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Highlights
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Market roundup
COMPANIES
Thales, Samtel sign up to develop avionics equipment
Tata Sons create new financial subsidiary 'Tata Capital'
Hyundai Heavy to invest Rs260 crore construction machinery project near Pune
Diamond bourse to open by Diwali, plans to corner 90% trade
South Indian star Trisha is brand ambassador for TVS Scooty PEP
Wipro named leader in Global IT Infrastructure Outsourcing: Forrester Report
Tata Tele launches "Freedom Call Voucher"
GENERAL
Finance ministry effects sweeping changes in Service Tax rules
PM asks BHEL to increase number of shifts to meet power equipment targets
CII, Canadian chief executives to study FTA feasibility between the two countries
42 new SEZ proposals up for approval on Friday meet
Net direct tax collections up 57.5%
MARKETS
SEBI asks 15 brokers to `cease and desist' from F&O contracts
Biggest ever ADS issue by India Inc sees Sterlite raise $2bn
UCO Bank mulling stock broking services for clients
Birla Sun Life MF launches "Capital Protection Oriented Plan"
SBICAP Securities receives RBI approval for portfolio management services
Spice Communications IPO expects to raise Rs523 crore
ICICI Bank issue subscribed 2.74 times on opening day
BANKING AND FINANCE
Rupee retreats a bit
Srei Infrastructure Finance Ltd clocks 64% rise in PAT
LIC Housing readying for launch of reverse mortgage product
INTERNATIONAL
US economy to rebound in 2008 from current "near-recessionary" growth: UCLA report
Cadbury to sell beverages unit, slash jobs
Leisure group, Whitbread, to invest £150mn in Indian market
PEOPLE
Rajiv Jamkhedkar new CEO of AEGON Religare
Prosecutors seek 6-year jail for convicted Hyundai chief
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domain - B : Indian busines : News Review : 20 June 2007 : index