Market Roundup

• Trai cuts roaming tariffs by 56 pc
• Tata Steel acquires 100 pc in 2 NatSteel group cos
• Nicholas Piramal sets up inhalation anesthetics plant
• GAIL identifies 28 cities for gas projects
• Reliance Retail opens 12 stores in Chennai
• MUL launches Diesel Swift priced at Rs4.68 lakh
• Avestha Gengraine raises € 25mn from strategic partners

• Railways to spend Rs5,000 crore on IT operations in 11th Plan
• WSEB bifurcation gets cabinet approval
• Deeper reforms needed in India to sustain growth: IMF
• WB approves loan package for Tamil Nadu
• Crude oil output up 10.6 pc in Dec
• Duty slashed on edible oil

• Rupee ends marginally lower
• BoI exits MF biz, certificate cancelled
• Bank of Baroda registers 63-pc rise in Q3 net
• Mahindra Finance posts 50 pc rise in Q3 net
• Centurion Bank reports 44 pc rise in net
• HDFC Q3 net up 25 pc

• Afcons Infra to float IPO
• Firstsource IPO to open on Jan 29
• Bharti will allow Vodafone to sell its stake in open market
• MF investors soon to get relief on MIN

• Siemens to acquire UGS Corp
• eBay Q4 net up 24 pc
• China to overtake US in netizen numbers

• Accenture CEO to come to India