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Highlights
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Market Roundup
COMPANIES
ADC cut: BSNL appeals to TDSAT
34 Indian firms on
Forbes
' list
M&M launches Scorpio in Morocco
Actis, Argon pick up 20 pc stake in Phoenix Lamps
ADP to spin off brokerage div into publicly listed company
Jet, Sahara to fly on Gulf routes next year
Salim`s Bengal projects may be split into two
VSNL may demerge telecom business
TCS set to revamp quarterly results
NIC, Bajaj Allianz offers $289 million insurance cover to Punj Llyod
Reliance to build two new gas pipelines
GENERAL
TN bandh may affect industrial production: CII
India-EU dispute over wine, spirits escalates
India tea exports up 23.3 pc in January
WB industrialization to continue despite Nandigram
BANKING AND FINANCE
Rupee gains
RBI hikes CRR by 50bps, repo by 25bps
Services receipts reduce current a/c gap
Forex reserves rise $1.789 billion
FDI limit in credit info cos reduced to 49 pc
MARKETS
MRO-TEK board approves buyback
Advanta IPO oversubscribed four times
Warburg Pincus' arms ups stake in Moser Baer
ICICI Bank, HDFC Bank ADRs fall 5 pc
INTERNATIONAL
GM, Ford's sales slow down further
Recent data eases fears of US economic slow-down
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domain - B : Indian busines : News Review : 31 March 2007 : index