The Telegraph - Calcutta : Business

| Tuesday, June 01, 2004 |

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Oil ache for bruised markets

The new government’s economic policy continued to plague the bourses and the security concerns about Saudi Arabia — the largest oil producer in the world — rattled the markets. ... | Read..

Hunt for petro shock absorbers

Finance minister P. Chidambaram today met Prime Minister Manmohan Singh amid mounting concerns that his ministry would h ... | Read..

Mahindra fourth-quarter net zooms

Tractor major Mahindra & Mahindra Ltd (M&M) has posted a 199 per cent rise in net profit at Rs 145.64 crore for ... | Read..

New-age tech for spectrum

The communications ministry wants the Telecom Regulatory Authority of India (Trai) to keep in mind the government’s pol ... | Read..

Reliance Energy plans buyback

Reliance Energy Ltd today said it is considering buying back its equity shares. The board will meet on June 9 to discuss ... | Read..

Oil ache for bruised markets

Sensex

4759.62

-75.77

Stock Indices

BSE-100	2525.35	(-43.05)
S&P CNX Nifty	1483.06	(-25.15)

Fertiliser firms face cut in open-market quota
The government is likely to slash the quantity of fertilisers that manufacturers are allowed to.. | Read..

Steel prices reverse route, hit the skids after two years
Steel prices, which had shot through the roof just a few months back until a government interventio.. | Read..

Log-in for online tax payments

The income-tax department is introducing on-line accounting for tax payments collected by Reser.. | Read..

Demand for tax sops tops hoteliers’ menu

The hospitality and tourism industry is ready with its wish-list for the new government that in.. | Read..

Himalaya Drug aiming high

Himalaya Drug Company (HDC), with a turnover of Rs 350 crore, expects a 25 per cent growth in t.. | Read..

Mittals’ Filipino plant goes on stream

National Steel Company of the Philippines, acquired recently by Mittals-owned Global Steel Work.. | Read..

VIP group plant in Himachal Pradesh

Microtex India Limited plans to set up a plant in Himachal Pradesh and has earmarked Rs 10 cror.. | Read..

AROUND THE GLOBE

Fiat CEO quits as new chairman takes charge

Italian car-maker Fiat, still mourning the death of the last senior member of its founding Agnelli .. | Read..

STOCK MARKET

S&P links rating to deficit

Share Prices

Name	BSE	NSE
HLL	137.01 (-0.15)	136.95 (+0.01)
ITC	878.95 (-3.95)	878.00 (-2.45)
Infosys	5208.09 (+152.05)	5200.09 (+143.15)
Reliance	430.05 (-0.55)	429.08 (-2.09)
Wipro	1527.25 (+22.75)	1523.07 (+20.05)
Zee	128.15 (-0.75)	128.00 (-0.03)

Foreign Exchange

US $1 : Rs 45.57	UK £1 : Rs 83.47
Euro : Rs 55.54	Yen 100 : Rs 41.06
HK $1 : Rs 5.08	SW Fr1 : Rs 35.08
Sing $1 : Rs 26.04	Aus $1 : Rs 32.05

Bullion

Bombay
Gold Std (10gm)	Rs. 5940
Gold 22 Carat	Rs. 5895
Silver bar (1kg)	Rs. 9895
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6015
Gold 22 Carat	Rs. 5680
Silver bar (1kg)	Rs. 9800
Silver Portion	Rs. 9900