The Telegraph - Calcutta : Business

| Friday, November 22, 2002 |

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SBI bites into deposits again

State Bank of India (SBI) today announced an across-the-board reduction in deposit rates, the second time in a month it pinched depositors hard. ... | Read..

Stranglehold risk in sale of UTI-II

Top finance ministry officials fear that foreign institutional investors will gain total dominance over the Indian stock mar ... | Read..

Grasim fails to win breather

The Securities and Appellate Tribunal (SAT) has deferred its decision on Grasim Industries’ appeal against the Securities an ... | Read..

Kelkar blames tax sops for high interest rates

Vijay Kelkar, chairman of the task force on tax reforms, today defended the panel’s proposals to withdraw tax exemptions ... | Read..

Birla Sun keen to buy Zurich, Alliance funds

Birla Sun Life Mutual Fund is keen to grow through acquisitions. It is eyeing Alliance and Zurich mutual funds, which ar ... | Read..

Purwar: Hitting hard

Sensex

3101.36

+25.88

Stock Indices

BSE-100	1527.04	(+7.31)
S&P CNX Nifty	1008.75	(+7.15)
Calcutta	105.91	(+0.11)

Brokers block CSE accounts
Brokers blocked Calcutta Stock Exchange’s (CSE) accounts for fiscal 2001-02 at the annual general m.. | Read..

Gesco wades out of SCI selloff
Great Eastern Shipping Company (Gesco) today decided to pull out from the disinvestment process of .. | Read..

Core sector in fine fettle, grows 6.1%

Sharp recovery in the petroleum refinery and electricity sectors helped the country’s six infra.. | Read..

Crisil spots recovery signals

Leading rating agency Crisil today painted an optimistic scenario on the possible turnaround of.. | Read..

More room for hotels in the City of Joy

Major five-star hotel chains are planning to increase their capacity by 40 to 80 per cent in Ca.. | Read..

Govt promises to get tough on bad loans

The central government today promised to come down heavily on major defaulters who had placed the e.. | Read..

Aviva expands operations in east

Aviva Life Insurance, one of the latest entrants in the private life insurance market, is sprea.. | Read..

Oil cos seek rise in LPG and kerosene prices

State-run oil firms have asked the government for increasing the price of domestic cooking gas (LPG.. | Read..

G-20 meet to focus on reforms

Finance ministers and central bank chiefs of the Group of 20 (G-20) countries will hold a two-day.. | Read..

Zydus inks deal with Swiss firm

Zydus Cadila, which has launched rabies vaccine, Vaxirab in technical collaboration with Swiss .. | Read..

AROUND THE GLOBE

Jewellery adorns De Beers’ crown

More than 110 years after it mined its first rough diamonds, De Beers, the dominant force in th.. | Read..

CORPORATE BRIEFS

TCS, US firm sign pact

Sensex at two-month high

Share Prices

Name	BSE	NSE
HLL	163.08 (+0.65)	163.75 (+0.03)
ITC	628.05 (+4.01)	628.07 (+4.05)
Infosys	4519.05 (+111.65)	4526.85 (+118.06)
Reliance	274.85 (+1.75)	274.07 (+1.25)
Wipro	1604.01 (+28.95)	1598.95 (+16.95)
Zee	96.65 (+0.15)	97.05 (+1.01)

Foreign Exchange

US $1 : Rs 48.19	UK £1 : Rs 75.86
Euro : Rs 48.32	Yen 100 : Rs 39.35
HK $1 : Rs 6.01	SW Fr1 : Rs 32.04
Sing $1 : Rs 26.09	Aus $1 : Rs 26.06

Bullion

Calcutta
Gold Std (10gm)	Rs. 5355
Gold 22 Carat	Rs. 5055
Silver bar (1kg)	Rs. 7775
Silver Portion	Rs. 7875
Bombay
Gold Std (10gm)	Rs. 5220
Gold 22 Carat	NA
Silver bar (1kg)	Rs. 7855
Silver Portion	NA

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