Market Roundup

COMPANIES

• IBM India opens fourth centre in Kolkata
• Lanco Global Systems to hike capital
• ONGC-Sinopec to buy Columbian oil firm
• L&T to expand Ahmednagar plant
• Ipca in marketing pact with Ranbaxy's US arm
• Subhiksha to expand operations across five States by 2007
• Bharti to start operations in Guernsey
• Lupin to set up JV subsidiary in Australia
• Jindal plans Rs14,000-cr investment in WB

• Government plans 1 lakh rural computer kiosks
• Railways may sell tickets through Net cafes, ATMs
• Orissa makes investments in power infrastructure
• Govt specifies norms for infrastructure in SEZs
• Crude output rises 12 per cent to 2.69mn tonne
• 1.1mn millionaires in India by 2009: Amex
• 'US may get hit by recesssion in '07'
• Electronic payment of service tax mandatory
• Chidambaram sells India story to Korean investors
  

• Citigroup to set up extensive retail brokerage network in India
• Rupee strengthens
• UTI Bank selects Pyxis software
• Bajaj Allianz Life lays out expansion strategy
• NTPC takes 300mn loan from ADB
• Cabinet gives ex-post facto nod for change in banking Bill
• LIC to raise solvency margin by Rs7,000 crore
• Fresh foreign fund buying halted in Centurion Bank

• Motilal Oswal offers 1-paise broking on derivatives
• SEBI announces select stocks out of TT segment
• FIIs allowed to buy HPCL's shares under portfolio scheme
• Govt considers opening FDI in stock exchanges
• Jindal to hike stake in JSW Steel

• Branson joins anti global warming brigade
• No outcome yet from GM, Nissan talks
• Oil starts picking up

• Dr Penumalli promoted as MD Analog Devices India
• Ravi Gopinath appointed CEO, Geometric Soft