Weekly Roundup

COMPANIES

• IBM India to set up virtual business centre in India
• KPIT Cummins enters South Africa
• Modi-Revlon to start producing fragrances
• Tatas, Valeo in talks to acquire stake in Visteon
• Infosys to set up new campus in Kerala
• Exporters look at euro denominated trade
• Wipro to open three centres in US university towns
• Ashok Leyland goes to SC over bus order

• DoT to make major changes in licence regulations
• New violence at Tata's site in Singur
  

• US co invests Rs164 cr in SMC Group
• Brokers committee to value CSE
• Citigroup PE arm buys 85 pc stake in Sharekhan

• Pension funds to be managed by PSUs only
• RBI widens priority sector lending scope
• Govt tightens rules for overseas borrowing for firms
• SBI targets one lakh unbanked villages

• China to invest $3bn in Blackstone
• Outgoing British PM may head the World Bank

• Corus merger panel to be headed by Tata