COMPANIES

• Tata Chemicals raises $20 million
• Wipro acquires lease rights on Chandrika
• Novar to source electric tools from Chennai plant
• BPCL board meet on Dec 26 to consider interim dividend
• ITI declared potentially sick
• Soffia shareholders okay $100-m bonds issue
• Compudyne to partner Logistic Solutions
• Satyam implements SAP for Lanka company
• Wipro to open call centres in Bengal soon
• Casino group to focus on core competence
• Zee Tele arms to merge
• Magors may divest Williamson Tea stake
  

GENERAL

• Petrol, diesel dearer by Re 1
• Cyclone hits AP coast, 11 killed
• IT sector salaries on rise: Survey

BANKING AND FINANCE

• Allianz Floats IT Arm
• Maharashtra banks may sell stamp paper
• Kerala to have world's first-ever floating ATM
• PNB plans to network 2,500 branches by 2005
• Union Bank to market HDFC Standard Life products
• IOB in pact with TTK group for NRI services
• IDBI to get Rs 2,500-crore recap assistance
• Crisil rating for Federal Bank FDs
  

MARKETS

• Sensex rises to 44-month high
• SEBI to probe Arora's personal investments
• Anil Ambani raps NSE for delaying bond issue
• SEBI panel moots whistle-blower policy
• Compliance officers must for AMCs
• SEBI suspends CSE member
• Two-day meet on capital market

INTERNATIONAL BUSINESS

• IBM to move jobs out of US
• Infosys bags contract from NMB Bank
• McDonald's to Sell Donatos
• Asia's IT industry to grow by 11 per cent
  

PEOPLE

• Rama Rao GM for NTPC Simhadri power plant