Draft policy opens up telecom sector
The draft telecom policy has suggested opening up virtually every segment in the telecom sector. The policy, was submitted to the group on telecom on Saturday.

FIPB clears $400m VSNL GDR issue
The Foreign Investment Promotion Board (FIPB) on Saturday cleared 43 proposals totalling Rs 2,525 crore including Videsh Sanchar Nigam Ltd's (VSNL) $400 million global depository receipt issue.

Henkel completes takeover of SWC group firms

CORPORATE
IPCL weathers imports, oversupply impact; posts Rs 35-crore net in Q3
Wockhardt, Sidmak Laboratories sign marketing agreement for 15 products

ECONOMY
Gear up for tough budget: Sinha
Government plans to table energy conservation bill in budget session

EXPRESSIONS
Participating in self-reliance
TurboGenerator promises clean power

MARKETS
Cottonseed oil dips on sluggish demand; urad firm
CII plans to set up task force to boost investment, trim bad-debt's burden

LEISURE
Year of the Ocean bows out in full colour
Preserve your hand-painted Christmas cards