The Telegraph - Calcutta : Business

| Friday, February 13, 2004 |

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UTI Mutual closes in on Alliance Cap

UTI Mutual Fund has zeroed in on Alliance Capital Mutual Fund as its next possible buyout. It snapped up IL&FS Mutual Fund last week. ... | Read..

Foreigners keen on venture corpus

Foreign investors may be key participants in UTI Venture Funds’ (UVF) forthcoming offering. The private equity fund, to be l ... | Read..

Bonus booster from Wockhardt, Alembic

Two pharmaceutical companies today rewarded their shareholders with bonus issues. ... | Read..

Alarm at sugar price spike

Sugar prices have shot up by nearly Rs 200 a quintal in the space of a month. ... | Read..

Paper on company law rejig in offing

A slimmer, simpler, executive-friendly Companies Act is on the anvil. The department of company affairs (DCA) will come out ... | Read..

UTI Mutual closes in on Alliance Cap

Sensex

5936.96

-12.82

Stock Indices

BSE-100	3070.88	(-4.11)
S&P CNX Nifty	1885.03	(-6.02)

Filing flaws delay IBP selloff roadshow
There has been some delay in the roadshows for the sale of the government’s 26 per cent stake in IB.. | Read..

Air France-KLM merger set for takeoff
Air France, nearly grounded in a miss with bankruptcy a decade ago, was cleared by Brussels and Was.. | Read..

Bengal toys with toy park expansion plan

The Bengal government has decided to start work on the second phase of the toy park at Salt Lake so.. | Read..

Sahara ready for insurance foray

Sahara India Life Insurance has received the final regulatory approval — an R3 licence — from t.. | Read..

Twin-track approach to tariff reduction

The BIMST-EC agreement signed by India, Bhutan, Myanmar, Sri Lanka, Thailand and Nepal this week pr.. | Read..

Landing charges at airports slashed

The government today reduced the landing and user charges at airports... | Read..

Firms smell cash at global food fair

With India’s food and hospitality industry growing faster by the day, Food and Hotel Asia 2004, to .. | Read..

Samsung recasts local operations

Samsung Electronics is shifting its management structure in Asia as the technology leader readies f.. | Read..

MARKET WATCH

Mutual Funds

CORPORATE BRIEFS

Anderson, Heidelberg in tie-up

Industry grows at 6.3%

Share Prices

Name	BSE	NSE
HLL	197.65 (+2.01)	197.15 (+1.65)
ITC	1010.75 (+2.06)	1009.75 (+0.03)
Infosys	5354.05 (-115.35)	5353.15 (-118.25)
Reliance	587.85 (+0.65)	587.07 (+0.04)
Wipro	1580.05 (-29.25)	1577.35 (-31.55)
Zee	151.04 (+0.25)	151.55 (+0.03)

Foreign Exchange

US $1 : Rs 45.25	UK £1 : Rs 85.66
Euro : Rs 58.01	Yen 100 : Rs 42.94
HK $1 : Rs 5.08	SW Fr1 : Rs 36.25
Sing $1 : Rs 26.75	Aus $1 : Rs 35.15

Bullion

Bombay
Gold Std (10gm)	Rs. 6140
Gold 22 Carat	Rs. 6100
Silver bar (1kg)	Rs. 10115
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6245
Gold 22 Carat	Rs. 5895
Silver bar (1kg)	Rs. 9975
Silver Portion	Rs. 10075