Market Roundup

• Globeleq not to sell Sasan Power Project
• Wipro may soon announce acquisition
• Mahindra offers to pick up 42-per cent stake in Punjab Tractors
• M&M launches bio-diesel Scorpio, Bolero
• United Spirits offers $475 million to acquire Whyte & Mackay
• Zenotech in tie-up with Ranbaxy for EU market
• Boeing to set up MRO, training centre in India: to invest $185 million

• Economy slated to grow by 9.2 per cent in 2006-07
• Indian Railways income up 15.43 per cent
• Government again looks at PSU divestment

• Rupee remains unchanged
• IDBI sells property for Rs175 crore in Chennai

• New equity fund from Reliance MF
• Escorts Mutual to launch Gold ETF
• ING Vysya MF searches for amateur investors
• NSE revises F&O contract size
• Raj TV IPO to open on 14 February
• SGX leads in race for BSE stake
• Ruia makes open offers for Dunlop, Falcon
• Cambridge Technology debuts at premium
• Indus Fila IPO band at Rs170-185
• PFC IPO price set at Rs85
• Akruti Nirman debuts at 34.16 per cent premium on NSE

• UK retailer Tesco enters US
• Nortel Networks to slash jobs
• Cisco's profit, higher than expectations

• Emaar MGF makes new appointments