COMPANIES

• M&M offloads cable division to 3M
• Reliance Communications gets 1.35mn subscribers in Nov
• UTV in gaming foray
• Cognizant to invest over Rs140-cr
• ST Microelectronics to invest $20-30mn
• Parsvnath pays Rs231-cr for DDA plot
• AV Birla group gives out stock options in four cos
• AV Birla Group.to exit Malaysia
• JK Cement to invest Rs950-cr for new plant
• Honeywell to make aircraft engines in India

• Inflation drops marginally
• Govt may clear two textile parks for Punjab
• Cabinet approves OBC reservation bill

• Sangli Bank to be merged with ICICI Bank
• Govt stake in PSU banks not to go below 51 pc

• Ansal to raise Rs680-cr through QIP route
• ONGC's objection could hit Cairn's IPO
• Bullion prices rally
• Court notice sent to Escorts, Rajan Nanda on Fortis IPO
• Scam related beneficiaries not to benefit: FM
• Oracle hikes bid for India's i-flex, shares zoom

• Benson & Hedges maker may be acquired by Japanese company
• Lufthansa sidelines Airbus to place order with Boeing