up with Reuters
MARKETS
SBI Caps to manage 19 IPOs
SBI Capital Markets to launch venture funds
ChrysCapital acquires 10 pc stake in Titagarh Wagons
GMR Infrastructure IPO price band fixed in Rs210-250 range
FIs allowed short-selling; FIIs to wait for legal sanctions
Petronet LNG plans to raise $500mn through debenture issue
INTERNATIONAL
Slower growth to ease inflation pressures: Fed chairman
Amnesty International charges US companies of net censorship
PEOPLE
Ashish Guha appointed country head, Mysore Cements
ONGC's vacant top post gets record applications
Swati Piramal gets French government
award
Sameer Nagarajan appointed VP, Astra Zeneca
Nageshwara Rao appointed head of IDBI's insurance venture
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domain - B : Indian business : News Review : 20 July 2006 : index