• BSNL, MTNL to explore tie-up for underwater link
• Govt. to divest 8 per cent in Maruti to domestic banks, FIs
• Air Sahara bags cricket sponsorship rights
• Tata Daewoo to export trucks to Pakistan
• Wipro acquires Austrian chip design firm
• L&T gets Rs.1,300 crore order from ONGC
• Actis sells trading unit of Nitrex to Danish firm
• Hyundai increases Santro prices
• TVS Motor launches 150 cc `Apache'
• Ramsarup Industries to enter T&D biz
• Infy to increase headcount in China
• Infomedia gets into BPO space
• RIL wants MTNL connection
  

GENERAL

• RBI dy. governor forecasts GDS of 32 per cent in 3-5 years
• IT exports to grow by 32 per cent
  

• Rupee up — securities fall
• BoB not to raise lending rates
• ICICI Bank sets aside Rs.1,200 crore towards insurance venture
• Kotak Mahindra to expand wealth management buisness
• SBI-TCS venture to offer tech services to small banks
  

MARKETS

• FII inflows top US$10bn in 2005
• Warburg Pincus affiliates sell stake in GACL
• FIIs receive highest allotment in ICICI Bank issue
• DSQ Biotech barred from markets till April 2008
• Fidelity to launch Tax Advantage fund in Jan. 2006
• Franklin India's Smaller Companies Fund raises Rs.1,200 crore
• Tuticorin Alkali to issue shares to South Indian Bank
  

INTERNATIONAL

• China revises 2004 GDP — up 16.8 per cent
• Toyota says sales to rise 9 per cent next year
• Italy's central bank chief, Fazio, finally quits over fraud inquiry