COMPANIES

• Sterling Infotech buys RPG Cellular
• Wimco to adjust loss from share premium
• Balrampur Chini sugar complex gets under way
• Bharat Forge plans to raise Rs 350 crore for expansion
• SSI board meets today to discuss tech business restructuring
• JP Mobile eyes acquisitions
• Govt seeks extradition of former Union Carbide chairman
  

GENERAL

• Net direct tax collections up 23.5%
• Fog effect in North

BANKING AND FINANCE

• CLB suspends Tamilnad Mercantile Bank board
• Syndicate Bank pays Rs 35-crore interim to Govt
• Bancassurance meet on Dec 24
  

MARKETS

• Funds drive Sensex past 5,500 mark
• Magnum NRI Fund launched
• IOC plans domestic, GDR route for cross-holding sales

INTERNATIONAL BUSINESS

• IBM wins 400-million euro Spanish IT deal
• Goldman Sachs, Morgan beat profit forecast
  

PEOPLE

• Ramesh Gelli's son to join GTB board
• Organisational changes in Bayer India