Market Roundup

COMPANIES

• Shell sets up bitumen plant in WB
• Vodafone values Hutch between $17-18 billion
• NTPC plans 500 MW plant in Sri Lanka
• Lenovo opens India innovation centre
• TCS Ignite to train 300 first-gen graduates
• Yahoo starts research lab in Bangalore
• Rel Comm to invest $1.5 billion in Flag
• Arvind to bring in more global brands into India
• Bajaj Hindusthan net profit up 36 per cent
• Lanco Infratech to set up power plant in Jharkhand
• Big Bazaar enters Chennai

• Cement prices likely to rise on increasing demand
• Hyderabad to finally get an IIT
• FM to meet agriculturists, economists for pre-Budget discussions
• Centre may levy SC upliftment tax on India Inc
• Special purpose tea fund to be set up

• Rupee gains to touch 10-month high
• Religare signs life insurance JV with Dutch company
• Irda comes down on discounts on general insurance

• Rajesh Exports to increase share capital
• Ess Dee Aluminium lists at Rs265 on NSE
• XL Telecom lists at 18 pc premium
• Surana Ind lists on NSE
• Sundaram BNP to launch two schemes

• ABN Amro slashes 900 jobs in North America
• Apple Computer's fluctuate on probe worries

• Travel Corpn reconstitutes board
• AV Birla retail units to be headed by expats
• Coke's Eurasia division to be headed by Bozer