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IN TODAY'S PAPER
CITY NEWSLINES
 
 
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Since 1st March, 1999
 
THE TELEGRAPH
 
CIMA Gallary
 
Ambuja-ACC deal in new glare
The Securities and Exchange Board of India (Sebi) will launch a deeper probe to determine if Gujarat Ambuja Cement’s acquisition of 14.5 per cent in Associated Cement Companies (ACC) led to a change of management control. ...  | Read.. 
 
Centre plays rescue angel to IFCI again
After the government decided in principle last month to cobble a bailout package for Industrial Finance Corporation of India ...  | Read.. 
 
Mauritius agrees to plug OCB loopholes
The government today informed the Joint Parliamentary Committee (JPC) probing the stock market scam that Mauritius is changi ...  | Read.. 
 
Purwar appointed State Bank chief
There’s a new man at the helm of the country’s largest bank. The State Bank of India finally got a chairman today in the for ...  | Read.. 
 
December deadline for rural phone
Communications minister Pramod Mahajan has set a December 31 deadline by when all private fixed-line operators must meet ...  | Read.. 
 
Ambuja-ACC deal in new glare
Sensex
2960.66
-0.58
 
Stock Indices
BSE-1001469.88(+4.15)
S&P CNX Nifty962.65(+2.08)
Calcutta103.85(+0.35)
GDR443.96(-2.02)
 
 
Reva Electric hopes to break even next year
Electronic car maker Reva Electric Car Company (RECC), which launched its air-conditioned model..  | Read.. 
VAT shock-absorbers ready
The government will provide a safety net to the states to compensate them for any loss of revenue a..  | Read.. 
 
SAIL looks at turnaround next fiscal
Steel Authority of India Ltd (SAIL), the loss-making public sector steel company, is expected t..  | Read.. 
 
Professionals to help DCA scan accounts
The Department of Company Affairs (DCA) is seriously considering a move to rope in outside prof..  | Read.. 
 
New York Life wants more of JV
New York Life, the largest insurer in the US, is ready to raise its stake to 50 per cent in its..  | Read.. 
 
Dunlop brass, unions try to get Sahagunj rolling
The senior management of the sick Dunlop India Ltd, closed since September 2001, today discussed re..  | Read.. 
 
Jumbo seeks 100% in Woodroffe
In line with plans to consolidate holdings in its group companies, Jumbo World Holdings has again ..  | Read.. 
 
Birla Tyres eyes Rs 630-cr sales
Birla Tyres, a subsidiary of Kesoram Industries Ltd, is expecting a turnover of Rs 630 crore in the..  | Read.. 
 
Centre asks NTPC to add 30,000 MW in 10 years
In a bid to achieve the target of adding 1 lakh MW power generation capacity by 2012, the Centre to..  | Read.. 
 
Cellular base up 5.2% in October
(PTI) India’s cellular subscriber base has grown by 5.21 per cent in October 2002 to touch 89.7..  | Read.. 
 
Sebi rejects CSE tax plea
Officials of the Calcutta Stock Exchange (CSE) who went to Mumbai yesterday to meet the chairman of..  | Read.. 
 
AROUND THE GLOBE
AOL head quits, deputy to step in
James de Castro resigned on Tuesday as president of America Online’s flagship interactive servi..  | Read.. 
 
Former Andersen partner sues Big 3
A retired partner of Arthur Andersen who lost $ 2.2 million in benefits when the firm collapse..  | Read.. 
 
WorldCom to cut jobs in Asia-Pacific
Embattled telecommunications firm WorldCom Inc said today it plans to lay off one-fifth of its staf..  | Read.. 
 
CORPORATE BRIEFS
Indian Overseas, LIC in pact
L&T output
UTI Bond Fund
KEC project
Hero Honda
Raja Biscuit
 
HDFC cuts lending rates
Industry leaps
FCNR options
Niko gas find
I-flex net up
 
Share Prices
NameBSENSE
HLL159.45
(-0.75)
159.65
(-0.05)
ITC610.07
(-2.04)
610.45
(-2.65)
Infosys3963.95
(+25.04)
3967.95
(+28.15)
Reliance262.08
(+1.85)
262.85
(+2.05)
Wipro1487.04
(+47.02)
1493.06
(+51.55)
Zee88.45
(-0.01)
88.05
(-0.01)
Foreign Exchange
US $1 : Rs 48.28UK £1 : Rs 76.66
Euro : Rs 48.66Yen 100 : Rs 40.23
HK $1 : Rs 6.01SW Fr1 : Rs 32.09
Sing $1 : Rs 27.05Aus $1 : Rs 26.07
Bullion
Calcutta
Gold Std (10gm)Rs. 5435
Gold 22 CaratRs. 5130
Silver bar (1kg)Rs. 7850
Silver PortionRs. 7950
Bombay
Gold Std (10gm)Rs. 5300
Gold 22 CaratNA
Silver bar (1kg)Rs. 7910
Silver PortionNA