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NEWS UPDATE
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Markets
Sensex down 70 points at close
Nifty touches year’s high on better IIP data
Cox & Kings lists with 8% discount on BSE
Forex Rates
Call rates at 3.25-3.3%
Rupee gains to 46.55/56 Updated
Corporate
Bayer Healthcare unit to expand portfolio, revamp sales network
Biocon plans oral insulin drug launch by 2011
VLCC mulling Rs 100 cr IPO in next 18 months
Reliance Big in pact with T-Series, Hungama Mobile
Strides Arcolab gets court nod for merger
Reliance MediaWorks changes name
HOV Services to consider restructuring subsidiaries
Taro asks shareholders to reject Sun Pharma’s buy bid
ONGC loses bid for Iraqi oilfield
Apollo Tyres to hike prices by 10% soon
Jindal Power lines up Rs 65k-cr new projects
Corporate Filings
Book Closures/Dividends
India Infoline allots shares under ESOP
Concurrent (India) plans preferential issue
Macro Economy
FII inflows in stock markets will not be taxed: Pranab
Industry growth for October rises to 10.3% Updated
Industry to maintain double digit growth: Montek
Global mergers, acquisitions to dip by 56%: OECD
Industry
Govt scouts for lead-managers for NMDC sell-off
ONGC plans Rs 4,000-cr term loan to refinance OVL debt
Number of sick MSEs down by over 11,000 in 2 years
Agri-Business
20% rise in pulses import during April-October
Commodities
Gold futures rebound on firm global cues
Copper futures recover
Zinc futures improve
Oil prices rebound
Global News / Markets
BBC, British Library tie up for greater content access
Dow, Nasdaq up
Asian markets up
US Senate agrees on a framework for Climate Bill
General
Rising food prices: Govt to strengthen PDS
BIMSTEC adopts convention to fight terrorism, insurgency
Info-Tech
Infosys BPO ties up with American institutes
FirstObject inks pact with New Age Education
Banking & Finance
Jaspal Bindra is StanChart new Group Executive Director
ICICI Bank to focus on home loans
Marketing
Bharti Retail to increase outlets to 200 by Dec next
Govt/States
GJM team meets Chidambaram on Gorkhaland
World Bank sanctions $405-m for AP transport projects
AP Assembly adjourned over Telangana uproar
Telangana issue: Andhra CM seeks all parties’ help
Gujarat signs MoU with UK co for generating tidal power
Vidarbha statehood brings Sena-BJP discord to fore
Top
Business Line
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