1. National Highways Authority of India launched its first ever tax-free bonds issue of Rs 5,000 crore on December 28.
2. iSAT Network Engineers of Haridwar wins the prestigious SAP ACE Award 2011, a Customer Excellence award, for the category, “Best-Run Business in Cloud ERP Implementation.
3. Telecom Commission, the decision-making body of the Department of Telecommunications recommended a uniform licence fee of 8 per cent of adjusted gross revenues (AGR).
4. The Reserve Bank of India directed all banks to issue cheques conforming to Cheque Truncation System (CTS) 2010 standard with uniform features from 1 April 2012 onwards.
5. The Reserve Bank will shortly issue Rs 500 notes which will have the rupee symbol. The Rs 500 notes will be of the Mahatma Gandhi-2005 Series bearing the signature of Reserve Bank of India (RBI) Governor D Subbarao.
6. Sony Corp has agreed to sell its nearly 50 percent stake in an LCD joint venture with Samsung Electronics to the South Korean company for $940 million, as it struggles to reduce huge losses at its TV business.
7. Realty giant DLF, along with its partner Hubtown in a joint venture, has sold its IT special economic zone (SEZ), DLF Ackruti Info Parks (Pune), to private equity firm Blackstone for Rs.810 crore.
8. Private equity fund Suffolk (Mauritius) has raised its stake in Patni Computer Services to 5.03 per cent after acquiring shares of the company worth Rs.5.04 crore through open market transactions.
9. The Securities and Exchange Board of India (SEBI) proposed new rules for investment advisors under which the advisers, would be required to be registered with a self-regulatory organisation (SRO) before undertaking such a role.
10. Tea imports declined by 14 per cent to 9.91 million kg in the April-October period of 2011.