Market Roundup

COMPANIES

• ABB to double capacity at automation division
• Financial restructuring for Sakthi Sugars under CDR scheme
• Ballarpur Ind signs agreement with Maharashtra govt
• Wipro Infra acquires Swedish co Hydrauto
• Godrej Ind to develop SEZs on own land
• Nahar Industries to get into real estate biz; plans retail expansion
• Kinetic to launch Indo-Italian scooter models
• Claris to enter Philippines
• Satyam gets Rs135-cr order from Punjab & Sind Bank
• TCS Gujarat SEZ to be functional by 2008
• Air Deccan enters into $150mn MRO pact with Lufthansa
• SpiceJet registers Rs18-cr loss in June-Aug quarter
• L&T to invest $150mn in Middle East, China

• GDP grows to record 8.9 pc in Q1
• Govt to raise telecom FDI to 74 pc
• Current account deficit zooms
• AC rail travel to be cheaper in 'Garib Raths'
• Generic drugs to become cheaper
  

• Forex reserves rise by $940mn
• Rupee flat
• External debt rises

• SAT upholds SEBI's move on tariff rationalisation
• Essar group to delist Aegis from Nasdaq
• RBI not to clear realty venture funds

• Microsoft Zune to be launched by Nov
• BenQ Mobile GmbH faces insolvency

• Om Narayan takes charge as MD, Indraprastha Gas