COMPANIES

• Tata Infotech acquires 40 per cent stake in Sitel India
• Tata Steel aims to double local buying in 3 years
• Kerala soaps gets closure notice from govt
• Tatas, Birlas, Ambanis have a date with 28/12
• DD to pay 80 per cent of Cup ad revenue to rights holder
• Skoda, ICICI Bank tie up to finance cars
• DRL wins patent spat with Pfizer
• McDowell to lease foreign brands for Indian market
• Govt sets Jan 6 for Nalco due diligence
• The Indigo is Rs 4.35 lakh
• CESC to rework accounts after AGM with new rates
• Max institute gets ADB's healthcare loan
• Cummins filters come under Fleetguard brand
• Ashok Leyland launches new range of heavy vehicles
• MRF bags FICCI award for sports
• Ind-Swift board okays merger with 2 group cos
• Greaves plans tie-ups abroad
• TVS Victor sales cross 3-lakh mark

INTERNATIONAL BUSINESS

• $28 bn tobacco award slashed to $28 mn
• Oracle results beat company forecast
• Pfizer signs $100 million pact with Eyetech
• Tyco ex-director pleads guilty, to pay $22.5 mn in fine
• Nokia launches online store for phones
• Allianz chairman decides to quit

GENERAL

• Kharif loan interest waiver for drought-hit farmers
• Modified sop scheme for fertilisers soon
• India castigates Pak for putting off Saarc meet
• Truck charges up by 2-2.5 per cent

BANKING AND FINANCE

• IFC set to pick 10 per cent stake in Birla Home Finance
• Corp Bank to use LIC’s overseas property for opening offices
• CIFCL to launch co-branded credit card next month
• RBI likely to agree to reopening of Charminar Co-op Bank
• BoJ report sees uncertain economic recovery ahead
• Interest waived on kharif loans - Banks to bear brunt of Rs 2,000-cr loss
• Aviva may raise capital by Rs 50 cr
• Punjab & Sind Bank to `wear' a new look
• South Indian Bank bid to bridge NRI gulf
• LIC licence to Corpn Bank
• Banks look to IDBI for recovery against Roofit
• RBI proposes stiff prudential norms for setting up ARCs

CAPITAL MARKET

• Reliance fund raises Rs 230 cr
• FII factor raises interest in SBI
• HCL Tech jumps on restructuring
• SEBI issues norms on derivative products
• Dr Reddy's gives a shot in the arm for markets
• Re strengthens; gilts weak

PEOPLE

• Indian embassy seeks release of Arun Jain
• Sarin to be back in Vodafone as its chief