Market Roundup

COMPANIES

• Air Deccan reports Rs340cr loss
• Jet allowed to withdraw Rs1,500cr from escrow account
• MSPL plans Rs1,500cr spend for wind energy
• Kumar Birla looks at retail foray
• Nokia to increase hiring in India
• OIL set to acquire 25 pc stake in HPCL's Bathinda refinery
• Bharti looks at acquiring more global telecom licenses

• Exports growth at 20.5 pc in August
• Inflation down to 4.61 per cent
• Arunachal to develop 15,000 Mw of hydel power
• Colas to be sold again in Kerala
• Centre mulls allowing foreign investors in real estate sector
• Govt to open 100 food testing labs
  

• IRDA wants LIC to withdraw its guarantees
• Banks cut loan rates as festival season approaches
• Rupee weakens a bit
• BoB in talks with Nippon Insurance for JV

• Lotus MF to launch new schemes
• SEBI eases entry/exit norms for F&O contracts
• SEBI suspends brokerage houses
• Accel Frontline to float IPO
• Everest Kanto to issue 19 lakh shares

• Patricia Dunn resigns as HP chairwoman
• Amaranth not to shut shop

• Piyush Pandey elected to Ogilvy Worldwide board
• Santanu Paul to head Virtusa global operations