Market roundup

COMPANIES

• Himatsingka Seide set to acquire US home linen brand
• Tata Motors may bid for Ford`s Jaguar and Land Rover, roll out Ferari
• Biocon divests enzymes for $115 million, enters into exclusive deal for bioinsulin
• Hindalco to acquire Alcan stake in Utkal Alumina
• Lupin gets DCGI nod for phase II and III clinical trials of herbal psoriasis drug
• Bharti buys back 4.99 per cent from Vodafone; awards $2 billion contract to Ericsson
• Videocon plans JV with L&T for power plant, says report
• Zee Entertainment to launch youth channel 'Zee Next'
• Tata AIG expands network aggressively

• Government to issue FBT guidelines on employee stock options soon
• India, Malaysia open more airports to each other's airlines
• US, India N-talks drag on as Brazil, South Africa back New Delhi
• Bombay HC refuses stay on RIL gas order, allows government to fix price
• Indian cellular services market to exceed $25 billion by 2011: Gartner
• GST to be around 20 per cent; working group to submit report soon

• Rupee stable
• SBI dividend cheque
• IDBI net profit rises marginally in first quarter

• WTO revises drafts on subsidies and tariffs to push trade talks
• Imperial Tobacco to acquire Altadis in $22-billion cash deal
• Sainsbury confirms bid approach from Qatari group
• Walker report calls for more disclosures by UK's buyout firms
• Air France-KLM plans rival bid for Iberia
• Dow Jones board clears $5 billion News Corp bid, seeks Bancrofts' nod
• Pratt & Whitney bags upper stage engine contract for new Ares rockets
• Alitalia's sale faces the risk of being grounded

• Girish Nair to head Aircel group HR