Market Roundup

• Holcim increases equity stake in Gujarat Ambuja Cements to 18.4 pc
• Jet gets approval to operate US flights
• Sterlite to foray into power sector
• Tata Sky files appeal against Sun Group
• Sanmar group acquires Egyptian co for Rs900-cr
• M&M may acquire German co
• Sangam (India) to hike capex by Rs167-cr
• Advinus collaborates with Merck for drug development
• GSPC finds oil
• Teledata gets Rs300 crore order from MP govt

• US Senate passes Nuke Bill with a 85-12 margin
• Cabinet approves investment pact with China
• Top freighter firms coming to India
• Sharp cut in subsidies on anvil in 11th Plan
• Tax rejig expected for gems sector
  

• Rupee gains
• CitiFinancial, GE Money on fund-raising drive
• RBI relaxes conditions in when-issued trading

• Stock exchanges to have 51 pc public holding
• Coromandel Fert gets shareholders' nod for equity issue
• Sterlite to raise $2 billion through ADS issue
• Reliance funds top in performance
• Heidelberg Cement close to buying 20 pc stake in Gujarat Sidhee

• Reader's Digest sold for $1.6bn
• BoJ keeps rates unchanged
• Oct consumer prices fall: US

• Suzlon chief gets Ernst & Young award
• WNS names Arjun Singh new CEO for BFSI unit
• Rohit Modi quits as CEO of TN Road Development Company