Market Roundup

COMPANIES

• HCL Tech gets five-year contract from Skandia worth $200mn
• Bangalore airport hotel bid won by Oberoi-L&T combine
• Gitanjali Gems acquires US co
• Marico acquires hair care brand in Egypt
• MRF to expand capacity with Rs600-cr investment
• Motorola offers India made mobile for Rs1,649
• Tech-Mahindra gets $1bn British Telecom deal
• Idea to start mobile operations in Mumbai
• KEC Intl gets orders worth Rs151-cr
• Torrent Power in power distribution pact
• Parsvnath wins bid for land in Delhi for Rs450-cr
• Dish TV poised to spark price war by halving DTH rates
• Dunlop goes to BIFR with rehab scheme

• Hike in interest rates will not impact growth: Rangarajan
• Kolhapur is the next IT destination: Deshmukh
• Cabinet decision on telecom FDI expected today
• US advises adopting sweeping reforms to India

• Rupee gains
• SBI offers gold debit card
• LIC gives bonus for 2005-06
• Overseas investment norms relaxed further
• Union Bank to pick up a stake in Bank of India's insurance venture
• India Infrastructure Company obtains sovereign guarantee to raise Rs5,000-cr

• 26 more stocks in F&O list
• Great Offshore to list today
• Scam-accused get notices by Sebi
• Garware Offshore to raise $25mn
• IPO listings
• Ruchira Papers
• Shree Ashtavinayak IPO subscribed 6 times
• Alpa Lab files draft prospectus with SEBI

• Arcelor Mittal acquires Mexican steel company
• NYSE shareholders support Euronext deal
• Airbus finally wins $2.7bn superjumbo order from Singapore Airlines

• Core sector fund panel to be headed by Deepak Parekh