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Markets (Dec 21) (The Hindu)
OFFHAND In-house cleansing independent of reforms The talk of police reforms, especially the September 22 judgment of the Supreme Court, has masked the much more vital need for the police higher-ups to undertake in-house cleansing.

MPs question why schools can't buy in to open source software (PublicTechnology.net)
Nearly 1 in 5 backbencher MPs from all parties have questioned the exclusion of open source software from UK schools in their response to an early day motion (EDM) tabled by John Pugh MP. The motion addresses concern for government policy which stifles innovation and locks users into high cost software.

Get more done: managing (Canadian Business)
Beat the clock! Quick tricks to get time on your side Write it down. Schedule your work and keep the appointment.

Year-End Tax Loss Dogs (Forbes)
It's time to lessen your 2006 tax bill by selling some of your losers. Here's what the pros are doing.

HOME PAGE (The Hindu)
HDFC Bank hikes prime rate to 13.5% HDFC Bank has hiked its benchmark prime lending rate by 1.5 percentage point cent to 13.5 per cent effective December 20, the bank said on its Web site. The bank last raised its PLR in June. It has also raised deposit rates by 50-75 basis ...

NEC Says 1H Loss Was More Than Reported (AP via Yahoo! Finance)
Japanese electronics maker NEC Corp. said Friday its group net loss for the fiscal first-half was about US$20 million more than it reported a month ago.

Airport to add booking engine to site (Fort Wayne News-Sentinel)
Fort Wayne International Airport expects to soon add to its new consumer-based Web site a booking engine that mimics the popular Expedia site.

Japan's NEC restates loss (The Globe and Mail)
TOKYO ? Japanese electronics maker NEC Corp. said Friday its group net loss for the fiscal first-half was about $20-million worse than it reported a month ago.

European Stocks May Drop, Led by BHP Billiton, Rio Tinto Group (Bloomberg.com)
Dec. 22 (Bloomberg) -- European stocks may drop following declines in U.S. equities yesterday after a report showed a slump in factory output. BHP Billiton and Rio Tinto Group might lead mining companies lower as copper prices fell to a six-month low.