Market roundup

COMPANIES

• RCom to hive off BPO operations: plans Rs20,000cr investment in FY08
• Tata Tea consolidated Q1 net profit plunges
• Reliance Industries announces Cauvery gas find
• Satyam gets outsourcing contracts worth $75 mn
• ITC Foods enters organic foods retailing
• VRCL gets contracts worth Rs202-cr
• Saudi group to set up $25-mn manufacturing plant in India
• Orchid Chem to launch three new products in the US
• Volvo bus sales hit by budget air fares
• RPG earmarks Rs12, 450 cr investment in power, carbon black
• Ford India plans small car launch

• Biometric PAN cards to come soon
• Kamal Nath for quick tax relief to exporters

• Reliance Telecom Infra to list
• Refex Refrigerants plans IPO
• 6.26 lakh demat accounts still suspended

• Rupee within range
• UCBs can act as agents
• Ministry tells PSBs to raise low cost funds

• RIM offers dual-mode cellular, Wi-Fi BlackBerry
• Yahoo posts lower profit
• Coca Cola sales soar in China
• Man Financial to list on NYSE

• New appointments at Punjab Tractors