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  |  Thursday, November 28, 2002 | Advertise with us
 
 
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Frontpage > Business
GM global allies eye local links
General Motors is getting ready to stake out the turf in India. ...  | Read.. 
 
US junk bond kings sniff for bad-debt deals
American junk bond kings are coming to India looking for bargain-basement deals by snapping up the non-performing assets (NP ...  | Read.. 
 
Probe reaches Grasim-RIL deal
The Securities and Exchange Board of India (Sebi) today told a tribunal it had widened its investigation into the L&T op ...  | Read.. 
 
Letters fly on spin-off
Does Grasim exercise any influence over L&T? Boardroom battles and posturing by both sides spilled into the open for ...  | Read.. 
 
Stage set for company tribunal
The Cabinet has cleared the setting up of the Company Law Tribunal replacing the Company Law Board and the Board for Industr ...  | Read.. 
 
Card Comfort: SBI chief general manager (Bengal circle) K. Keshavamurthy (left) and general manager K. P. Vij in Calcutta on Wednesday at the launch o ...  | Read
Sensex
3174.11
-13.65
 
Stock Indices
BSE-1001565.69(-1.46)
S&P CNX Nifty1031.01(-5.05)
Calcutta110.04(+0.26)
GDR487.42(+0.06)
 
 
Esselgroup firm turns retail focus to convergence
Esselgroup company Agrani Convergence plans to set up around 800 retail outlets across the coun..  | Read.. 		 Pizza makers want a bigger pie
US-based pizza majors—Pizza Hut and Domino’s—are busy tossing plans to expand the number of out..  | Read.. 
 
Apex court reserves order on limited mobility
The Supreme Court today reserved its order on petitions by cellular operators challenging the contr..  | Read.. 
 
Cell firms ready to match WiLL
Cellular operators today offered to match the rates at which basic telephony operators provide limi..  | Read.. 
 
Pfizer to sell off Protinex
Pfizer India’s famed protein supplement brand Protinex is finally changing hands...  | Read.. 
 
Lok Sabha clears Sebi Act
The Lok Sabha today passed the Securities and Exchange Board of India (Amendment) Bill, 2002, which..  | Read.. 
 
IA Malaysia quest cleared
The Union Cabinet has cleared an air services agreement between Indian Airlines and Malaysian A..  | Read.. 
 
Gail sets up liaison panel on Haldia Petro
The Gail board, which met today to discuss about their investments in Haldia Petrochem (HPL), h..  | Read.. 
 
Telecom panel to sort out issues with gear makers
The communications ministry has set up a committee headed by telecom secretary Vinod Vaish to t..  | Read.. 
 
Milton IPO for expansion
Thermoware manufacturer Milton Global is planning a public issue as and when the market looks u..  | Read.. 
 
ONGC sees huge gains from global investments
State-run Oil and Natural Gas Corporation (ONGC) is likely to net about $ 1,250 million in revenue ..  | Read.. 
 
IRDA seeks insurance awareness
The chairman of the Insurance Regulatory Development Authority (IRDA) N. Rangachary today said ..  | Read.. 
 
Daimler to supply more auto parts to parent
Luxury car maker DaimlerChrysler India said it will increase exports of auto components to $ 50 mil..  | Read.. 
 
AROUND THE GLOBE
WorldCom reaches partial settlement with watchdog
WorldCom, the troubled long-distance carrier, struck an agreement with the Securities and Excha..  | Read.. 
 
GM arm to shed jobs
General Motors Corp’s loss-making Saab unit said on Wednesday it planned to cut 20 per cent of its ..  | Read.. 
 
Crisis over, Vivendi ready to bag Cegetel
Vivendi Universal boasted Tuesday that its cash crisis was over. ..  | Read.. 
 
Ex-Enron official pleads guilty
A former Enron executive who helped structure transactions with off-the-book partnerships plead..  | Read.. 
 
CORPORATE BRIEFS
NIIT arm inks $10m BPO deal
Wipro Infotech
Sony Ericsson
Altosys pact
IDBI-Principal
Ashok Leyland
 
TCS goes on hiring binge
Siemens plan
UTI Bank rates
Bank of Baroda
Rupee declines
Sterlite Optical
 
Share Prices
NameBSENSE
HLL169.01
(+2.01)		168.55
(+1.05)
ITC625.45
(-8.05)		624.00
(-10.09)
Infosys4446.08
(-38.95)		4451.55
(-50.15)
Reliance287.06
(-4.45)		287.03
(-5.01)
Wipro1637.35
(+23.95)		1639.01
(+27.05)
Zee93.55
(-1.05)		93.45
(-1.03)
Foreign Exchange
US $1 : Rs 48.24UK £1 : Rs 74.81
Euro : Rs 47.88Yen 100 : Rs 39.61
HK $1 : Rs 6.01Sing $1 : Rs 26.95
SW Fr1 : Rs 32.05Aus $1 : Rs 26.65
Bullion
Calcutta
Gold Std (10gm)Rs. 5350
Gold 22 CaratRs. 5050
Silver bar (1kg)Rs. 7650
Silver PortionRs. 7750
Bombay
Gold Std (10gm)Rs. 5220
Gold 22 CaratNA
Silver bar (1kg)Rs. 7725
Silver PortionNA
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