Market Roundup

• Taj Hotels to acquire Ritz Carlton in Boston
• Raymond enters into JV with Italian firm Grotto
• Harrisons Malayalam to sell-off rubber estate for Rs53 crore
• Simplex Infra obtains contract from Delhi Metro
• Granules India to raise $20 million
• Samsung India to manufacture TVs in Chennai
• Penna Industries sets up 1mn tonne cement unit in UAE
• India's Essar to begin refining crude oil from Nov 14
• Zee, ESPN-Star in joint bid for ICC TV rights
• Nimbus gets Bangladesh cricket marketing deal
• IOC issues tender to buy sweet crude for December
• Shaw Wallace to provide Rs5,000 crore worth securities for McDowell
• Air Deccan 2007 summer reservations from November 12
• Singer India offers once off amount in loan settlement

• Government to discuss affirmative action: not to force quotas
• EU-India war of words begins
• Inflation down to 5.09 per cents
• Industrial output rises by 11.4 per cent in September
• Capital goods production down in Sept
  

• Indian state banks sell rupees
• SBI Cards second largest credit cards company after ICICI Bank credit cards
• India, Pak likely to ease banking, visa regulations

• Oil prices fall in Asian trade to under $61/ barrell
• Classic Diamonds to raise $100 million
• Gold, silver prices soar
• Assam Company to raise $50 million
• Enkei Castalloy plans stock split
• MCX to present revival plan of CSE by December

• Russia's accession to WTO expected
• China to put restrictions on FDI in shipbuilding

• Indian appointed MD of aviation firm in Canada