Market roundup

COMPANIES

• GMR consortium to develop Rs11,000 cr Istanbul project
• REL plans capacity addition of 15,000 MW power
• L&T gets Rs542-cr order from IOC
• MSPL to make huge investments in capacity expansion
• BSNL cuts international roaming rates by 40 per cent
• ONGC for deregulated gas price
• DLF to develop $10-20 bn B'lore township

• Government reduces wheat import order
• Infrastructure sector grows 8.7 per cent in May
• SC gives tax relief to MNCs' captive BPO units
• Oil at 11-month high above $76

• Simplex Projects to raise Rs5,500 crore
• Blackstone to acquire stake in Nagarjuna Constructions
• No IPO lock-in period for state infrastructure firms
• Ankit Metal lists at 5 per cent premium
• Sebi simplifies rules for filing results with SEs

• Rupee rises
• HDFC Bank Q1 net up 34 per cent to Rs321 crore
• Development Credit Bank offloads stake to Tatas
• NHB launches housing price index
• South Indian Bank Q1 net up 102 per cent

• Apple may unveil cheaper iPhone
• The world's biggest futures market is created
• China's trade surplus rises to all-time monthly high

• DCM doyen Bharat Ram is no more
• Air Deccan appoints new deputy COO
• Srinivasan joins Aditya Birla group
• Gameshastra appoints K Narayanan as head of operations in Hyderabad