Market Roundup

COMPANIES

• Hutchison offers $415 million to Essar as `sign-on bonus'
• Maruti cars become more expensive
• GAIL, Reliance sign cooperation pact
• Battery operated Yo bikes launched
• L&T consortium gets order worth Rs1,400 crore for VSP expansion
• Areva's revised bid for REpower 33.3 pc higher than Suzlon's
• RIL to divest stake in overseas oil and gas arm
• Small car project to be ready by mid 2008: Kant
• Cement companies file highest tax collection numbers

• VAT States record 23.41 pc rise in tax revenues in April-Jan
• Government to make tax filing Saral again
• DA hike cleared by Cabinet for central govt employees

• Rupee gains slightly
• ICICI Bank mulls selling entire stake in NCDEX
• Bajaj Allianz signs bancassurance agreement with LVB

• SEBI suspends 121 brokers with immediate effect

• Cadbury breaks-up business in two parts
• Cisco to acquire WebEx

• Intel's R K Amar Babu joins Idea Cellular