Market Roundup

COMPANIES

• NIIT Tech Q4 net up 139 pc
• Volvo, Ford to tie up in India
• Alembic enters into licensing pact with Belgian co
• Bharti Airtel has more than 40 mn subscribers
• H&R Johnson acquires 50 pc stake in Sri Venkateswara Udyog
• Divi's Labs Q4 net up 4 times; announces stock split
• NDTV brings down Q4 loss to Rs17 lakh
• ICRA Q4 net rises 34 pc to Rs4.35 cr
• Buyers line up for Citi's BPO biz
• Merged airline to be named Air India: Patel

• NPPA strikes
• Better infrastructure required for growth in India: WTO
• Govt to increase expenditure on road development: PM
• Reduced power cuts in Maharashtra

• FIIs stopped from buying Tata Steel shares
• CSE shares to be subdivided
• Time Technoplast IPO subscribed 49.55 times

• Rupee remains unchanged
• Capgemini to set up financial services unit in Pune
• GoM not to list PSU non-life insurance companies
• PNB bottom line hit by 17 pc due to higher provisioning
• Temasek, Singapore govt investment arm can buy stake in ICICI Bank

• Lenovo returns to profitability
• Alan Greenspan says fears fall in Chinese stocks

• E&Y India Entrepreneur Of The Year (EOY) Award 2006 goes to Suzlon chief