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NEWS UPDATE
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Markets
Foreign funds power Sensex above 17,000 level Updated
Cox and Kings fixes IPO price band at Rs 316-330
UTI Intl India best performer in equity fund
Forex Rates
Oil rebounds above $77 on weak dollar
Asian markets open in green
Rupee gains Updated
Corporate
Bharat Forge plans foray into power sector
Michelin to set up Rs 4,000-cr unit in TN
SAIL cuts flat steel prices by Rs 500/tonne
ICRA signs jt venture pact in Nepal
Core Projects enters pact with Oxford University
Oman Oil to infuse more equity in Bharat Oman Refineries
Grasim board okays Samruddhi merger with UltraTech
Glenmark settles Para IV litigations with Medicis
Suzlon US arm bags wind turbine order
Corporate Filings
Book Closures/Dividends
Splash Media board meet tomorrow
Punj Lloyd allots equity shares under ESOP
Marico allots equity shares under ESOS
Corporate Results
Zenotech Labs Q1 net loss widens to Rs 3.41 cr
Industry
‘Supply constraints push food prices up’
CMIE ups GDP growth forecast to 6.2%
Agri-Business
‘Govt keeping close watch on sugar prices’
MMTC calls bids for RBD palmolein import
Commodities
Gold surges on firm global cues
Gur declines on sluggish demand
Freight rates up on busy cargo movements
Veg oil import touches 86.6 lt
Wheat extends gains in futures trade
Copper futures recover
Zinc futures up
Urad, moong dal prices decline
Logistics
Train services disrupted on Chennai-Howrah route
Railways registers 9% freight growth in Apr-Oct
Global News / Markets
GM may begin repaying Govt loans later this year
Pakistan PM trails Manmohan in ‘powerful persons’ list
Germany govt defends tax reduction plan
GCC population to touch 53 million by 2020: Report
Rolls-Royce establishes presence in Qatar
General
GST would remove cascading effect of levies: Pranab
Nuclear installations on high alert
Black carbon can't be linked to global warming: Pachauri
India, China to play greater role in global economy: Expert
Power Ministry to press for service tax abolition
Indian Americans want Manmohan to visit Dallas
PM to start US visit by addressing biz leaders
Info-Tech
Network quality more important than price war: Nielsen
RCom launches mVDO for mobile users
Mahindra Satyam joins Symbian Foundation
Nucleus Software inks pact with A-CCI
HCL Tech introduces Windows 7 migration services
Banking & Finance
Relaxo plans to double retail outlets
Marketing
Relaxo to open more outlets, foray into accessories
Shoppers Stop to invest Rs 250 cr on expansion
Govt/States
North-east monsoon vigorous over Kerala
Bengal Assembly session from November 30
Cabinet nod for AP Public property Bill
Flood alert issued over Vaigai river banks
Bangalore civic body to track files, grievances online
Legal
SFIO to begin Satyam prosecution soon
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Business Line
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