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Frontpage > Business
House gridlock on IDBI revamp
Plans to corporatise and restructure Industrial Development Bank of India (IDBI) were snagged in a legislative gridlock after the Opposition tried to use dilatory and filibustering tactics to stall the introduction of a controversial Bill that would ...  | Read.. 
 
Gilts dazzle companies
With banks showing a clear reluctance to accept large deposits, companies have started parking their short-term surpluses in ...  | Read.. 
 
Russia moots JVs to wipe off debt pile
Russia today said India’s rouble debt could be liquidated through investments by Russian firms in joint ventures with Indian ...  | Read.. 
 
SBI chief hints at further rate cuts
A month after the bank rate cut by the Reserve Bank and the reduction in lending rates by banks, State Bank of India today h ...  | Read.. 
 
Big Bull in sick bay keeps cops on toes
Ketan Parekh’s lawyer Mahesh Jethmalani said the Big Bull would come to Calcutta and appear before the chief metropolitan ma ...  | Read.. 
 
On the fast track: Porsche AG chief executive Wendelin Wiedeking poses with a 911 convertible during a press conference in Stuttgart on Wednesday. Aft ...  | Read
Sensex
3207.36
-22.78
 
Stock Indices
BSE-1001577.19(-24.04)
S&P CNX Nifty1036.04(-18.06)
Calcutta112.17(-0.59)
GDR492.78(-7.03)
 
 
Nokia WiLL struggles to fit the bill
Nokia, the world’s largest cellphone maker and the pioneer of the global system for mobile communic..  | Read.. 		 Centaur sale row grounds Centre
The government today tried to fight its way out of charges of impropriety in the disinvestment of C..  | Read.. 
 
Govt bonds gleam, stocks slide again
Government security prices firmed up today after a roller-coaster session, helped by remarks that t..  | Read.. 
 
ONGC Videsh runs the Kazakhstan gauntlet
Oil prospecting is a game of Russian roulette—you hit pay dirt or get blown apart. But ONGC Vid..  | Read.. 
 
Steel giants go strong on brand building
Indian steel companies like Tata Steel, Steel Authority of India Ltd (SAIL), Ispat and the Essa..  | Read.. 
 
Clamour against cut in import duties
Faced with a scenario of high non-tariff barriers imposed by most steel-producing nations, dome..  | Read.. 
 
Venture capital guidelines up for review
The Securities and Exchange Board of India (Sebi) plans to bring about a few modifications in i..  | Read.. 
 
TCS maiden issue next year
Information technology major Tata Consultancy Services plans to come out with an initial public off..  | Read.. 
 
ICICI Pru Life to hike equity base by Rs 50 cr
ICICI Prudential Life Insurance plans to hike its equity base by Rs 50 crore by the end of the ..  | Read.. 
 
FDI worth Rs 153 cr cleared
The government today cleared UK-based Barnford Excavators proposal to raise foreign equity from..  | Read.. 
 
Selloff cushion
New Delhi, Dec. 4 (PTI) The government today said a disinvestment fund would be created for w..  | Read.. 
 
AROUND THE GLOBE
Wall Street warhorses fined for e-mail blooper
Regulators fined five of the largest brokerage firms in the US on Tuesday for failing to preser..  | Read.. 
 
Vivendi pulls off Cegetel buyout
Showing signs of renewed vigour after declaring last week that its cash crisis was over, Vivend..  | Read.. 
 
AOL Net recast fails to inspire
AOL Time Warner laid down a long-term recovery plan on Tuesday for its embattled internet unit,..  | Read.. 
 
Disney revises Q4 profit
Walt Disney Co. said Tuesday it has lopped $ 47 million off its previously reported fourth-quar..  | Read.. 
 
Sales at Ford, GM skid in Nov.
Sales at General Motors and the Ford Motor Co fell sharply in November from robust levels a yea..  | Read.. 
 
CORPORATE BRIEFS
LG PCs arrive in the east
Om Kotak
Honda Siel
Eicher sales
Rites contract
J B Chemicals
 
AIG Fund ready to quit Idea
Wipro float
Uco rates
BPL Telecom
Ranbaxy nod
 
Share Prices
NameBSENSE
HLL171.55
(-0.08)		171.09
(-0.01)
ITC649.04
(-0.09)		647.65
(-2.35)
Infosys4405.08
(-155.55)		4413.15
(-146.09)
Reliance292.06
(+1.95)		292.05
(+1.15)
Wipro1536.05
(-172.05)		1542.85
(-168.65)
Zee91.00
(-5.05)		95.00
(-2.01)
Foreign Exchange
US $1 : Rs 48.21UK £1 : Rs 75.08
Euro : Rs 48.29Yen 100 : Rs 38.73
SW Fr1 : Rs 32.03Aus $1 : Rs 26.65
Sing $1 : Rs 26.95HK $1 : Rs 6.01
Bullion
Calcutta
Gold Std (10gm)Rs. 5355
Gold 22 CaratRs. 5055
Silver bar (1kg)Rs. 7625
Silver PortionRs. 7725
Bombay
Gold Std (10gm)Rs. 5240
Gold 22 CaratNA
Silver bar (1kg)Rs. 7785
Silver PortionNA
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