The Telegraph - Calcutta : Business

| Saturday, December 20, 2003 |

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Santa comes to markets early

Santa Claus arrived early this year on markets, where stocks vaulted to a 45-month closing high and took the BSE sensex past 5550-mark today. ... | Read..

March date for Bharti’s Hexacom deal

The Bharti group is planning a complete acquisition of Hexacom, the cellphone service provider in Rajasthan, by March next y ... | Read..

IDBI rules out reverse merger

Industrial Development Bank of India (IDBI), the Mumbai-based state-run financial institution, today ruled out the reverse m ... | Read..

Sterling buys out RPG in cell firm

RPG Enterprises has divested its 79.24 per cent stake in RPG Cellular Services Ltd (RCSL) to the Sterling group for an undis ... | Read..

IOC maps out cross-holding sale strategy

Indian Oil Corporation (IOC) is open to the option of offloading its shares in Oil and Natural Gas Corporation and Gail (In ... | Read..

The hampers are here already: Santa Claus arrived early this year on markets, where stocks vaulted to a 45-month closing high and took the BSE sensex past 5550-mark today.

Sensex

5541.35

+86.35

Stock Indices

BSE-100	2892.48	(+48.63)
S&P CNX Nifty	1778.55	(+22.45)
Calcutta	208.22	(+2.63)

IOC’s Haldia offer on lenders’ table
Industrial Development Bank of India (IDBI) may consider Indian Oil’s investment proposal in Haldia.. | Read..

Ministry readies bill to reserve orders for SSIs
The cabinet is likely to consider a draft law that will make it mandatory for the government sector.. | Read..

Spotlight on foreign hopefuls in ICAI poll
Indian and foreign chartered accountant firms are gearing up for the big fight — election of th.. \| Read..

ONGC seeks fast cash for Sudan blocks
The empowered committee of secretaries that oversees major investments made by ONGC-Videsh Ltd .. \| Read..

NTPC charged up for global foray, joins race for UK deal
The National Thermal Power Corporation (NTPC) is planning to go global by expanding its operati.. \| Read..

Sick cable firm from Bangur group on the block
The Board for Industrial and Financial Reconstruction (BIFR) has put Fort Gloster Industries — .. \| Read..

IFFCO picks up stake in commodity exchange
Indian Farmers and Fertilisation Cooperative Ltd (IFFCO) has decided to pick up 30 per cent sta.. \| Read..

Zee tunes into HR revamp
Essel group chairman Subhash Chandra has kicked off an exercise across the group to assess capa.. \| Read..

Inflation rises to 5.38%

Share Prices

Name	BSE	NSE
HLL	200.85 (+2.01)	200.05 (+1.75)
ITC	986.05 (-0.07)	988.03 (+0.65)
Infosys	5255.85 (+135.35)	5260.08 (+131.95)
Reliance	520.04 (+14.05)	520.07 (+13.75)
Wipro	1699.06 (+20.75)	1705.75 (+23.09)
Zee	154.07 (+7.02)	155.00 (+7.06)

Foreign Exchange

US $1 : Rs 45.52	UK £1 : Rs 80.38
Euro : Rs 56.05	Yen 100 : Rs 42.25
HK $1 : Rs 5.08	SW Fr1 : Rs 35.09
Sing $1 : Rs 26.03	Aus $1 : Rs 33.02

Bullion

Calcutta
Gold Std (10gm)	Rs. 6195
Gold 22 Carat	Rs. 5850
Silver bar (1kg)	Rs. 8875
Silver Portion	Rs. 8975
Bombay
Gold Std (10gm)	Rs. 6140
Gold 22 Carat	Rs. 6105
Silver bar (1kg)	Rs. 9105
Silver Portion	NA