Market Roundup

• Vodafone not to phase out Hutch brand for now
• Car sales cross one lakh units in January
• RSM merges with PwC
• Daewoo plant assets to be sold
• Hyundai India to export Getz
• GHCL acquires US textile company
• Toyota to set up small car plant near Bangalore
• GE Shipping to sell vessel
• PVR to tie-up with Red Bull
• Reliance Communications earmarks record capex of Rs11,000 crore
• Essar signs jt venture to set up steel plant in Vietnam

• IIP growth slows down to 11.4 per cent in December
• GCC see India as attractive destination for investment
• World Bank expert clears Baglihar
• Deora wants excise cut on crude oil to control inflation
• Indirect tax collections rise 22.4 per cent
• Government may set up Rs100 crore venture fund for small IT companies

• Rupee falls against dollar
• Indian signs contract with German bank
• Thomas Cook ties up with LKP Forex to offer money transfer
• Ministry compensates OMCs with Rs5,000 crore oil bonds
• World Bank offers loans to southern states for irrigation
  

• SMS Pharma IPO price set at Rs380 a share
• Ansal Properties board approves 1:1 bonus
• Oracle picks up 82.92 per cent shares in i-flex through open offer
• Vodafone offloads 5.6-per cent stake in Airtel to Bharti for $1.6 billion
• Raj TV to float IPO

• Thomas Cook to acquire MyTravel
• Oil slides as Opec defers cuts
• Yahoo to begin display advertising on mobile devices

• Asim Ghosh may stay with Vodafone
• A V Kamat is new HMT chief