FDI notified: The government has notified changes in the foreign direct investment policy, paving the way for larger overseas investments in sectors such as multi-brand retail and telecom.     pti
Sebi on MCX-SX: In the wake of NSEL crisis, Sebi has asked MCX-SX to set up a panel to oversee key business, policy matters and appointments. It has urged MCX-SX to strengthen governance structure.     pti
Spectrum auction: Telecom minister Kapil Sibal has said DoT needs to quickly decide on Trai recommendations on spectrum price for conducting auctions at the earliest as the government needs  revenue.     pti
Jindal plan: JSPL promoter Naveen Jindal is looking to set up power plants in Liberia, Senegal and Botswana not just to expand the group’s presence in Africa, but also to secure a “sense of fulfilment”.     pti
Acquisition: Legacy Iron Ore, an Australian wing of NMDC, has signed an indicative term sheet with Ling prospecting syndicate to buy stake in Yundamindera gold project situated in the western part of the country.     pti
Brand ambassador: Financial services provider RK Global on Wednesday announced that the company has signed up Indian cricketer Shikhar Dhawan as its new corporate brand  ambassador.     sns