Market roundup

COMPANIES

• Rolls-Royce signs £1-billion submarines contract for Royal Navy
• Maruti Udyog to be known as Maruti Suzuki India
• Ranbaxy, GSK to settle valacyclovir patent case in US
• NIIT signs MoU with Malaysian government for IT training
• Elder Pharma to acquire 20-per cent stake in UK's Neutra Health
• ITC extends the Ashirwad range to spices
• Aventis group firm acquires diabetes drug technology from Themis
• ITC launches new campaign for Mint-O-Fresh Cool Green
• Significant opportunities for Ranbaxy from GlaxoSmithKline deal: Malvinder Singh
• Neutra Health acquisition to facilitate entry into regulated markets: Elder Pharma
• GlaxoSmithKline pharmaceuticals divests fine chemicals
• Videocon puts Oman oil block reserves at over 4 billion barrels
• Lenovo to set up production facility in Himachal
• Renault-Nissan working on 'Logan Jr', says Ghosn
• Suzlon Energy reports Rs89 crore net profit in Q1 2007-08
  

• Australia may sell uranium to India
• IMF ups 2007-08 world economic growth forecast to 5.2 per cent
• India's high corporate tax rates may hinder FDI inflow, says KPMG
• India, fastest growing wireless market; 7.3 mn added in June
• British insurers Friends Provident and Resolution to merge
• India to have 35 new airports by 2010
• Unions on warpath, threaten AI-IA merger
• JetLite absorbs 2,300 Air Sahara employees
• Jet Lite not to fly to Malaysia

• Canara Bank net up 26 per cent at Rs241 crore in April-June 2007-08
• Dena Bank posts over 3-fold rise in Q1 net at Rs56 crore

• IVR Prime IPO subscribed 47 per cent as issue closes

• Dow Chemicals, Crystalsev to make polyethylene from cane in Brazil
• Dow Jones trustee opposed to sale of WSJ: Report
• Sojitz to Take a Stake in Hyundai Motor Argentina
• Honda to build new plant in Argentina
• BAE systems bags Bradley remanufacturing contracts
• Curtiss-Wright to provide reactor coolant pumps for Westinghouse AP1000 plants in China
• Not for sale to China? Airbus rejects Chinese bid to buy European plants
• Strong commercial aviation market makes Boeing raise guidance
• SilkAir will fly to Coimbatore