• CDMA players to expand telecom infrastructure
• Govt. to divest 15 per cent stake in SCI
• Mahindra and ITEC in JV for manufacture of trucks, buses in India
• Reuters to invest US$4mn in 2006
• GV films to set up fun townships
• Merck Sharp partners with Baxter for new drug delivery system
• Spice Telecom to invest US$400mn
• BT mulling investments in Indian IT/BPO space
• Sahara Computers to invest Rs.400 crore in expansion activities
• Sterlite reports 64.60 rise in net
• HCL Tech enters into agreement with IBM
• Polaris Software launches CollectNet solution
  

GENERAL

• 20 per cent FDI in FM radio cleared
• Model concession agreement by next month: Baalu
• India upbeat on exports
• Petroleum regulatory board to be set up by mid 2006
• Airports to be decongested
• India receives the highest remittances
• Govt. revises edible oil tariff values

• Rupee edges up; bonds recover
• ICICI Bank files for ADS issue
• SBI officers plan strike
• RBI increases cap on NRE deposit rates

MARKETS

• Finance Ministry relaxes ADR, GDR pricing norms
• IL&FS Investment closes Leverage India Fund
• Lord Krishna Bank to come out with IPO next year
• LML allots eight lakh equity shares to lenders
• RIL asks for notices for or against the de-merger
• Ramco Systems to issue 1:4 rights shares
• Netlink Solutions to offer bonus shares

INTERNATIONAL

• Copper prices zoom as China begins distancing act on rogue deal
• Crude oil prices dip
• Media tycoon Conrad Black indicted on eight fraud charges