Market Roundup

• Gujarat Ambuja net up 284 pc
• Reliance Comm to invest $2.5bn in expansion plans
• DuPont to set up knowledge centre in Hyderabad
• NTPC-Railways joint venture gets nod
• Aurobindo drug gets FDA approval
• Wyeth sued over Zosyn patent

• TRAI reduces port charges; tariffs expected to drop from April 1
• Inflation rises above 6 pc on costlier manufactured, food items
• Government proposes changes in FDI regime in March
• BMC polls: Sena-BJP win

• Rupee at yearly high
• Forex reserves up $924 million
• Indiabulls Fin Q3 net rises 143 pc

• Reliance Mutual replaces UTI as largest fund house
• Fidelity Mutual applies for global use of feeder funds
• C&C Constructions plans IPO with a price band of Rs270-291
• IPOs - Firstsource/Transwarranty Finance
• I&FS Investment plans private equity fund of $1 billion
• Gujarat Gas board considers stock-split

• Investor lawsuit filed against Dell
• Novell may not be allowed to sell new versions of Linux
• Viacom demands YouTube remove video clips

• Dr Choubey takes over as chairman, MD of GAIL
• N Srinath takes over as managing director of VSNL