Market Roundup

COMPANIES

• Wipro Q3 net profit rises 41 per cent, revenues up 45 per cent
• Wipro to hire 14,000 freshers
• Orascom says it has first right of refusal for Hutch
• Mittal on the prowl for acquisitions in oil and gas
• M&M hikes prices of Bolero, Scorpio
• JB Chemicals plans SEZ in Gujarat
• Star group to take 20-per cent stake in Music Broadcast
• Wipro to set up new switches unit in Uttaranchal
• NIIT Tech Q3 net rises 92 per cent
• Infotech Enterprises Q3 net up at Rs20 crore
• Virgin Mobile may enter Indian in tie up with Tatas
• Ramsarup to raise $50 million
• VSNL eyes Rs2000-crore SEZ in Delhi

• SEZ approvals to be put on hold: Kamal Nath
• CBDT hikes direct tax collection target by 12 per cent
• NCAER revises GDP forecast to 8.44 per cent
• CAS to be extended to more cities

• Rupee gains
• IDBI increases deposit rates
• SLR ordinance may receive president's approval by month-end
• Government may legislate to regulate MFIs
• PNB Housing in pact with IFFCO-Tokio

• Cambridge Technology issue oversubscribed
• SQL Star to raise $20 million
• Kotak MF launches new debt scheme
• IFCI to sell holding in ICRA
• BSE ties up with Reuters
• SEBI removes ban on 3 broking houses

• Apple profits surge 78 per cent
• JP Morgan reports upbeat earnings
• Boeing beats Airbus in aircraft orders in 2006
• Microsoft, Nortel to launch new products

• TSI Ventures appoints Kok Huat Goh as interim CEO
• Samsung names HB Lee as new chief for SW Asia