Market Roundup

COMPANIES

• Reliance, Niko find oil in KG basin
• Nalco plans to set up smelter overseas
• Maruti, M&M, Hyundai most trusted cos
• Glenmark receives 25 m euro from Merck
• Audi to produce cars in India from next year
• Binani Industries directed to close down Kerala zinc unit
• Venus gets certification from Columbia for Baddi facility
• Tata Motors to manufacture pick-up trucks in Thailand
• Lanco, Tata Power to build ultra mega power projects
• Essar Shipping plans to acquire oil drilling rigs for Rs 1800 cr
• JSW may set up alumina plant in Vizianagaram
• CESC in agreement with BHEL for 250 MW plant
• Ashok Leyland in technology tie up with Australian co

• Net direct tax collections soar
• New norms for FDI on security concerns
• Cabinet nod to sugar exports

• Rupee marginally down
• Allahabad Bank launches reverse mortgage product
• Customers can now tender cheques at counters
• Shinsei Bank forms AMC

• UTI Mutual Fund offers close-ended ELSS scheme
• Pyramid Saimira subscribed 15.4 times
• Cambridge Tech to float IPO
• LT Overseas debuts ends in red
• IVRCL raises Rs 555 cr thru QIP route
• Sebi amends GETF custodian rule

• Delphi gets help from five investors
• Undersea cables to link China and US directly
• Oracle earnings rise less than expected

• Lalu absolved in assets case
• Kindler named chairman of Pfizer Inc