Market Roundup

COMPANIES

• Bharti Airtel forms strategic partnership with Google
• Uttam Galva in pact with Sumitomo group company
• Cairn to set up 500 km pipeline with ONGC
• PSL gets contract worth Rs308-cr from Bharat Oman
• ONGC gets first oil shipment from Sakhalin-I
• GMR ties up with Accor for business hotel in Hyderabad
• UAE energy firm to fund Indian projects
• IOC making losses in Sri Lanka

• IT Act may be amended
• Salaries in India rise the most in Asia-Pacific
• 'GSM operators acting against BSNL/MTNL'
• Hotel room shortage peaks
• PC mart grows 24 pc in Q3
• India GDP grows 9.2 pc in Q3, 2006-07
• WB bars protests against Tata Motors project
• Cattle biggest contributor to global warming: UN

• Rupee declines
• Reserve Bank revises NBFC norms
• Interest rate hike expected by bankers
• Vijaya Bank plans acquisition, alliances
• L&T acquires 9.99 pc stake in City Union Bank

• Shareholders okay LMW stock split
• Parsvnath Developers debuts at Rs540 on BSE
• New income plan from UTI Mutual
• Dr Reddy's to raise funds through ADS issue
• Paramount Communications raises $27 million through FCCBs
• Financial Tech to set up commodity exchange in Mauritius
• LN Mittal, Farallon Cap acquire stake in Indiabulls Infra
• SEBI installs new surveillance software in bourses
• ADS sale brings Infosys executives big bucks

• Kerkorian cuts more stake in GM
• Delta Airlines intends to stay as standalone carrier

• Arun Balakrishnan selected to be HPCL CMD
• Nandan Nilekani is Forbes Businessman of the year