The Telegraph - Calcutta : Business

| Wednesday, April 21, 2004 |

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India clears Calpers fitness test

India has passed the investment test of top US pension fund Calpers, winning an endorsement that is likely to spur more foreign stock buying in the emerging markets. ... | Read..

$11 billion waiting to gush in

India is likely to see FII inflows of over $11 billion in calendar year 2004, some 40 per cent more than the money that came ... | Read..

Markets feel part of the big league

Calpers, known to be choosy about where it invests, has focused on India, acknowledging the country’s growing reputation in ... | Read..

Former captain leaves IDFC well-anchored

The Infrastructure Development Finance Company (IDFC) recorded its highest-ever approval, disbursements and profits in 2003- ... | Read..

Overseas debt coup for Tata Motors

Tata Motors today took its first big step in turbo-charging its ambitious Rs 6000-crore expansion drive by pricing a $400-mi ... | Read..

Future Foundation

Sensex

5804.81

+4.27

Stock Indices

BSE-100	3106.77	(+2.35)
S&P CNX Nifty	1844.25	(+0.02)

Centre mops up 18% more taxes
The finance ministry inadvertently today did its bit for NDA’s India Shining campaign — releasing t.. | Read..

Bengal slips on small savings target
Breaking away from the positive trend in the last five years, Bengal has failed to achieve the targ.. | Read..

Tribunal to decide on infotech firms

The finance ministry today said that a prickly issue of infotech companies being allowed to enjoy t.. | Read..

GSM holds the edge

Mobile operators using the GSM technology are likely to add 100 million customers by 2007 which.. | Read..

Mahindras, SBI in pact

Tractor major Mahindra & Mahindra and State Bank of India (SBI) today entered into a strate.. | Read..

Wockhardt plans US subsidiary

Wockhardt today announced plans of setting up its own sales and marketing outfit in the United .. | Read..

Indo Rama mulls retail foray

Polyester major Indo Rama Synthetics (India) Limited is likely to make a foray into the booming.. | Read..

Apollo eyes Europe market

Apollo Tyres plans to tie up with major European automakers this year to supply passenger car r.. | Read..

Vesuvius to double capacity

Vesuvius Ltd will double its manufacturing capacity from 2.20 lakh tonnes to close to half-a-mi.. | Read..

STOCK MARKET

Mutual Funds

NBFCs to feel the pinch

Share Prices

Name	BSE	NSE
HLL	151.45 (-0.55)	151.25 (-0.75)
ITC	1075.45 (-10.02)	1076.05 (-10.75)
Infosys	5380.02 (+20.95)	5381.25 (+20.03)
Reliance	552.35 (-0.01)	552.35 (-0.25)
Wipro	1607.00 (+14.02)	1606.07 (-12.03)
Zee	146.01 (+7.75)	146.01 (+7.08)

Foreign Exchange

US $1 : Rs 43.95	UK £1 : Rs 78.93
Euro : Rs 52.45	Yen 100 : Rs 40.76
HK $1 : Rs 5.55	SW Fr1 : Rs 33.35
Sing $1 : Rs 25.08	Aus $1 : Rs 32.01

Bullion

Bombay
Gold Std (10gm)	Rs. 5880
Gold 22 Carat	Rs. 5840
Silver bar (1kg)	Rs. 11010
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 5995
Gold 22 Carat	Rs. 5660
Silver bar (1kg)	Rs. 10750
Silver Portion	Rs. 10850