• Government asks ten PSUs to offer more dividend
• Shasun to acquire unit of French company
• SemIndia considers chips making facility in south
• Novatium to launch PC for Rs.7000
• 30mn telephone subscribers added in 2005
• RIL, ITC to start agri-marketing
  

GENERAL

• Centre slashes food subsidy by Rs.4,524 crore a year
• Inflation falls on cheaper fruits, vegetables
• Chinese reforms to enable Indian law firms to set up office
• SC expresses worry over lost patent cases

• Rupee up
• Morgan Stanley may acquire JM's stake in JV
• HDFC, IL&FS sell off Colliers Jardine stake
• IMD redemption leads to fall in forex reserves by over US$6bn
• BoI has no plans to tap capital market
• LIC acquires 15 per cent stake in IL&FS

MARKETS

• Bluplast looks at IPO to fund expansion
• Tulip shares cut off set at Rs.96/Rs.171
• Nagarjuna board approves allotment of shares under GDR green shoe option
• Punj Lloyd debuts at premium of 51 per cent
• CAG Tech (Mauritius) sells 2.05 per cent stake in Agro Tech Foods

INTERNATIONAL

• Post Ukraine Gazprom moves against three more nations
• Corporate bankruptcies in UK up 11 per cent
• US adds two million new jobs in 2005 — Bush says economy is healthy

PEOPLE

• Keki Dadiseth joins Goldman Sachs as advisor
• Former Oracle India MD, Shekhar Dasgupta, joins Solix