Market Roundup

COMPANIES

• Hexaware acquires US co fompanyr Rs154 crore
• Volvo Bus to set up new JV in India
• Reliance Petro to open 500 outlets
• Flag Telecom to start BPO services
• P&G goes brand hunting
• Tata Motors acquires Nissan's S African plant
• Birlas make big plans for retail

• India tops in retail rental growth in Asia-Pacific: study
• Delhi traders call 24-hour bandh on Tuesday
• Prices of another 354 drugs may be cut
• LF wants petrol, diesel price cut
• Prospects of India-Sweden trade upbeat
  

• Rupee declines
• Banks asked to rebalance credit portfolio
• HDFC Bank parts with Chubb: ties-up with Bajaj Allianz
• MetLife ties up with UTI Bank
• SBI may raise more tier-II capital

• NSE to conduct security audit on brokerages
• Shyam Telecom relists, ends 127 pc higher
• UTI Intl to launch infra fund
• Parsvnath, Lanco IPOs get modest response

• $100-PC from Lenovo soon
• US profits rise 23 pc in Q3

• Lakshmi Mittal is now CEO of Arcelor Mittal