• Indian Hotels acquires famed 'W' Hotel in Sydney for US$27mn
• Adobe sets up new business unit in India
• Raman Roy joins hands with Lankan company to set up BPO
• Tata Motors launches Novus tippers
• IOC, Ashok Leyland ink pact for use of engine oils
• Wockhardt plans to introduce new vaccines
• AstraZeneca set to acquire first brand soon
• Nagarjuna Fertilisers gets award
• ACC acquires Tarmac India
• Murugappa Group companies offload stake in Parry Agro Industries
• Infomedia in JV with US publisher Reed
• ONGC in bid for aviation fuel facility at new Bangalore airport
• Bharti to launch 3G services in Seychelles

GENERAL

• SC permits NTC mills, buyers to submit development plans
• E&Y sets up auditing standard for services companies
• Madras HC says comparative ads' need to be curtailed
• Labour Minister to take up EPF interest rate issue with PM
• ASCON-CII survey: Manufacturing sectors shows impressive growth
• Aiyar may deregulate natural gas prices
• Women comprise 6 per cent of corporate workforce: CII study
• FDI doors closed for partnership firms

• Rupee gains 30 paise - securities firm up
• Bajaj Allianz Life unveils four plans
• Bajaj Allianz launches FamilyGain

MARKETS

• Adlabs plans to raise authorised capital
• CDSL to levy flat fee for DP deals
• M&M financial arm to go in for IPO
• SAT orders compensation for DSQ Soft shareholders
• Ruia to raise US$100mn to fund revival of Dunlop, Falcon

INTERNATIONAL

• Hong Kong trade negotiations in secret session
• IMF changes world growth forecast — will be higher
• US trade deficit at record high in Oct.
• MS to set up PC-to-phone service

PEOPLE

• R.S.Sharma, director (finance) ONGC, bags award