Market roundup

COMPANIES

• Tata Indicom launches India's first Internet radio service on mobile phones
• Aircel, Sybase facilitate international SMS
• Tata Motors launches Magic and Winger
• GM may hike capacity of Gujarat Halol plant
• Cynosure ties up with Chinese company to launch battery-run 3-wheeler, mobike
• Volvo India planning to make India an export base
• BHEL bags Rs139-cr NTPC order for transformers
• JSPL bags eco award from the World Environment Foundation
• JBM Auto enters joint venture with Japan cos
• Delhi start-up creates online desktop

• India, Canada to push bilateral trade to $20bn in the next five years
• India, Pakistan to go ahead with IPI pipeline
• Ficci-Ernst &Young report: IT, ITeS dominate outbound investments to US
• UK, India to discuss corporate issues, to set up task force
• Army, Navy not to vacate spectrum without adequate alternatives

• UTI Mutual Fund looks to offer India investment fund in other Asian markets
• Glory Polyfilms debuts at 4 per cent premium
• Geodesic Info to offer 1:2 bonus

• Rupee gains another 10 paise against the dollar
• ICICI Bank's global operations do well - overseas branches and subsidiaries break even
• S&P assigns `BB' rating for SBI's perpetual bonds
• PNB drops equity offering - to raise Tier II capital

• Pearson-GE combine mulling bid for Dow Jones & Co
• Microsoft picks up 1 per cent stake in Chinese TV maker