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IN TODAY'S PAPER
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Since 1st March, 1999
 
THE TELEGRAPH
 
CIMA Gallary
 
Lyons Range shutdown spills over
Stockbrokers across the country are planning to go on a one-day strike in protest against the capital market regulator’s indifference towards regional stock exchanges and the astronomical turnover tax levied on them. ...  | Read.. 
 
How Parekh could have saved skin
It is now evident that the management of the Calcutta Stock Exchange headed by president Kamal Parekh could have staved off ...  | Read.. 
 
Morgan goes weight-lifting
A day after Moody’s said it could review India’s forex rating, Morgan Stanley Capital International (MSCI) today raised ...  | Read.. 
 
Stocks shine, rupee at 11-month high
The spate of positive announcements in the last few days breathed life into the local financial markets with the main index ...  | Read.. 
 
CII leads the way in Asean quest
Within days of the first Asean-India summit level talks in Phnom Penh, the country’s most influential chamber—the Confederat ...  | Read.. 
 
CSE wears a deserted look on the first day of brokers’ strike. Picture by Kishor Roy Chowdhury
Sensex
3033.91
+47.35
 
Stock Indices
BSE-1001502.38(+20.64)
S&P CNX Nifty990.35(+18.45)
Calcutta103.96(+0.37)
 
 
Fund wastage irks private telecom firms
Private fixed-line operators are unhappy over the non-utilisation of the more than Rs 1,200-cr..  | Read.. 
China charm offensive takes trade fair by storm
Avanti is the Italian word for enter: it isn’t peremptory, rather an invitation to come in. But in ..  | Read.. 
 
Moody’s hints at banks’ upgrade
A day after putting India’s foreign currency rating for a possible upgrade, global rating agency M..  | Read.. 
 
RBI calls for bad-loan purge
Prompt remedial actions are required to reduce the net non-performing assets (NPAs) of commercial b..  | Read.. 
 
IOC keen on ONGC Sudan venture
State-run refiner Indian Oil will acquire 10 per cent participating interest from ONGC Videsh Limi..  | Read.. 
 
Brand blitzkreig harbinger of retail boom
Does retailing “numb your senses and excite your wallets?” When it does, the retailing concept ..  | Read.. 
 
Swank malls hold key to the future
Big Bazaar in Calcutta and Ansal Plaza in New Delhi are both shopping malls—out to give the cus..  | Read.. 
 
UTI Bank plans to hike Tier-I capital by 20%
UTI Bank is planning to raise around Rs 80-100 crore this fiscal for augmenting its capital adequac..  | Read.. 
 
Templeton hikes exposure to oil sector
Mutual fund Templeton has raised exposure to oil and natural gas in its Rs 333.36-crore Bluechip fu..  | Read.. 
 
Indian Bank cuts home loan rates by 1%
Joining the bandwagon of other leading banks in slashing interest rate on home loans, Indian Bank h..  | Read.. 
 
Animation firms come together
With the Confederation of Indian Industry (CII) having declared 2002-2003 as the ‘Year of Multi..  | Read.. 
 
NHB wants risk on mortgage debt pruned
National Housing Bank (NHB) is likely to approach the Reserve Bank of India with a proposal to red..  | Read.. 
 
Citibank prepaid dollar card
Citibank India today launched the Citibank World Money Card, a product that may make travellers’ ch..  | Read.. 
 
AROUND THE GLOBE
Dell logs into strong quarter
Dell Computer reported strong gains in quarterly profits and sales Thursday, matching Wall Stre..  | Read.. 
 
Greater role for top Ford man
The Ford Motor Co. on Thursday expanded the duties of David W. Thursfield, one of its top execu..  | Read.. 
 
Grubman’s inbox spills out more dirt
Jack B. Grubman, the Citigroup analyst, boasted in an e-mail message early last year that he an..  | Read.. 
 
Deutsche Tele gets new chief
Deutsche Telekom, the debt-burdened German telephone colossus, named the 41-year-old son of one..  | Read.. 
 
GE seeks $ 160 m from Enron
General Electric Co is seeking a refund from Enron Corp of $ 160 million, about half the amount it ..  | Read.. 
 
CORPORATE BRIEFS
Jindal keen on Orissa unit
NCR plan
J M Mutual
NEC Corp
MBT net up
Bank of Baroda
 
Colgate to pay 22.5%
FII hedge
BSNL tariff
Sebi ban
 
Share Prices
NameBSENSE
HLL158.95
(+0.09)
159.25
(+1.15)
ITC617.09
(+6.25)
617.55
(+6.35)
Infosys4330.08
(+197.03)
4312.04
(+192.03)
Reliance268.15
(+3.25)
268.02
(+3.03)
Wipro1598.09
(+66.95)
1603.00
(+70.55)
Zee94.95
(+3.09)
95.00
(+3.95)
Foreign Exchange
US $1 : Rs 48.02UK £1 : Rs 76.08
Euro : Rs 48.38Yen 100 : Rs 39.96
HK $1 : Rs 6.01SW Fr1 : Rs 32.55
Sing $1 : Rs 27.00Aus $1 : Rs 26.75
Bullion
Calcutta
Gold Std (10gm)Rs. 5355
Gold 22 CaratRs. 5055
Silver bar (1kg)Rs. 7800
Silver PortionRs. 7900
Bombay
Gold Std (10gm)Rs. 5230
Gold 22 CaratNA
Silver bar (1kg)Rs. 7870
Silver PortionNA