• Wipro picks up mPower for US$28mn
• Motorola's launches sub-$40 mobile in the Indian market
• Reliance demerger on Jan. 25
• BHEL bags ICWAI National Award
• Liberty to set up unit in HP
• Mahavir Spinning announces expansion plans
• Red Hat Q3 net income up by 114 per cent
• Abhishek Ind. begins production at terry towel unit
• Oil PSUs revenue loss to double
• Gail to invest over Rs 11,600 cr in gas cracker units
• Shipping Corp. looks at acquiring more ships
• Sasken opens new center in Mexico
• Mayur Suitings gets into nano tech
• Polaris Software ties up with Interwoven
• Karur Vysya Bank adopts security product
• IDFC, Feedback Ventures enter into deal
• New computer virus detected
• Reliance launches `Cine Ulagam'
• Vista pharma to produce and sell 2 ANDA drugs
  

GENERAL

• Railways extend e-ticketing facility
• Govt. circulates paper on labour market
• EPF rate: MPs walkout in LS
• Govt. wants simultaneous decontrol of sugar, cane prices
• Planning Commission approves Rs.19,000 crore for UP
• WB welcomes FDI in higher education
• Exports fall by 11 per cent in Nov '05
• Open access in distribution: firms allowed to select electricity supplier
  

• Rupee recovers losses
• ATMs completely secure: Study
• CSB raises Rs.40 crore through bonds
• Union Bank to issue 4.5-cr shares
• UBI launches no-frills account
• Commercial banks, RRBs increase rural lending in Karnataka
  

MARKETS

• Tata Tele board approves rights issue
• Titan Ind. to decide price band for equity shares on Dec. 26
• Himatsingka Seide raises US$60mn via GDRs
• Birla Power board okays public issue
• Uttam Galva exercises green shoe option for US$14mn
• Ucal to sell its stake in Engelhard Systems
  

INTERNATIONAL

• EU hauls up Microsoft on 2004 anti-trust ruling
• Kuwait to increase oil investments in China
• Barrick set to become world's top gold producer
• Wal-Mart asked to cough up US$172.3mn in fines

PEOPLE

• Arun Bisaria is new General Manager, Technology, at SBH