Market roundup

COMPANIES

• Aarti Ind, Aarti Drugs likely to merge
• Madras Cements applies for sugar mill license in TN
• Sonalika group to expand capacity with Rs700-cr investment by 2009
• Alstom Project to set up 950-cr plant in Gujarat
• Reliance plans tying up with local veg vendors
• Apollo Hospitals to set up Health City in Hyderabad
• Tata Tele to invest Rs200 cr in AP circle
• Attrition rate touches 20 per cent at India Inc
• Renault sees India as low cost manufacturing centre

• One PC for every 50 Indians: Survey
• One billion PCs by 2008 worldwide: Forrester Research
• Indian employees call off strike

• Eden Realty to launch $500-milion infrastructure fund
• DLF issue subscribed 3.45 times

• Rupee gains
• ICICI Bank home loan growth slows down
• Merrill Lynch invests in Copal Partners
• Corporation Bank signs MoU with ICRA

• JPMorgan Chase selects WTC site to build office tower
• 37,000 workers have left Ford Motor
• Apple launches latest Mac OS version

• Pratibha Patil is UPA's choice for president