• neoIT study: India, Canada, and China are top outsourcing destinations
• Gartner: India top outsourcing destination even as global competition warms up
• Bharat Forge buys out Swedish firm Imatra Kilsta
• SC ruling: Software servicing to fall under service tax net
• ONGC to pump in Rs.16,000 crore towards capacity expansion at MRPL
• Raha fires broadside: PSUs are not Govt. departments
• DGH's exploration performance report card: Cairns tops - ONGC draws a blank
• With investments in the power sector Tata's commit Rs.68,000 crore for Jharkhand
• High-level Nasscom delegation arrives in China
• Govt. may hike 20 per cent FDI cap in DTH ventures
• OVL may get two exclusive oil blocks in Cuba
• IOC to bid for oil pipeline projects in Turkey
• SWC to merge with McDowell by 2006-end

GENERAL

• Italy keen to participate in infrastructure development

• Rupee volatile - bonds bearish
• RBI: 182-day T bill `undersubscribed'
• Nagarjuna Construction to clear US$120mn global offering at AGM

MARKETS

• BSE shifts 850 stocks to T group
• 42 per cent of FII inflows into markets through participatory notes

• IMF: World economy set for growth despite oil prices and Katrina
• Barroso warns of decline in growth within EU