The Telegraph - Calcutta : Business

| Thursday, May 06, 2004 |

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Markets swing to vote voltage

Markets see-sawed between a surge and a slide today after pollsters gave the Vajpayee government more than a good chance to scrape through to Parliament with a tally enough to govern. ... | Read..

Common dossier to checkmate borrowers in dodging game

The net was cast far and wide for loan dodgers today with the launch of Credit Information Bureau India Ltd (Cibil), a lende ... | Read..

Gail ready to pay penalty for supply slip

In a bold initiative, Gail (India) Ltd is for the first time introducing a “supply or pay” clause in its new gas pipeline pr ... | Read..

Union Bank net rises 17% in Q4

Union Bank of India has posted a 17 per cent rise in net profit for the fourth quarter ended March 31, 2004 at Rs 236.26 cro ... | Read..

Uco profit jumps 110%

Uco Bank’s net profit has jumped 110 per cent to Rs 435.41 crore in 2003-04 compared with Rs 207.49 crore in 2002-03. The ba ... | Read..

Uco Bank chairman and managing director V. P. Shetty.

Sensex

5686.19

+39.04

Stock Indices

BSE-100	3038.66	(+20.25)
S&P CNX Nifty	1809.09	(+16.08)

Hive-off to precede IBP merger with Indian Oil
IBP, a subsidiary of Indian Oil, is planning to demerge the chemical and engineering divisions prio.. | Read..

India Inc suffers Sasser sting silently
The Sasser virus — a deadly bug unleashed worldwide over the weekend — has wrecked havoc for India .. | Read..

ACC cements bottomline

Associated Cement Companies (ACC) has recorded a net profit of Rs 105.9 crore for the fourth quarte.. | Read..

Cell firms’ bid to keep frivolous players out

Cellular operators have asked for a 6 per cent annual licence fee based on average gross revenu.. | Read..

BoB sets sights on stock broking

Bank of Baroda has decided to float a stock broking arm with an equity capital of Rs 100 crore... | Read..

States to fix sugarcane floor price

The Supreme Court today held that state governments were vested with the power to fix sugarcane.. | Read..

IRDA in search of accounts head

The Insurance Regulatory Development Authority (IRDA) has written to the finance ministry askin.. | Read..

Dabur pays 200% dividend

Dabur India Limited has announced a 200 per cent dividend for fiscal 2003-04. This is the highe.. | Read..

AROUND THE GLOBE

India tops new Coke chief’s agenda

Coca-Cola Co named E. Neville Isdell, a 60-year-old former company insider, as its chairman and chi.. | Read..

IMF gets a Spanish boss

The International Monetary Fund on Tuesday elected Spanish former economy minister Rodrigo Rato as .. | Read..

STOCK MARKET

Mutual Funds

24 FDI proposals okayed

Share Prices

Name	BSE	NSE
HLL	142.09 (+0.04)	143.00 (+0.45)
ITC	1055.08 (-5.07)	1056.09 (-5.05)
Infosys	5260.05 (+44.01)	5260.09 (+40.95)
Reliance	529.85 (-0.75)	530.00 (-0.75)
Wipro	1605.02 (+11.02)	1605.75 (+14.35)
Zee	130.06 (-5.25)	130.08 (-4.09)

Foreign Exchange

US $1 : Rs 44.71	UK £1 : Rs 80.29
Euro : Rs 54.38	Yen 100 : Rs 41.02
HK $1 : Rs 5.65	SW Fr1 : Rs 34.04
Sing $1 : Rs 26.05	Aus $1 : Rs 32.15

Bullion

Bombay
Gold Std (10gm)	Rs. 5890
Gold 22 Carat	Rs. 5845
Silver bar (1kg)	Rs. 9760
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6030
Gold 22 Carat	Rs. 5695
Silver bar (1kg)	Rs. 9600
Silver Portion	Rs. 9700