ECONOMY/FINANCE ALERT

* Equity Alert: Tata Motors off highs; Jun vehicle sales up 7% on yr
* Stockists say cement cos up prices 3-5 rupees/50 kg in south today
* Head says not to launch Bharat Oman Refinery IPO in weak mkt.
* PSU bank head-level postings in limbo after PMO sends back files.
* Syndicate Bank hikes BPLR 50 bps, deposit rate 25-90 bps.
* Allahabad Bk bancassurance income seen 200 mln rupees FY09.
* DLF to mull buy back of shares Jul 10.
* Piramal Healthcare buys German co's brands for 7.7 mln euros.
* Reliance Industrial Infrastructure to set up tanks for propane gas.
* Venezuela's PdVSA may buy 49% in IOC Paradip refinery.
* Head says Everonn EBITDA margin seen 5-8% dn in 2 years.
* BHEL seeks intent letters from global cos for forging equipment JV.
* IDFC plans holding co for 4 arms; may list at "appropriate time".
* Glenmark Pharma acquires product portfolio of 7 brands in Poland.
* Viacom18 Hindi general entertainment channel to start Jul 21.
* Truckers' strike takes off; to meet govt today to press demands.
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