Market Roundup

COMPANIES

• Novartis India Q4 net up at Rs23.90 crore
• UTV Group to launch eight new channels by March 2008
• Strides Arcolab opens facility in Brazil
• German firm Klockner to open facility in India: to make India R&D hub

• Inflation down to 5.66 per cent
• Mayawati's BSP to assume power in UP
• China scores over India for Americans investors
• Manufacturing surges by 12.90 per cent in March

• MRO-TEK announces buyback at Rs55 / share
• SEBI to ask bourses to put circuit filters on day one for small IPOs
• Binani Cements IPO oversubscribed 1.32 times
• Principal PNB sets Rs1.50 a unit dividend in equity fund

• HDFC lists on NYSE

• China pledges not to sell dollar denominated assets
• Now a US probe against Chinese textile exporters
• Prabhat Goyal, ex-CFO McAfee found guilty of securities fraud

• Boeing appoints Vivek Lall as VP business development in India