Market Roundup

COMPANIES

• Motorola manufacturing unit to be operational in Q12007
• Cambridge University Press acquires Foundation Books
• DLF picks up 19 per cent stake in consulting firm Feedback Ventures
• Ruias to resolve Haldia land issue in next three months
• Suzlon's international business arm bags first order in S America
• NHPC secures LoCs worth Rs9,000-cr from LIC
• Singapore Tourism signs pact with Zak Trade Fairs
• Air Deccan signs $100 million deal with European banks
• Crest Animation to divest stake to Mauritius based investment company

• ICRA report: Faltering Kenyan supplies to help India pick up market share
• FM: Rise in inflation not to put pressure on rates
• Centre to set up SEZ for renewable energy device manufacturers
  

• Rupee appreciates sharply
• S&P rates Exim Bank's ¥20bn Samurai bond issue at 'BB+'
• Govt clears IPOs for two PSU banks
• UTI Bank Q2 net up 30 pc at Rs142-cr
• Foreign company to pick up minority stake in Canara Bank AMC
• J&K Bank Q2 net up 53 pc at Rs84-cr

• Tata Tele to issue rights shares in 19:100 ratio
• Maharashtra Seamless makes share allotment upon FCCB conversion
• Indian Hotels de-lists from MSE

• Russia seeks observer status at the ADB
• US circulates new draft resolution on North Korea at the UN

• Prasad R Menon is new MD, Tata Power
• Homi Khusrokhan is new MD, Tata Chemicals