Market roundup

COMPANIES

• S&P announces Asia Shariah Index
• IDC positions IBM as best in domestic IT services
• Jaiprakash Group buys Malvika Steel for Rs207 cr
• Daimler plans trucks assembly in India
• Reliance proposes price of $4.33 for gas
• United Phos acquires two DuPont products
• SABMiller to expand production capacity in India
• Nelcast bags Rs20-cr order from Metro Rail
• Nagarjuna gets order worth Rs334 crore
• Jain Irrigation gets Rs84 crore contract from Coca Cola India
• Reliance looks at acquiring stake in US refinery
• Diageo increases focus on India

• India, Pak begin talks on IPI pipeline
• Govt considering sugar sops
• Salary of President of India to double

• PTC India plans Rs1,200-cr share sale to fund expansion
• Bajaj Capital may enter share broking, depository space
• SEBI allows FoF to update NAVs next day
• Citigroup wants to acquire 85 per cent in Sharekhan for Rs650 cr
• Robert Bosch increases offer price for Motor Industries
• Tata Power raises $950 million through bridge loan
• Indiabulls Real Estate plans $200 million GDR issue
• Strides Arcolab completes $100 m bond issue
• Spice IPO subscribed more than 30 times
• BEML public offer fully subscribed

• Rupee declines against dollar
• Standard Life to increase stake in HDFC JV to 26 per cent
• Interest rates to remain stable: Parekh

• Brown takes charge as the prime minister of UK
• Murdoch not to raise bid for Dow

• Gunjan Sinha ranked among top 50 Asian-American businesspersons
• Manmohan Shetty likely to quit as Adlabs CEO