Market roundup

COMPANIES

• L&T to set up five new companies
• JSW crude steel production grows 26 per cent in Apr-June qtr
• Patel Engineering bags order from Algeria for $153mn
• Ashok Leyland forms joint venture with Finnish co
• Aurobindo drug gets FDA nod
• Temasek picks up 5 per cent stake in Bharti Airtel
• Bombay Rayon acquires Leela's garments biz
• Sun Pharma to raise Rs 3,500 crore

• Government to import expensive wheat

• Vishal Retail surges on listing
• Assets under management by MFs dip 3.17 per cent in June
• SBI to offer online share trading facility
• HDIL oversubscribed 6.60. times on the BSE and NSE
• BEML subscribed over 30 times
• V Guard plans IPO in Oct

• Rupee gains
• Nabard to set up subsidiary for micro-credit

• GM sales plunge in June
• Blackstone to acquire Hilton