Corporate Highlights

• Depreciating dollar to provide some comfort; sales higher due to festive season; to maintain content costs; tgt 2-2.5 Mn customer additions: Dish TV

• Tata Motors raises $ 375 Mn via GDR; raises $ 375 Mn via FCCB; would entail current equity dilution of 4.8%
• Siemens bags order worth Rs 403 cr from Qatar

• Murugappa Group company EID Parry (India) has acquired a 76 per cent stake in the Bangalorebased Sadashiva Sugars for about Rs 50 crore.

• Hindustan Sanitary and Industries Ltd (HSIL) is eyeing overseas acquisitions, especially in Europe, while it will invest Rs 300 crore in expansion plans in the domestic market.

• Tea export from India, the world's second-largest producer, fell by 13 per cent in August to 18.72 million kg on poor demand overseas following the global financial crisis. The country had exported 21.41 million kg of tea in August last year. Moreover, overseas shipment from January to August at 112.75 million kg, too, lagged the last year level of 130.72 million kg on sluggish demand.