Weekly Roundup

COMPANIES

• ONGC finds large reserves of gas in Bay of Bengal
• Mittal signs MoU with Orissa for 12-mt steel plant this week
• Reliance Life to foray into pharma with Rs900-crore capex
• Tata Motors to set up two new plants
• Bhel to acquire two domestic companies
• NXP Semiconductors in alliance with SRV Telecom
• Carrefour, Landmark plans break down
• Wal-Mart interested in TCS retail tech
• Wipro plans centre in Jaipur SEZ
• Star India looks for more sponsors for KBC 3

• Karnataka lifts ban on colas
• CII wants excise duty cut by 2 per cent: pre-budget
• Railways eyes budget outlay of Rs50,000 crore

• Cairn India fixes IPO price at Rs160 / share
• SEBI may make grading mandatory for IPOs
• Sensex, BSE logo to be patented by BSE
• MIC to raise Rs100 crore through IPO
• De Shaw to acquire 18 per cent in Amar Ujala for Rs117 crore

• The Time magazine 'Person of the Year' is You
• Mike Treschow to join Unilever as chairman

PEOPLE