1. T H E B A N K S A I D I T S O B J E C T I V E W A S T O
M A I N T A I N G R O W T H A N D M O D E R A T E
I N F L A T I O N - - A H I N T T H A T A N O M I N A L
H I K E M A Y B E O N T H E C A R D S T O M O R R O W .
RBI hints at tightening
monetary policy

2. Google's Android rises to No. 2 spot on the
smartphone OS market
 Nokia's Symbian continued to lead the market with a
37 percent share, while Android had 17 percent of the
market.

3. Cognizant Q3 net up 49% at $203 mn; ups FY'11
outlook
 The company's revenue rose to $1.21 bn in the third
quarter under review from $853.5 million in the
third quarter of 2009. Thus registering a gain of 43
per cent.

4. BoI raises fixed deposit rates by up to 75 basis
points
 Public sector lender Bank of India has raised fixed
deposit rates for various maturities by up to 75 basis
points with effect from today.

5. 'Nissan China JV aims to sell 1.2 mn units this yr'
 Nissan Motor's China joint venture aims to sell 1.2
million vehicles this year, rising to 1.5 million in
2012, a senior executive said on Monday.

6. India can be richer than China with right policies:
US economist
 Derek Scissors, fellow at the Asian Studies Centre
said the key to increasing wealth of Indians lay in
granting property rights to farmers.