Weekly Roundup

COMPANIES

• FLAG Telecom in talks with Lanka Bell for under-sea cable
• MRPL argues for change in subsidy-sharing method
• ONGC restarts Hazira units
• IndiGo to fly on Hyderabad- Chennai route
• Pushpanjali Construction unveils Rs1,200-cr investment plans
• Vaptech to invest $2mn in India operations

• CII study: Growth rate in India may dip to 8 per cent
• NCAER wants agri markets regulated

• ICICI Pru valued at Rs8,000-12,000-cr
• RBI's tech excellence award for the South Indian Bank
• ICICI Bank board to consider takeover of United Western Bank

• FIIs make a comeback in August
• UTI MF back at the top as largest MF in the country

• Asian countries seek bigger voice in IMF

• Mark Heraghty, Bhaskar Thyagarajan join FLAG