Market roundup

COMPANIES

• Essel Propack to seek BIFR cover for RAS Propack Lamipack and RAS Extrusions
• Lockheed Martin and Wipro open network centric operations centre in India
• Sonalika Group's International Cars and Motors to invest Rs800 crore by 2010 in global SUV
• Ashok Leyland divests 40-per cent stake in Ashley Transport to Shriram Transport Finance
• Bharti Airtel, Vodafone Essar's Hutch raise local call, SMS rates by 20 per cent
• Wipro negotiates IT services contract from Boeing's maintenance centre
• Tata Power signs generator contract with Toshiba for 4000 MW Mundra project
• Vodafone Essar moves behind Baherti Airtel, pushes BSNL to third spot
• Ipca-Ranbaxy alliance to market Metformin HCL tablets in US
• Infosys, TCS ranked India's most reputed corporate houses
• Novelis wins $1 billion Rexam contract; to supply sheets to GM

• Textile ministry panel calls for flexible labor laws for export units
• Government bans imports of 25 insecticides, formulations
• Employee Provident Fund rate not to be hiked to match bank rates
• India to set up facility to reprocess spent nuclear fuel: PM
• Brokerages made money amidst volatility in July
• Food processing ministry to facilitate quick bank loans
• Oriental Thai Airlines, Etihad, Silk Air to enter Nepal's aviation market
• Steps to meet power shortage
• Foreign Investments in Hydro Power Projects
• Centre to introduce unorganised workers' social security bill in the current session of Parliament
• $280-million World Bank loan for vocational training
• Requirement of coal and gas for thermal power plants
• Rural electrification projects completed in 61,542 villages
• Railways carry 247.05 million tonnes of freight during April-July 2007
• Israel taps Cochini-Indian tradition to boost tourism
• CMIE ups fiscal 2008 GDP forecast to 9 per cent

• Dow Canada divests Western Canada caustic soda unit to Univar
• Degussa expands chemicals research base in China
• PepsiCo to take 76 per cent in top Russian beverage maker Lebedyansky
• Gannett refutes chances of ownership change
• European Central Bank injects $65.3 billion more into the banking system
• Umicore wins auction for Delphi catalyst unit
  
• Court rejects Sonova's appeal in ReSound takeover bid
  
• Blockbuster acquires movie download service Movielink
  
• Hearst Corporation to acquire shoppers' web site Kaboodle
• Japan second quarter GDP growth falls
  

• Kumar Mangalam will inherit all cement companies: B K Birla