Market roundup

COMPANIES

• Ratnagiri Gas & Power Private Limited begins receiving LNG
• Robert Bosch India to set up auto engineering development centre in Coimbatore
• Sical Logistics acquires Chinese dredger from Shanghai Duo Jun Dredging
• VSNL launches `Trueroots' international calling service to the US
• Visa Steel, China's Baosteel plan ferrochrome JV

• Cargo dwell time at airports to be reduced to three days from 1 October
• New urban housing policy to finalised
• Fertiliser consumption tops 449 lakh tonnes
• 37 TV channels, 175 radio stations permitted in 2007
• Carrying physically challenged on airlines to be compulsory
• RBI weighs use of plastics for printing currency notes
• Prime minister's panel clears RIL gas price, but suggests review of price bidding
• Service tax evasion rising: P Chidambaram
• Economic growth to fuel India's dependence on oil imports: Assocham
• Australia to sell uranium with safegaurds to India
• Infrastructure sector growth down to 5.3 per cent in June
• Inflation rate falls to 4.05 per cent
• Government to substantially hike wheat, rice support price next year

• No vanishing act after public issue in three years
• Markets end volatile despite spectacular 500-point rebound

• Direct exposure to sub-prime risks appears limited: BNP Paribas

• Nokia asks ITC to bar Qualcomm chip imports to US, alleges patent infringement
• Ranbaxy could gain as Pfizer loses initial bid for Lipitor patent extension
• Bear Stearns cuts 240 jobs at two home-lending units
• 3M to acquire Neoplast Co Ltd
• Kraft planning to sell its Post Cereals unit, says report
• Dell tops server customer satisfaction survey
• Borse Dubai outbids Nasdaq for Nordic exchange OMX at $3.98 billion
• Singapore Airlines to launch A380 commercial flight in October
• Arcelor shareholders seek Dutch court order to block Mittal buyout
• Moscow radio stops airing BBC Russian programmes
• Fed cuts discount rate for banks

• Greenspan appointed senior adviser to Deutsche Bank