Highlights

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COMPANIES

• DCA to refer select cases to serious frauds probe office
• Boeing, Airbus asked to submit bids by Jan 17
• Radico Khaitan launches Special Appointment whiskey
• Ceejay unveils NuLife for tobacco addiction treatment
• Samsung turnover at Rs 1,700 crore
• Microsoft opens guarded source code to govts
• ICC receives Indian players' contracts
• Moody's cuts RIL outlook from stable to negative
• Transworks plans to raise $5-7m in third round
• Toyota Corolla priced at Rs 9.8 lakh
• Naidu offers more land for Infosys Hyderabad centre
• MoU signed for golf course near Hyderabad
• Armour to focus on Asia
• Reliance's IndiaMobile services to roll out today
• Radico Khaitan plans Rs 25-cr investments
• Indians to get a taste of Guyanese rum soon
• Ford hopes to sell 20,000 cars this year

INTERNATIONAL BUSINESS

• Fiat execs to meet GM, banks discuss spinoff
• Kmart shutting stores, slashing jobs
• WorldCom CEO outlines turnaround plan
• BoJ pulls up its socks
• Global bond defaults hit record $177bn in ’02: S&P
• CNN head Isaacson steps down

GENERAL

• Tax collection zooms 17.19 percent during Apr-Dec
• Panel mulls steps to check cheap vanaspati imports

BANKING AND FINANCE

• Home loans drive IDBI Bank’s retail assets to Rs 1,038 crore
• Union Bank seizes defaulters’ assets
• IDBI slashes rates for Flexibond-17
• RBI notification on Nedungadi merger this month
• PHF Leasing FD issue downgraded
• Birla Sun Life adds `waiver of premium' rider
• 43 per cent priority sector lending target achieved
• SBI plans integration across group banks

CAPITAL MARKET

• Birla MF's new plan to bet on `dividend yield'
• Narrow movement
• Bajaj Auto gains ahead of Q3 numbers
• Sify, rediff gain on global trend
• TTD order lifts Ramco Systems
• Cadbury delisting from Jan 20
• Gilt trading on NSE from tomorrow
• Rupee steady; gilts rally