COMPANIES

• Tata Sons places Rs 125-crore NCDs with Central Bank
• Panna-Mukta-Tapti operatorship issue close to Resolution
• Volvo Construction lines up slew of products for ’03-’04
• Mumbai HC rejects McDowell civil suit against Shaw Wallace
• ONGC may rush to market for Rs 10,000-cr payout
• Reliance Infocomm engages all & sundry
• Sarabhai plans to rejig operations
• Agri-insurance firms to get cracking in Jan
• Power tariffs force Indal to close smelter unit
• ITC Hotels plans overseas foray
• Opto Circuits buys US firm's patient division
• IOC to unveil high-end fuel in 25 cities
• Tata Steel bags CII award
• Pramati to offer Web services to stay ahead
• Blue Star upbeat on new line of business
• Maxima Watches claims second spot in volumes

INTERNATIONAL BUSINESS

• Prosecutors oppose plea to shift Scott Sullivan trial
• Japan's Sumitomo, UFJ look to boost finances
• White House under pressure to open up oil reserves
• Amgen, ZymoGenetics settle patent row
• 2003 may be tough on S Korean auto makers
• China's first 'zero pollution' battery bike launched
• S Korea fines Asiana Airlines, 11 other firms

GENERAL

• AEPC flays move to deny duty drawback benefits
• White goods ind sees red in CII proposal of 4-tier tax structure
• Govt moots ocean freight subsidy for sugar export
• Sugar mills in South may challenge SMP revision

BANKING AND FINANCE

• Vijaya Bank's tom-tom makes an impact
• Pvt companies garner 9 per cent of new life insurance biz
• IDBI calls for lenders meet to consider Binny asset sale
• SBI plans treasury-ALM system to streamline ops
• ICICI Bank unveils Rs 145-cr asset-backed debt issue

CAPITAL MARKET

• SEBI allows 500 more cos to file documents electronically
• Demutualised stock exchanges - Broker-members' voting rights may be capped