Market Roundup

COMPANIES

• Tata Tea to raise stake in Glaceau to 40 pc
• India campus will be biggest non-European centre, says EADS
• Targeting 3000 plus, Flextronics to go on a hiring spree
• Michelin plans to enter two-wheeler tyre market
• Actis set to buy controlling stake in Nilgiris Dairy Farm
• Punj Lloyd bags IOC order
• Strides to acquire Singapore generics co
• Ford study for indigenisation of diesel engines
• DCW plans Rs525-cr capex
• Scorpio posts record sales
• Maruti sales up 16% in Aug
• Bajaj bike sales up 21pc in Aug
• Hero Honda sales down
• Ford India sales up 88pc
• Huawei Tech opens new facility

• Number of IT returns filed nearly doubles
• Telecom FDI guidelines may be relaxed
• Gold jewellery exports to touch Rs315bn by 2010

• Re flat
• Rupee may go for full float
• Forex reserves down $ 41mn
• United Bank plans IPO

• Motilal Oswal Sec allowed to open fresh demat accounts
• Rs1-cr fine on Top Cassettes
• Govt may sell 5 pc stake in MTNL

• IMF to take up quota issue

• Award for ONGC HR director
• Shobhana Bhartia chosen ABC chief
• Premji's wealth manager resigns to set up own outfit
• Sanjay Nayar, Citi CEO, joins US global management panel