The Telegraph - Calcutta : Business

| Wednesday, June 16, 2004 |

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Titans square off over power dues

The country’s largest corporate titans are at war. ... | Read..

Hinduja TMT firm to get 5% of merged Hutch

IndusInd Telecom Network (ITNL), a subsidiary of Hinduja TMT, will pick up a 5.11 per cent stake in Hutchison Max Telecom Lt ... | Read..

Tax breaks for pension funds on the cards

The Congress-led coalition government is likely to continue with the exemption from 12.5 per cent dividend tax for equity-or ... | Read..

Tax cut hopes spur sensex clawback

Share prices today snapped a three-session loss with a gain of 69 points following reports that the government may bring dow ... | Read..

Uco to sell Reliance, UTI mutual schemes

Uco Bank plans to increase its fee-based income through sale of insurance and mutual fund products this fiscal. The bank ... | Read..

Ratan Tata

Sensex

4814.85

+68.84

Stock Indices

BSE-100	2560.38	(+35.17)
S&P CNX Nifty	1501.00	(+19.65)

Coal India mines arm for overseas foray
Coal India (CIL) has decided to set up a new subsidiary that will explore coal mining opportunities.. | Read..

Roadmap drawn up for subsidy rejig
The Congress-led government, which today announced a hike in cooking gas prices, will re-target oth.. | Read..

Novel courses in NIIT China centres

NIIT has drawn up a strategy to strengthen its IT training in China with new industry-specific .. | Read..

Bengal eyes 9% share in exports

Bengal plans to increase its share in all Indian exports to 9 per cent in 2006-07 from the curr.. | Read..

AROUND THE GLOBE

LNM loses Ukraine bid

LNM group, headed by India-born steel baron Lakshmi Mittal, has failed to acquire Ukraine’s biggest.. | Read..

STOCK MARKET

Sterlite net inches up 7%

Share Prices

Name	BSE	NSE
HLL	128.09 (+1.01)	128.08 (+0.95)
ITC	884.45 (+6.25)	883.05 (+6.02)
Infosys	5084.35 (+88.15)	5082.15 (+88.15)
Reliance	451.00 (+16.05)	450.06 (+15.07)
Wipro	1487.65 (+44.09)	1487.15 (+43.05)
Zee	128.25 (+2.65)	128.35 (+2.05)

Foreign Exchange

US $1 : Rs 45.04	UK £1 : Rs 82.38
Euro : Rs 54.68	Yen 100 : Rs 40.85
HK $1 : Rs 5.75	SW Fr1 : Rs 35.06
Sing $1 : Rs 25.07	Aus $1 : Rs 30.06

Bullion

Bombay
Gold Std (10gm)	Rs. 5770
Gold 22 Carat	Rs. 5730
Silver bar (1kg)	Rs. 9230
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 5855
Gold 22 Carat	Rs. 5530
Silver bar (1kg)	Rs. 9025
Silver Portion	Rs. 9125
Calcutta
Gold Std (10gm)	Rs. 5855
Gold 22 Carat	Rs. 5530
Silver bar (1kg)	Rs. 9025
Silver Portion	Rs. 9125