Market Roundup

COMPANIES

• VSNL slashes bandwidth rates
• HM gets WB government nod to sell surplus land
• Glenmark to ship epilepsy drug
• Goodyear India plans expansion
• Bosch India to add 1,000 employees each year
• Kinetic Comm enters into joint venture with Italian co
• Ericsson gets Rs4,500-cr order from Bharti Airtel
• Punj Lloyd enters into JV with German firm Kaefer

• Gulam Nabi Azad to address European Parliament
• IT ministry wants Telecom Commission's approval for Rs980-cr network
• India to resume FTA talks with ASEAN
• Tobacco, alcohol firms can release surrogate ads
• IITs to up student intake by 54 pc, post quotas
• Government mulling amendment of textile labour laws

• Rupee flat
• Barclays looks for acquisitions
• S&P assigns BBB rating to Tata Steel's $750-m loan facility
• Prudential Life introduces new products aimed at elderly
• IRDA to monitor solvency of general insurance cos on quarterly basis
• Cabinet approves lower RBI stake in SBI
• Car insurance could turn cheaper from January
• PNB to raise Rs1,000-cr
• UCO Bank to focus small enterprises, retail banking

• Priyadarshini Spng. to pay 10 per cent dividend
• Teledata Informatics allots shares
• FIIs allowed to acquire up to 49 pc stake in UTI Bank
• Tech Mahindra shares to be listed on BSE, NSE
• Kopran Pharma to issue 2.26 lakh shares to SBI

• Apple recalls 1.1 million Sony laptop batteries
• IMF urges China to tighten up

• Change of guard at Bosch India