1. New York to use GPS-fitted bottles to track stolen pain pills. New York police will begin asking city pharmacies to stock decoy bottles fitted with GPS devices among powerful painkillers like Oxycontin and oxycodone in the latest bid to combat gunpoint robberies of drug stores. Police hope that in the event of a robbery, the 'bait bottles', which will be labeled as painkillers but filled with harmless placebos, will lead them back to large stocks of stolen prescription drugs.

2.  Software company SAP says Q4 sales up 12 pct. Business software provider SAP AG says sales rose 12 percent

1. Euro surges on ECB comments. The euro rose against the dollar in Asia on Monday after the European Central Bank chief's positive comments last week about the beleaguered eurozone's outlook, analysts said. The euro was at $1.3394 in morning Asian trade Monday as compared to $1.3341 in the US late Friday. The US dollar was at 89.53 yen from 89.18 yen, and the euro traded at 119.92 yen from 119.00 yen.

2. Stock index futures trade flat to higher. Stock index futures pointed to a flat to higher open on Wall Street on Monday, with futures for the S&P 500 up 0.1 percent at 0844 GMT.

1. 50 bps rate cut likely in RBI policy review: Credit Suisse. The Reserve Bank is likely to cut key interest rates by 0.50%, to 7.5%, in the forthcoming monetary policy review on easing inflationary pressures, says a Credit Suisse research report. Positive surprises in the recent WPI inflation data -- both headline and core -- and likely ebbing of inflationary pressures may prompt the central bank to cut key interest rate in its next policy meet.

2. MNC insurers pitch for hike in FDI cap to 49%. Increase in limit will improve insurance penetration in India.

1.  Android challenges the iPhone in every category. For the past month, I have been using an HTC Droid DNA, which has similar specs to the rumored upcoming Samsung Galaxy S4. People approach me at grocery stores, airports, coffee shops, even on the street and ask me about the phone. The device is indeed quite compelling, even from a distance. The HTC DNA has an amazingly bright 1080p HD display with a higher resolution than Apple's iPhone 5 Retina display. The operating system is modern with dynamic widgets that tell you at a glance what's going on.

1. Dish Makes Bid to Run Away With Clearwire. Dish Network has submitted an unsolicited bid to buy wireless carrier Clearwire, topping the offer from part-owner Sprint. Clearwire's spectrum licenses are a coveted asset that both companies would like to get their hands on. Dish Network has made a multifaceted offer to acquire all or part of Clearwire, potentially complicating Sprint's recent proposal to acquire the rest of the wireless network operator. Sprint, which is already Clearwire's majority stakeholder, last month announced a proposal to buy the remaining 49 percent of Clearwire. The agreement is still subject to regulatory approval.