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Since 1st March, 1999
 
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Front Page > Business
Singh ushers investors into the world of gilts
The government in its effort to boost the debt market today allowed small investors to trade in government securities (G-secs) thereby providing them with an alternative market for investments. ...  | Read.. 
 
ICICI Bank shakes home-loan foundations with rate cut
ICICI Bank today set the cat among the pigeons by cutting interest rates on its floating home loan products by 50 basis poin ...  | Read.. 
 
Pant miffed at squeeze in plan kitty
Finance minister Jaswant Singh has informed Plan panel deputy chairman K. C. Pant that he will be forced to slash plan alloc ...  | Read.. 
 
Hughes Escorts, Data Access team up
Hughes Escorts Communications, India’s leading satellite-based communications service provider and Data Access (India), the ...  | Read.. 
 
US firms still prefer to pussy-foot on investments
US investors are willing to make “cautious investments” in India despite the government’s current unwillingness to relax ...  | Read.. 
 
Jaswant Singh after launching the retail trade in gilts in New Delhi on Thursday. (PTI)
Sensex
3373.52
+15.83
 
Stock Indices
BSE-1001662.45(+6.33)
S&P CNX Nifty1088.35(+3.35)
Calcutta116.13(+0.01)
 
 
Defiant cellular firms given 72 hours to reply
Bharti, Idea Cellular, Sterling Cellular and Fascel were given 72 hours to explain why they have fa..  | Read.. 		 HLL makes the right choice with Pepsi
Hindustan Lever (HLL) and Pepsi Foods today entered an alliance that will see each other marketing ..  | Read.. 
 
Foreign investors raise stake in Kotak Mahindra
Foreign institutional investors (FIIs) have built up a 9 per cent stake in Kotak Mahindra Finan..  | Read.. 
 
Balaji group plans maiden issue
The city-based Balaji group, which is setting up an integrated steel plant in Durgapur, is plan..  | Read.. 
 
Ranbaxy net up 151% to Rs 605cr
Pharma major Ranbaxy Laboratories Ltd today reported a 151 per cent rise in net profit at Rs 60..  | Read.. 
 
Political will key to e-governance boom
Political will could result in electronic governance spreading in a bigger way in India leading..  | Read.. 
 
AccPac focus on SMEs
AccPac India, the wholly-owned subsidiary of US-based Computer Associates, will focus on the sm..  | Read.. 
 
AG report on selloff likely by Monday
Attorney general Soli Sorabjee is likely to submit a report of his opinion on privatisation of ..  | Read.. 
 
Fresh trouble at Lever city factory
Employees of Hindustan Lever’s factory in Garden Reach are on a warpath with the management yet..  | Read.. 
 
AROUND THE GLOBE
Parsons ahead at AOL
As the directors of AOL Time Warner prepare for the full meeting of the company’s board on Thur..  | Read.. 
 
Yahoo looks beyond US
Buoyed by its growing sales and profits, Yahoo is planning to take its high-speed internet acce..  | Read.. 
 
Apple suffers Q1 loss on weak revenues
Apple Computer reported Monday that it lost money in its fiscal first quarter, ended in Decembe..  | Read.. 
 
Microsoft gets 120 days to ship Java
Microsoft Corp will have 120 days to release a version of Sun Microsystems’ Java programming lang..  | Read.. 
 
CORPORATE BRIEFS
Rediff expands portfolio
Centurion Bank
J&K Bank net
Tata AIG
UTI income
Birla 3M
 
UTI Bank net profit up 44%
Uco Bank rates
National Fert
Export sops
Oil prices up
 
Share Prices
NameBSENSE
HLL179.45
(-0.04)		179.35
(-0.35)
ITC681.15
(-0.01)		681.05
(-0.01)
Infosys4615.03
(+6.85)		4609.09
(-2.00)
Reliance291.08
(+0.65)		291.45
(+0.65)
Wipro1579.02
(-8.05)		1573.08
(-9.15)
Zee96.02
(-1.03)		96.25
(-1.03)
Foreign Exchange
US $1 : Rs 47.93UK £1 : Rs 76.92
Euro : Rs 50.07Yen 100 : Rs 40.67
HK $1 : Rs 6.05SW Fr1 : Rs 34.15
Sing $1 : Rs 27.03Aus $1 : Rs 27.75
Bullion
Calcutta
Gold Std (10gm)Rs. 5830
Gold 22 CaratRs. 5505
Silver bar (1kg)Rs. 8000
Silver PortionRs. 8100
Bombay
Gold Std (10gm)Rs. 5680
Gold 22 CaratNA
Silver bar (1kg)Rs. 8130
Silver PortionNA
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