• Orissa govt.signs MoUs for seven additional steel plants
• ADB sanctions US$400mn loan for PowerGrid projects
• 1020 MW Tala hydro project to be commissioned by June 2006
• TRAI asks operators to improve quality of telecom services
• ONGC, CIL sign pact for gasification of coal reserves
• British Airways to have more flights between Mumbai-London
• Coal India to set up investment arm
• General Motors October sales rise two per cent
• Maruti sales up 14.7 per cent in Oct.
• BHEL to set up environment friendly power plant at Haldia
• TVS two wheeler sales rise 17 per cent
• BMW to enter Indian market with investment of Rs.110 crore
• M&M net up 73 per cent at Rs.243.5 crore
• Coromandel Fert. to forge JV with Tunisian companies
• Nalco effects hike in aluminium price
• BASF India to transfer phorate activity to US company
• Banswara Syntex to enter into JV with French company
• Satyam gets Indo-Australian business excellence award
• Sun Microsystems enters into OEM pact with Infozech Software

GENERAL

• India to amend double taxation convention with Italy
• Industry welcomes new steel policy
• Domestic steel prices soften
• Inflation down to 4.49 per cent
• Cabinet approves infrastructure SPV
• Tax revenue up 24 per cent in H1
• ATF price cut by 1.85 per cent
• New law on limited liability partnership on the anvil

• Rupee unchanged; bonds rise
• MetLife hikes capital to Rs.355 crore
• Radico Khaitan ropes in Rabo India as strategic advisor
• StanChart ties up with OBC for agency trade services in East Asia
• Centre's market borrowings up 41 per cent till Oct. 28

MARKETS

• Sebi appoints group of experts to look into options trading
• WFE report: Better technology can cut costs of stock exchanges
• IVRCL Infrastructure & Projects to raise US$140mn from overseas
• UTI AMC eyes NIF, pension foray
• IFFCO's borrowing programme downgraded
• Mobile Tele to raise US$20mn from global markets

INTERNATIONAL

• Samsung announces major global plans
• Time Warner confirms talks are on for AOL sale
• Deutsche Tele to lay off 32,000
• Merck scores in Vioxx case
• Toyota and Honda displace GM and Ford to lead in US auto market

PEOPLE

• IBM chief Palmisano meets PM