Market Roundup

COMPANIES

• HLL mulls merger of Modern Foods with itself
• ONGC-Cairn Energy drop plans for Rajasthan refinery
• GSPL and RIL sign up for gas pipeline project
• Philips Semiconductors launches India chapter
• Suzlon in 105 MW deal with US company
• REL plans 1,000-MW coal-based project in Jharkhand
• Aditya Birla Group signs up for viscose staple fibre JV in China
• Mustard oil manufacturer KS Oils targets Rs1,000-cr turnover
• Visakhapatnam Steel plant sales up in Aug.

• China, India set to sign 12 pacts later in the year - envoy
• Oman keen on FTA with India
• Infrastructure sector records 9pc growth in July
• Fin Min: Status quo on participatory notes to be manitained

• Rupee at 2-month high
• LIC launches `New Bima Gold'
• New legislation on actuaries
• Maharashtra Govt. joins fray for United Western Bank
• CBP to raise funds through preferential allotment

• Spice Telecom plans IPO by year-end
• SBI MF to launch debt fund - SDFS-180
• Kalpataru Power raises Rs347-cr
• Principal Global to launch Opportunites Fund for emerging markets
• Apollo Tyres opts for Rs365-cr preferential issue

• Ford chief says company in trouble in N. America
• Bulgaria, Greece and Russia agree on pipeline

• Usha Narayan is new SEBI executive director
• Daniel Dias is new director of IBM's research lab