Weekly Roundup

COMPANIES

• Govt decides against selling Tide Water Oil stake to ONGC
• Reliance Fresh to open outlets in Mumbai
• Avesthagen subsidiary signs agreement with Biotech Corp
• Spices Board to open retail outlets

• Shareholders should question CEOs' salary: Ahluwalia
• Land prices may correct in Mumbai
• Govt formulates scheme to help exporters hedge
• Govt to borrow $5 bn from forex reserves to build infrastructure

• Sebi to educate investors

• TMB ties up with UAE Exchange Centre
• Banks asked to explain fund source for insurance JVs

• Hitachi, Oracle jointly fight piracy in China
• Telecom giant AT&T gets new CEO

• Brazilian president comes on India visit