Market Roundup

COMPANIES

• FM's request for price cut turned down by cement companies
• Advanta India looks for acquisitions
• RIL signs agreement with Rohm & Haas for chemical plant
• Pfizer India's Q1 net rises to Rs28.27 crore
• BT may offer low-powered GSM in India
• JD Power says Rs1 lakh car, a global case study
• Mastek goes on hiring drive
• Mega-land sale for VSNL proposed

• Cabinet approves 74 pc FDI in telecom
• Government expects huge investment in semiconductor sector
• India warns Pak against pulling out of pipeline
• ESC sign agreement with Hanover IT
• Maharashtra's debt burden estimated at Rs1,32,969 crore
• Maharashtra removes stamp duty on outside commodity deals
• China suspends iron ore imports from India

• Rupee declines against dollar
• ASK to buy out Raymond James' stake in joint venture

• Fidelity acquires 5 pc stake in Ess Dee Aluminium
• House of Pearl allots shares to JM Morgan Stanley
• Flex Industries raises $85 million through FCCBs
• Great Offshore board declares 80 pc interim dividend
• Sebi allows short-selling by institutions
• IPOs to be graded
• Indiabulls acquires 1.18 pc stake in IPCL
• McKinsey arm acquires stake in Fortis Healthcare

• YouTube gets competition
• Pfizer loses Norvasc patent case

• Warburg Pincus appoints Leo Puri as MD
• Rahul Kirloskar is Maharashtra CII Chief
• Sudheer Kuppam appointed MD of Intel Capital