Delhi Police arrested two persons for their alleged involvement in the abduction and rape of a 30-year-old call centre employee here last week.

The two identified as Shamshad and Usman have a criminal background and were allegedly involved in a gang rape case earlier also.

DCP (south) HGS Dhaliwal said, "Two persons have been arrested. We have learnt that another person has surrendered in a Haryana court. We are looking for the other two accused".

Shamshad and Usman, who are in their early 20s, were picked up for questioning from Haryana's Mewat district late last night.

The incident took place on November 26 when the Mizo woman was walking towards her home in Moti village near Dhaula in south Delhi early last Wednesday morning along with one of her colleagues when the men in a vehicle abducted her and took turns to rape her.

Wipro Chairman Azim Premji will transfer company shares worth Rs 8,846 crore to his endowment trust later this month, with a view to fund philanthropic activities taken up by the body.

Once the share transfer is complete, the promoters' stake in Wipro would come down to 72 % from 79.36 %at present, according to a company official.

Premji, who is also Wipro founder, plans to set up the Azim Premji University, which is expected to start operations next year.

The university will offer programmes and conduct research in the field of education and other related areas.

 "The trust will fund the philanthropic activities of the Foundation and not (for) any other purpose," Azim Premji Foundation CEO Dileep Ranjekar replied in the negative.

Shares of Wipro closed at Rs 414.55 on the Bombay Stock Exchange today, down 1.34 per cent from the previous close.

Food inflation fell to four months' low at 8.60 percent for the week ended November 20, as prices of vegetables, wheat and pulses declined on increased output and arrival of kharif crop in the market.

Food inflation in the previous week was 10.15 percent.

Decline in food inflation has raised hopes that overall inflation may decline to around 6 percent by the end of the year, as predicted by the government

With escalation in militancy related violence in Kashmir, a senior Army officer briefed Jammu and Kashmir Chief Minister Omar Abdullah about the general security situation in the valley.

The meeting comes close on the heels of two encounters in Srinagar in which six JeM militants and a policeman were killed.

While three JEM militants were killed in a gunbattle with a joint search party of Police and Army at Maloora on October 27, three ultras riding a motorcycle were killed in an encounter with police at Qammerwari in the city on Monday.

A policeman also lost his life during the encounter.

Finance Minister Pranab Mukherjee is scheduled to meet IMF Chief Dominique Strauss Kahn in the backdrop of a global consensus being reached for reform of the financial body by giving more voting rights to emerging market economies.

Kahn, the Managing Director of the International Monetary Fund (IMF) and a former French Finance Minister, will also address Indian industry captains during his visit here.

The grant of a 6 percent additional voting quota to emerging economies will push up India's rank in the IMF to 8th from 11th at present in terms of voting powers.

Neighbouring China will also see its ranking improve to 3rd place from 6th at present.

Voting rights in the IMF are based on various parameters like a country's GDP, openness, forex reserves, etc.     

Emerging market economies contribute around 47.5 % to the global economy in terms of purchasing power parity, but only enjoy 39.5 % of voting rights in the IMF.

Their voting rights in the 187-nation body IMF will increase to over 45.5 %once the reform measures are implemented.