Market Roundup

COMPANIES

• Reliance gets two oil blocks in Yemen
• Maruti launches Zen Estilo, starting at Rs3.19-lakh
• L&T, Tata Power apply for defence supplier status
• Era Constructions gets project from NHAI
• Eicher Motors vehicle sales increase 38 pc in November
• Hexaware's acquisition of FocusFrame complete
• VSNL to provide international call facilities to Yahoo's voice services
• Motorola unveils Motorokr E6; plans India launch next year
• Coal India considers deal with BHP Billiton
• Air Sahara offers 90 pc discount
• Tatas looking to acquire 26 pc stake in Nagarjuna refinery
• Ispat announces Rs80-bn investment to expand capacity

• Govt's mulls 74 pc FDI in small airlines
• Govt advises airlines to stop imposing traffic congestion surcharge
• Two pc of global population owns 50 pc of wealth: study
• India, Romania look to achieve $1bn bilateral trade by 2008

• Rupee firms up
• Lakshmi Vilas ties up with Western Union
• YES Bank partners with UNEP-FI
• Canara Bank gets approval to set up new branches
• Canbank Mutual to launch 5-yr close-ended equity fund
• PNB offers Internet-based remittance service
• SBI plans $300mn FRN

• SEBI bars 14 entities from market
• Vishal Retail plans Rs110-cr IPO
• Surana Ind to raise foreign holding to 95 pc
• Jubilant Organosys allots shares on FCCB conversion
• Fortis Healthcare raises Rs148-cr through pre-IPO placement
• IDRs to be introduced by 2007
• Pyramid Saimira plans IPO to raise Rs84.4-cr
• Mauritius investment firm hikes stake in Micro Tech
• ICAI issue code for valuation of financial instruments
• Power Finance Corp's IPO to be out by March

• Tesco to open 300 new stores in overseas operations
• Yahoo announces revamp

• Shibu Soren gets life imprisonment
• Pavan Dhamija to head Stanchart consumer finance biz
• Sandip Das of Hutch joins Maxis as CEO