Market Roundup

COMPANIES

• Reliance finds gas in two blocks
• Indian Airlines to acquire wide-bodied aircraft
• UB acquires Whyte & Mackay
• Motherson Sumi acquires Australian company
• Italian brand Diesel comes to India
• Infosys BPO to begin operations in Manila in Q2
• Bharti Airtel enters Sri Lanka; plans $150 million investment

• PM to roll out mega farm funding plan
• Air connectivity to Malaysia comes under a cloud
• Senators contend H-1B visa misuse

• Nimbus considers floating Rs300 crore IPO
• GVK completes $300 million in QIP
• Aviva Life launches product with guaranteed returns
• Franklin in tie-up with Central Bank of India
• Asahi Songwon IPO subscribed 1.85 times

• Rupee declines by 9 paise
• HDFC to acquire Chubb's stake in insurance JV
• State Bank associates are set free by Lok Sabha
• Irda sets conditions for ULIP policy holders
• Banks to issue monthly bank statements for free
• RIL to raise $2 billion via 10-year loan
• Legatum Global acquires majority stake in Share Microfin

• US isolated on Paul Wolfowitz
• US inflation seen easing

• HLL reshuffles management committee
• Dr Charat Ram is no more
• Stefan Groening appointed director at Geojit BNP
• Vinayak Purohit appointed executive director at Thomas Cook