Market Roundup

COMPANIES

• Jet comes back to profitability
• Pantaloon to enter into jt ventures with European cos
• JSW Steel to expand capacity to 31 mt
• ACC to boost cement capacity at Wadi unit
• ONGC to partner with Petrobras for exploration activities
• Satyam Q3 net falls
• Saryam to buy out investors in Nipuna
• i-flex reports 130 pc rise in Q3 net
• Taj to renovate, manage Rail Yatri Nivas
• Lupin, Aspen call off JV plan
• Foursoft acquires Danish company for $10mn
• Tata's Pak plant to assemble Tata Daewoo trucks

• Govt revises norms for airline operations
• India overtakes China in GM crops
• Inflation rises to 6.12 pc

• Rupee gains slightly
• Forex reserves rise $841mn
• IDFC Q3 net rises by 29 pc
• ING Vysya net soars 195 pc
• South Indian plans more branches

• PruICICI plans Gold ETF
• Morgan Stanley makes investment in Oberoi Constructions
• SEBI cancels BOI MF registration
• Akruti Nirman IPO subscribed 79 times
• Sebi says more caution required in IPO pricing

• Arcelor Mittal to sell off Polish steel unit
• Motorola to cut 3,500 jobs
• GE suffers from poor performance of GE Industrial

• Star TV sees spate of resignations
• Ashok Piramal group appoints Mahesh Gupta as MD
• Tesco appoints Amit Soni has head, financial services
• Preeti Malhotra is first women president at ICSI
• Ex-GTB chief, others chargesheeted by CBI