Market Roundup

• FM asks industry to hold price line
• Steel, cement companies hike prices
• Budget leads to mix of price announcements by car companies
• Hutch-Essar may head towards the courts
• GM India Feb sales rise 81 per cent
• Hyundai domestic sales up 74 per cent in Feb
• Fortis opens drug stores
• Oil retailers incurring Rs100 crore loss per day
• Airtel cuts Blackberry rental to Rs249 per month
• Bajaj Auto to spend Rs300 crore on retail plans
• TVS Motor two-wheeler sales rise 10 per cent
• Himatsingka picks up 70 per cent equity stake in Italian firm

• FM makes life tougher for tax evaders
• Inflation comes down to 6.05 per cent
• Ban on futures trading cools prices
• Edible oil industry unhappy with duty removal
• Goa submits Rs300 crore proposal to NHPC
• Exports grow 5 per cent, imports up 23 per cent in Jan

• Rupee flat
• Indian Bank debuts at 15 per cent premium Rs105
• RBI offers leeway on CRR
• Union Bank ties up with Department of Post
  

• Reliance Capital buys 11.93 per cent in TV Today
• Pritish Nandy defers preferential issue
• Oil India IPO by October
• Birla to hike stake in Hindalco
• PAN to replace MIN today

• EU not to sign free trade pact with Pakistan
• EU may impose new fines against Microsoft
• Ford restructuring cost estimated at $11.18 billion
• Nooyi to step down from the board of Motorola

• Sardana appointed executive director at Tata Power
• Catholic Syrian Bank chairman resigns