Market Roundup

• Government may give more autonomy to PSEs
• M&M wins bid for Punjab Tractors
• RPG Group to invest Rs2,500 crore on retail expansion
• HTIL says deal is FDI-compliant
• Fiat cars to be available only at Tata-Fiat dealerships
• VW to assemble engines at Chakan near Pune
• Tata Tele to expand with Rs3,500-cr investment
• Tata Steel arm to acquire rolling mills in Vietnam
• Teledata Informatics bags order worth Rs73.6 crore from Bihar Govt
• IOC to set up a 15mn tonne refinery in TN
• WNS acquires Marketics for $65 million
• McDonald's India enters Eastern region with outlet in Kolkata
• GSM subscriber base expands to over 115 million
• Caparo to set up Rs300 crore facility in TN
• SC dismisses Cadbury plea for transfer of 'Fruity' trademark case

• Karnik says tax regime may slowdown IT sector
• Govt ready to correct SEZ policy: PM
• FIEO against imposition of MAT

• Rupee gains
• ICICI Bank says retail credit growth slowing down
• ING Vysya Bank to raise Rs100 crore
• Karnataka Bank implements Oracle application for asset management

MARKETS

• European Central Bank raises interest rates
• Gates wants no limits on H-1B visas
• Carrefour net up 58 pc on extraordinary income