Market roundup

COMPANIES

• Asian Hotels may be split into three independent business units
• Bertling Logistics sets up India arm
• EIH Q4 net at Rs59 cr
• GM to hike plant capacity at Gujarat Halol plant
• Asian Paints to sell stake in Australian unit
• Vodafone to invest $2 bn in India this year
• Shipping Corp Q4 net down 19 per cent
• Dr Reddy's begin operations in Nigeria

• US companies now outsource legal work to India
• Inflation falls to 4.80 per cent on cheaper food, energy

• Vedanta's open offer for stake in Sesa Goa postponed
• Compact Disc subsidiary to list on London SE
• Ankit Metal plans Rs34.5-cr public issue
• Suryachakra Power secures nod for IPO
• DLF collects Rs9,187.5 cr through IPO: issue price fixed at Rs525
• Future Capital to launch logistics fund
• CBDT lays out norms for stock gains

• Rupee gains
• UBI completes Rs575 cr bond issue
• Jones Lang LaSalle to start India operations in Q3
• YES Bank to offer direct forex trading
• StanChart begins offering private banking services
• Forex reserves rise $1.17 bn
• Govt to buy RBI`s stake in SBI

• US panel blocks Sanofi's weight-loss drug
• Areva bids for UraMin

• Kellogg's India gets a new MD
• Narayanasami appointed on New India board