The Telegraph - Calcutta : Business

| Wednesday, December 03, 2003 |

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Since 1st March, 1999

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HSBC opens account with UTI Bank

Hong Kong and Shanghai Banking Corporation (HSBC) has acquired 14.71 per cent in UTI Bank from CDC Financial Partners in a Rs 300-crore deal that pitchforks it to the top league of Indian banking industry. ... | Read..

Cabinet clears Rs 552-crore trade prop

The Union cabinet today approved a Rs 552-crore modified market access initiative (MAI) scheme to meet the objectives se ... | Read..

New step to manage liquidity

Banks could soon be allowed to keep deposits over and above the required cash reserve ratio (CRR) with the Reserve Bank ... | Read..

WTO backs India in tariff row

The dispute settlement panel of the World Trade Organisation (WTO) has ruled in India’s favour over the violation of nor ... | Read..

ONGC in a tailspin over choppers

The ONGC management is likely to come under fire with the enquiry committee's interim report on the ill-fated helic ... | Read..

Hong Kong and Shanghai Banking Corporation (HSBC) has acquired 14.71 per cent in UTI Bank from CDC Financial Partners in a Rs 300-crore deal that pitc ... | Read

Sensex

5186.08

+25.23

Stock Indices

BSE-100	2647.91	(+0.14)
S&P CNX Nifty	1658.05	(+0.85)
Calcutta	193.99	(+2.87)

Bengal SOS for Haldia dock
The Bengal government has proposed that Indian Oil Corporation (IOC) make investments to set up.. | Read..

WiLL warriors take battle into basic brigade’s camp
There are statistics now to back up what has always been suspected. The great shift has begun i.. | Read..

EPF to finalise adviser today

The trustees of the country’s largest pension fund, Employees Provident Fund (EPF), will hold a.. | Read..

BPCL shortlists Bihar, Jharkhand for LPG plant

Bharat Petroleum Corporation Ltd (BPCL) is planning to set up another liquefied petroleum gas (.. | Read..

ICICI Bank helpline for Bengal jewellery hub

ICICI Bank will provide offshore banking unit (OBU) facilities to the entrepreneurs of Manikanc.. | Read..

Thrice-a-week SIA service to Calcutta

Singapore International Airlines (SIA) plans to increase frequencies to Calcutta and Bangalore,.. | Read..

RBI calls for new sterilisation tools

An internal group of the Reserve Bank of India (RBI) has called for an addition of new instrume.. | Read..

Cement prices firm up in east

Leading cement manufacturers have joined forces to raise price in the east by nearly Rs 10 per .. | Read..

Stocks test 5200-mark

After an initial bout of weakness, stocks picked up from where they had left yesterday as the s.. | Read..

Monster Worldwide buys out local unit

Monster Worldwide Inc, the world's largest Yellow Pages advertising agency and one of the .. | Read..

Cognizant buys Infopulse

Cognizant Technology Solutions has acquired the Netherlands-based Infopulse for $5 million as p.. | Read..

CORPORATE BRIEFS

PNB cuts home loan rates

Share Prices

Name	BSE	NSE
HLL	177.95 (-1.00)	178.35 (-0.08)
ITC	878.35 (+7.05)	876.08 (+4.95)
Infosys	5146.35 (-30.00)	5138.01 (-25.02)
Reliance	501.09 (+10.03)	499.06 (+7.35)
Wipro	1565.02 (-53.09)	1565.00 (-50.25)
Zee	132.07 (+0.45)	132.65 (+0.35)

Foreign Exchange

US $1 : Rs 45.07	UK £1 : Rs 78.58
Euro : Rs 54.07	Yen 100 : Rs 41.67
HK $1 : Rs 5.08	SW Fr1 : Rs 34.08
Sing $1 : Rs 26.02	Aus $1 : Rs 32.85

Bullion

Calcutta
Gold Std (10gm)	Rs. 6155
Gold 22 Carat	Rs. 5810
Silver bar (1kg)	Rs. 8625
Silver Portion	Rs. 8725
Calcutta
Gold Std (10gm)	Rs. 6155
Gold 22 Carat	Rs. 5810
Silver bar (1kg)	Rs. 8625
Silver Portion	Rs. 8725
Bombay
Gold Std (10gm)	Rs. 6070
Gold 22 Carat	Rs. 6030
Silver bar (1kg)	Rs. 8805
Silver Portion	NA