Market Roundup

COMPANIES

• TCS gets $140mn deal from Banco Pichincha
• TCS reports net at Rs950.52 crore
• Mahindra Intl plans Rs2,000-crore unit in Pune
• Bharti-Wal-Mart deal in accordance with FDI norms: Government
• Tatas plans to separate tele tower business
• US PE firms buy Vertex for $426 million
• LG registers Rs8250 crore turnover in 06
• HCL Tech Q3 net up 58 per cent

• Cooking gas, kerosene subsidies to stay
• ECS approves award of 52 oil, gas blocks
• Non-tariff barriers will improve Indo-Russian trade
• Nashik emerging as big IT destination

• Government to buy RBI stake in SBI on June 30
• Centurion Bank eyes more acquisitions
• South India Bank Q3 net profit up 20 per cent

• Institutions may be allowed to short-sell in capital markets
• Fortis Healthcare raises Rs56 crore from UK firms
• Nestle to pay Rs86.32 crore to shareholders
• Actis asked to hike Phoenix price by 25 per cent

• China gets record FDI at $63 billion in 2006
• Hutchison launches mobile services in Vietnam
• GE to acquire Smiths unit

• Samsung reshuffles top brass