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Frontpage > Business
ITC gains, Lever loses in UTI churn
Hindustan Lever (HLL) was squeezed out, while more of ITC was tucked in as Unit Trust of India (UTI) shuffled its kitty of shares last month. Less of some companies and more of others is a trend that is in tune with the mutual fund major’s recen ...  | Read.. 
 
Selloff not to affect IA plane purchase
The government is going ahead with the proposed purchase of 43 wide-bodied planes for Indian Airlines (IA) for Rs 10,050 ...  | Read.. 
 
Videocon to invest Rs 200 cr in Bengal
Consumer electronics major Videocon will invest Rs 200 crore in Bengal in two white goods manufacturing plants. ...  | Read.. 
 
Banks want to hedge loss on bad loan sale
Banks are clamouring for possible amortisation of losses in the sale of non-performing assets to asset reconstruction co ...  | Read.. 
 
Nine phantom firms in east face prosecution
The hunt has begun for nine boomtown rats in Bengal, Bihar and Jharkhand who raised funds from the market in the glory d ...  | Read.. 
 
SUPER EGO: Visitors take a look at the ‚e-go™, an electric three-wheeler scooter, at the Vaahan Yatra, a car and bike expo, in Bangalore on Thursday. The noise and pollution-free vehicle is priced at Rs 18,000. (AFP)
Sensex
3080.07
-3.68
 
Stock Indices
BSE-1001550.73(-7.35)
S&P CNX Nifty985.07(-2.75)
Calcutta111.98(+0.13)
GDR466.83(-1.43)
Share Prices
NameBSENSE
HLL177.95
(-1.95)		177.95
(-1.09)
ITC678.95
(-2.05)		679.45
(-3.03)
Infosys3363.75
(-34.65)		3371.03
(-20.15)
Reliance247.65
(+2.35)		247.65
(+2.45)
Wipro1193.01
(-33.25)		1199.75
(-25.45)
Zee106.75
(-2.00)		106.07
(-2.15)
 
 
The art of becoming a good salesman
Remember the days when Lalitaji would tell you how buying one brand of detergent meant ‘samajhd..  | Read.. 		 Finance minister wants North Block to be DCA’s address
The department of company affairs (DCA), which was taken out from the ministry of law, justice ..  | Read.. 
 
More skeletons may pop out of Home Trade cupboard
The Home Trade scam could involve misappropriation of at least Rs 500 crore, as irregularities have..  | Read.. 
 
IndusInd, IEFL decide on 1:1 swap ratio
The board of directors of IndusInd Bank Ltd and IndusInd Enterprises & Finance Ltd (IEFL) h..  | Read.. 
 
Telco offers two-way fungibility
Tata Engineering & Locomotive Co Ltd (Telco) became the latest addition to the two-way fung..  | Read.. 
 
Shot in arm for gilts auction
With a view to encouraging wider participation and retail holding of government securities, the..  | Read.. 
 
Indo Rama set to go ahead with expansion
Polyester giant Indo Rama Synthetic (India) Ltd will go ahead with an investment plan of Rs 600 cro..  | Read.. 
 
Export surge cheers Japan
Japanese exports rose for a fourth straight month in July, giving manufacturers some relief from po..  | Read.. 
 
HSBC to buy Mexican bank
Global banking group HSBC Holdings Plc said on Wednesday it agreed to buy Mexico’s No. 5 bank Grupo..  | Read.. 
 
Kenwood seeks funds support
Japan’s debt-striken audio equipment maker Kenwood is in talks with creditors led by Asahi Bank Ltd..  | Read.. 
 
US auto sales on fast track
Auto makers and industry experts see August shaping up as another hot month for US vehicle sales, t..  | Read.. 
 
Enron’s trail of mess leads to former CFO
A former Enron executive has pleaded guilty to siphoning off millions of dollars and accused the en..  | Read.. 
 
Promoters lower SRF stake
Even as SRF Ltd is undergoing massive restructuring and is scouting for acquisitions to fuel growth..  | Read.. 
 
Global food prices to shoot up
A change in global climatic pattern witnessed in recent years in a manner adversely effecting agric..  | Read.. 
 
CORPORATE BRIEF More..
BPCL plans mart at pumps
JM Mutual
Wipro Infotech
First Flight
Nicholas CP
Bhel contract
 
Open offer for IPCL a big draw
ONGC Videsh
Tata Finance
SEZ clearance
 
Foreign Exchange
US $1 : Rs 48.53UK £1 : Rs 74.16
Euro : Rs 47.42Yen 100 : Rs 40.08
SW Fr1 : Rs 31.85HK $1 : Rs 6.15
Bullion
Calcutta
Gold Std (10gm)Rs. 5190
Gold 22 CaratRs. 4900
Silver bar (1kg)Rs. 7625
Silver PortionRs. 7725
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