Market Roundup

• Tata Sky aims to hike subscriber base
• Samsung eyes business expansion in Sri Lanka
• Ranbaxy gets regulatory approvals for Terapia
• Hutchison likely to sellout to Orascom in other emerging markets
• FDI cleared for Sun TV's DTH
• McDonald's to adopt franchise models in North India
• ONGC challenges DGH's non acceptance of gas find
• Jindal Saw gets order worth $355 million
• House of Pearl buys UK warehouse facility for £2.4 million
• Reliance, BPCL may buy Cairn crude
• Govt clears $500 million Salim Group investment
• Corus hikes steel prices
• Govt invited bids for Maruti stake
• Govt invites bids, to raise Rs2700 crore

• Govt expects $10 billion FDI from fab units
• No nationwide searches by IT dept, says govt
• Govt to phase out central sales tax
• India, US, EU should be flexible in trade talks: WTO

• Rupee declines against dollar
  

• JM Financial, Morgan Stanley to separate
• Kotak AMC in tie-up with US-based T. Rowe Price
• PFC to list on BSE, NSE today
• MindTree fixes IPO price at Rs425/share
• Morgan Stanley hikes stake in Venus Remedies
• Karuturi Networks board considers bonus issue
• HTIL shareholders to get special dividend
• FII holding in Max India to go up to 49 pc

• Microsoft to pay Alcatel-Lucent $1.52 billion in patent suit damages
• Siemens acquisition of UGS gets U.S. antitrust approval