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Highlights
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Market Roundup
COMPANIES
Govt. rejects RIL gas pricing formula for RNRL
Sasken acquires Finnish firm for $45 million
Indian, Air Deccan claim No 2 position in marketshare
EDS to merge Indian business with MphasiS
Sun Pharma Q1 consolidated net up 30 per cent
Bharti Q1 net up 77 pc
Bharti, RCL vie for Sri Lanka mobile licence
Unity Infra bags Rs50-cr order from MEA
Crompton Greaves acquires companies in Hungary
RIL says its losing money on petrol, diesel
SRL Ranbaxy makes plans for expansion
Bayer CropScience to integrate seed and crop protection units
Tata Tele (Maharashtra) reports Q1 net loss of Rs113-cr
M&M Q1 net up 40.55 pc at Rs204-cr
Bharti to launch life insurance biz in August
BOC plans Rs4-bn investment in K'taka plant
GENERAL
Higher interest rates, oil prices may slow India's economic growth: World Bank
SEZ exports grow by 30 per cent
Government approves 12 infrastructure projects under PPP
BANKING AND FINANCE
Rupee marginally higher against dollar
RBI may control payment and settlement systems
LIC new premium grows by 217-pc in Q1
FIIs, NRIs, PIOs can invest in equity of ICICI Bank
Canara Bank to foray into insurance with foreign partner
Vijaya Bank raises Rs250-cr via bonds
MARKETS
Morgan Stanley looks at $1bn investment in Indian realty
Tech Mahindra sets price band for its IPO
Daiwa Securities SMBC commences operations in India
ONGC announces bonus issue
SEBI rejects acquisition in Agarwal Holdings
Consumer group asks Sebi to postpone GMR IPO
INTERNATIONAL
Mittal Steel claims 92 pc of shares of Arcelor
GM posts larger-than-expected operating profit
China's H1 auto output, sales exceed 3.5 million
PEOPLE
Two Indians figure among world's top 25 consultants
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domain - B : Indian business : News Review : 27 July 2006 : index