Market Roundup

COMPANIES

• Cisco chooses Chennai to set up manufacturing hub
• Rs8-cr a day lost on fuel price cut: IOC
• Panacea acquires UK vaccine maker
• DCM Shriram to set up Greenfield plants
• Granules India ties up with Dutch co PharmaMatch
• Toyota to hike prices
• Maruti to enter South Africa, Europe
• IOC not keen on Cairn pipeline
• Orissa issues invitation to Tatas for car unit
• Reliance offers free calls
• TCS enters into services deal with United Biscuits
• Thums Up is No one, Sprite replaces Coke at No 2
• ONGC awards contract to NPCC
• Accor to run hotels for HCC
• Toshiba makes entry plans into Indian mobile market
• L&T gets large order from China
• Tatas' Singur plant to roll out 250,000 cars

• Gujarat to get most of RIL gas
• Govt direct tax revenues rise 40 pc

• Rupee weakens
• EPF trustees expected to take decision on interest rate
• Moser Baer may receive investment from IFC
• Govt to support United Bank capital rejig
• Maruti to promote scheme for NRIs through bank tie-ups
• Transporters to pay more for insurance

• FMC bans portfolio services in commodities
• Idea hopes to raise Rs2,500-cr from IPO
• SEBI puts restraining order on PCS Technologies
• Varun Shipping collects Rs169-cr
• Mutual funds asset base increases 10 per cent in November
• Holcim looks at majority stake in Guj Ambuja
• Ess Dee, XL Telecom IPOs get decent response
• Fidelity to acquire 12-14 per cent stake in Avesthagen

• Arcelor Mittal to sell German plant
• Yahoo reorganizes into three groups

• Navjot Sidhu sentenced to 3-years in jail