Market roundup

COMPANIES

• BSNL lures corporates fixed-mobile convergence
  
• Reliance may seek a foreign partner for its Cauvery asset
  
• GE acquires 15 per cent stake in Titagarh Wagons
• Cerberus offers to acquire United Rentals for $4 billion
• Transocean to buy GlobalSantaFe
• UB Group holding company may sell a stake in airline business
  
• American Tower Corp entering India
  
• Toyota plans the India launch of new Corolla model next year
  
• J K Lakshmi Cement plans to invest Rs600 crore
  
• RPG to invest Rs250-300 crore in Cellucom, Music World, Books and Beyond
  
• Air India looking for a hub in Europe
  
• Civilian orders dominate HAL exports
• Patni buys US life sciences service company Taratec for $27.2 million

• EPF board keeps interest rate unchanged at 8.5 per cent for 2006-07
• India negotiating FTAs with GCC, South Korea
• India's first space university lifts off
  
• US to allow cigarette lighters on airline flights
  
• Karwar naval base moves towards Phase II
  
• Operation Indra Dhanush: The Indian view
  
• India to import garments from Bangladesh to reduce trade gap; may allow investments
  
• Striking Abu Dhabi workers return to work
  
• Foreign telecom companies unlikely to be allowed 3G licence

• Sensex, Nifty in all-time high

• UTI Bank raises $1.06 billion via GDR, preferential issue and private placement
• To fund ABN merger Barclays sells €13.4-billion stake to China Development Bank, Temasek

• Dubai plans global expansion for Barneys New York
• Watson Wyatt completes acquisition of German consulting firm Heissmann
• Apple results eyed for iPhone sales
  
• HondaJet to set up base in North Carolina
  
• China asks tainted food and drug firms to shut down
• Atlas Copco acquires Mafi-Trench of US to expand oil field business
• Accenture to acquire George Group