Market roundup

COMPANIES

• Indian Railways feels shortage of top managers
  
• Samsung confident of meeting schedules after a 22-hour power shutdown
• Casio ties up with Reliance Retail, may enter mobile segment
• Accenture, EDS bid for Reliance Comm network contract
• Kale Consultants acquires UK's Zero Octa; emerges top aviation BPO
  

• Patent tussle fallout: MNCs may turn cautious on India
• China allows greater role for private business in defence industry
• Ford, U-Haul launch industry-first fleet of eco-friendly painted vehicles on US highways
  
• Delivering sustainable performance through integrity and innovation
• Non-food pet supplies market to grow to $15 billion by 2011
• Fed expected to leave interest rates unchanged
• Left rejects Indo-US nuclear deal
• China allows AIG subsidiary AIU Insurance to set up unit

• How are post IPO scrips faring?

• ICICI Bank to raise $1.5 billion overseas, launch SME resource centre

• Microsoft's $1.5 billion fine in Alcatel-Lucenet case dropped
• JPM, BankAm, HSBC seen interested in acquiring Bear Stearns
• McDonald's sells Boston Market fast-food chain to Sun Capital
• Pratt & Whitney Rocketdyne awarded $975 million NASA contract for space shuttle engine
• Sojitz, Isuzu, OJSC Severstal-Auto in Russian truck manufacturing venture
• Northrop Grumman delivers SBIRS GEO-1 payload to Lockheed Martin
• PPG, iGlass working on car roofs with adjustable glass shade
• Lenovo to offer Linux on laptops
• Vector Capital closes $1.2-billion private equity fund
• Xstrata tables $1-billion bid for S Africa's Eland Platinum
• US home loan slump sinks American Home Mortgage
• Wizz Air will charge for each bag you check in
  
• British Airways sees big rise in Q1 net profit
  
• Fortis shareholders approve ABN Amro bid

• Bill Gates no longer richest: Fortune magazine