Market Roundup

COMPANIES

• UB to invest Rs400 crore for expanding capacity
• UB to launch Kingfisher wines in India
• Air Sahara's market share marginally increases
• ONGC to pay $425 mn for Columbian oil firm
• North Block mulls selloff in Hind Zinc
• Bajaj Electricals gets orders from NTPC, BHEL
• Eicher Motors ties up with e-Logistics
• Glenmark gets tentative USFDA approval for generic Ondansetron
• Mcleod Russel to acquire tea companies
• India to ramp up operations in India
• Praj acquires US engineering firm for Rs22.5 crore
• JL Morison launches baby product portfolio
• Gujarat Gas signs gas sales contract with BG Exploration
• Strike at HMSI Manesar plant
• NTPC to increase power generation capacity three times
• MRPL to raise Rs5,200 crore debt for refinery expansion
• PVR to enter tier II, III cities; to invest Rs200 crore
• Wockhardt puts Dumex's dairy unit

• Real estate rates double in one year in Mumbai
• SC issues notices to income tax department in Morgan BPO case
• Nath promises a liberalised regime for gems and jewellery
• 37mn internet users in India in September
• Demat closures increase as PAN deadline looms closer
  

• Goldman Sachs to invest $1 bn in India
• Rupee gains
• CSB to launch VISA money transfer
• Holding limit reached in Andhra Bank
• HDFC Bank enters corporate loan and syndication business

• Rama Newsprint to be re-listed on September 20
• Azim Premji picks 2 lakh shares in Birla Corp
• HDFC Mutual waives off entry, exit loads for FIIs

• Toshiba also recalls Sony batteries
• Yahoo says results would be at low end of forecast

• Top level resignations at Group M
• Air Deccan CRO quits