Market Roundup

• Govt may go for arbitration against Sterlite on Balco stake
• Govt to divest Maruti stake completely
• Pepsi ad upsets Tea Board
• Satyam plans to expand operations
• Airtel in tie up with Microsoft
• GE Shipping subsidiary to buy two vessels
• Punj Lloyd gets Rs1,348-cr order
• Spentex buys Uzbek company: raises Rs46.6-cr
• Radico enters into 50:50 JV with Diageo
• Coke may meet CSE
• Kerala ban on Coke & Pepsi not vacated
• Premium SMS charges to be lowered

• Speed Post heats up courier space
• Octroi abolition proposed in Maharashtra
• SEZ board talks tough on land acquisition
• Flour gets dearer
• 'Next generation legal reforms needed to boost growth': Mukesh Ambani
• OBC quota gets Cabinet approval

• Rupee range bound
• SPIC may get overseas funds to restructure debt
• IDBI Bank hit with Rs5-lakh fine for violating KYC norms
• Union Bank to recover Rs350-cr by September

• OIL to pay 80 pc total dividend
• GMR Infra lists at Rs215
• CanBalance, CanExpo declare dividends
• JP Morgan Asset Management raises funds worth $360mn

• AOL chief technology officer resigns
• 98 pc of workers of Escondida Union reject BHP Offer

• Are HFCL's Nahata, Maloo parting?
• Jet Airways signs up Shah Rukh Khan as director