Market roundup

COMPANIES

• Bajaj reorganizes auto business
• Suzlon extends contract with PPM Energy
• Unitech to develop world class complex at Noida
• Reliance KG gas allocation to be decided on July 12
• Posco rejects proposal for tie-up with PSU
• M&M hikes stake in Punjab Tractors to 64.6 per cent
• TVS to manufacture premium bike Apache RTR in Indonesia
• Indus Fila acquires majority stake in Indus Garments
• Café Coffee Day to expand to Pak, Austria
• L&T to invest Rs2,000 cr in greenfield shipbuilding venture
• Nestle to take inorganic route for growth
• Pantaloon Retail to open small local stores

• India imposes dumping duty on CD-Rs from China and HK
• PM admits mistakes in handling SEZs
• Franchise deals out of FDI norms: FinMin

• Pyramid Saimira issues FCCBs worth $90mn
• DLF enters top ten league in M-cap
• DLF plans to raise $1bn from overseas markets
• L&T plans $1bn infrastructure fund
• IDFC raises Rs2,100 cr through QIP
• Reliance Money ties up with DTDC
• India Growth Fund launched by Lotus India AMC
• Allied Digital's IPO subscribed by 61 times
• BEML offer price fixed at Rs1,075

• Rupee gains further

• Japan, South Korea seek new Silk Road extended
• Coke considering acquiring Cadbury's Snapple
• Hexion outbids Basell for Huntsman with $10.8 billion offer
• Societe Generale seeks controlling stake in Russia's Rosbank