• Bombay High Court clears Reliance Industries demerger
• SAIL to invest Rs.11,000 crore in West Bengal
• Polaris Software is Microsoft's launch partner in India
• Turbomeca sets up Indian subsidiary at Bangalore
• Singapore's CapitaLand targets India
• Hitachi Construction to up stake in Tata Motors JV to 40 per cent
• Samsung Electronics to set up mobile handset plant in India
• GAIL and Norway's NGH in tie up for development of technology
• Welspun to transfer retail business to subsidiary
• Usha Martin to merge subsidiary with itself
• Ashok Leyland Nov. sales down three per cent

GENERAL

• Mid term review: High growth ahead for country
• PM says labour reform will create jobs, growth
• India, US conduct first working group meeting on ICT
• Inflation up at 4.54 per cent
• Chidambaram: Inflation to be less than 5 per cent in FY06
• Baijal: Auctioning of spectrum will create problem for 3G services

• Indian forex reserves up at US$143.1bn
• Adlabs Films concludes US$100mn FCCB offering
• HDFC to float Rs.1,000 crore international fund

MARKETS

• UTI Mutual Fund ups its stake in Gammon India
• FIL and FMR Corp trim holdings in Infosys
• Spentex Industries issues shares to Citigroup, promoters

INTERNATIONAL

• LSE rejects US$2.6bn offer from Macquarie Bank
• Nikkei tumbles as wrong order triggers a sell-off
• Kuwait to invest US$44bn in the upgradation of its oil industry