FIPB clears Xerox, Kalyani group proposals
The Foreign Investment Promotion Board (FIPB) yesterday cleared the proposal of Kalyani group to set up a 200mw cogeneration unit with Tenaska International Energy and the plan of Xerox Corporation to set up a holding company in the country.

Centre plans bill to impound ill-gotten wealth in bid to weed out corruption
The union government is working on a bill to allow confiscation of wealth amassed by public servants through illegal means to curb corruption in high places. A draft bill for this was being prepared in consultation with the Law Commission.The bill would cover even "benami" transactions and property owned by "friends and relatives,".

Dave committee draws up accounting norms for plantation firms' schemes
The SA Dave committee set up to frame guidelines for collective investment schemes has finalised the accounting norms that will be applicable for such schemes. The committee will meet again on December 28 to finalise the report.

CORPORATE
Bhushan Steel plans plant at Patalganga
Centre sets up panel to review Article 356

ECONOMY
Centre plans bill to impound ill-gotten wealth in bid to weed out corruption
FIPB clears Xerox, Kalyani group proposals

EXPRESSIONS
Doubtful harvest
Reward for social responsiveness

MARKETS
Ashok Agarwal team muscles into DSE board
US attack on Iraq wipes 8% off Skindia Index

LEISURE
New lease for company secretaries likely
Christmas shopping shifts online