Market Roundup

COMPANIES

• Bajaj Auto splits into three separate cos
• Bajaj Auto Q4 net down 4 pc
• Idea enters into $500 mn network expansion deal with Nokia
• Tata Steel registers Rs4,000 cr net in FY07

• Govt to continue to fight inflation
• OBC reservation issue goes to larger bench
• Tea output down in March; exports up
• MoD says it cannot vacate spectrum before two years
• Government hikes MSPs of oilseeds, paddy, pulses
  

• Allianz can raise stake in Bajaj ventures
• Usha Martin to split stock
• AMP Capital to launch $500 mn infrastructure fund
• Bhagwati Banquets lists at 15.86 pc premium
• Major changes to be made in capital structure of CSE
• Suzlon to raise $300 mn overseas

• Rupee declines against dollar
• LIC shortlists five banks for credit card venture
• HDFC Bank mulls IPO to raise Rs4,200 cr
• Barclays begins retail operations: to open branches in non-metros
• Banks tie up to offer fund transfer through ATMs

• WB president Wolfowitz resigns
• GE to finalise sale of plastics business soon

• Jim Leng appointed deputy chairman on Tata Steel board