Market Roundup

• Tata Coffee to begin retail operations in Russia, CIS, Ukraine
• RPG mulls 13,000-cr expansion
• Nissan, M&M, Renault to set up Rs8000-cr facility in Chennai
• Anheuser Busch ties up with Crown Beers
• Bharti-Wal-Mart close to deal: Sunil
• Jaiprakash Hydro ties up with PowerGrid
• Hutch says Essar has no right of first refusal
• UK's Home Retail expands in India, Ireland

• Singur land acquisition appears illegal: Calcutta HC
• Inflation declines marginally to 6.63 pc
• Crude oil price moves above $60bl
• WB industrialisation drive postponed for 3 months
• Maharashtra to obtain 2,000 MW more power by Dec: Deshmukh

• Rupee weakens against dollar
• Reserve Bank to pay interest on CRR balances
• Forex reserves rise $3.8bn to $189bn
• BMW India, ICICI Bank enter retail finance deal
• Allianz Securities to restructure business
  

• Wockhardt Hospitals to come out with IPO
• AMD Metplast subscribed 5 times
• Raj TV IPO subscribed 2.96 times
• S&P to exit MF data business
• Nitco Tiles to raise up to Rs250-cr
• Pratibha Ind to raise up to Rs200-cr
• FMR, Fidelity up stake in Info Edge to 5.38 per cent
• Spice Comm files papers for IPO
• Power Finance Corp shares gain more than 30 pc on debut
• Deutsche mutual plans capital protection fund

PEOPLE

• Wal-Mart sees churn at top
• Quattrocchi detained in Argentina; may be extradited to India