The Telegraph - Calcutta : Business

| Thursday, July 15, 2004 |

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CDC closes UTI Bank account

Actis — the UK-based venture capital fund— has sold its 5 per cent stake in UTI Bank for Rs 161 crore ($34.8 million). ... | Read..

French major to buy 37% in SBI mutual

Societe Generale Asset Management (SGAM) will partner State Bank’s mutual fund subsidiary by picking up a 37 per cent stake ... | Read..

Pharmacia-Pfizer merger swap ratio fixed at 1:5

A swap ratio of one share of Pfizer India Ltd for every five of Pharmacia Healthcare has been fixed for the merger of the tw ... | Read..

HDFC Bank profit vaults 31%

HDFC Bank Ltd today posted a 30.5 per cent growth in net profit at Rs 139.97 crore for the first quarter ended June 30, 2004 ... | Read..

Biocon net surges 112%

Biocon posted a robust 112 per cent rise in bottomline for the first quarter ended June 30, 2004 due to growth in exports to ... | Read..

CDC closes UTI Bank account

Sensex

4848.03

-50.69

Stock Indices

BSE-100	2588.63	(-23.94)
S&P CNX Nifty	1522.75	(-16.55)

Will Lodha press for Pilani board seat?
The high-stakes battle for a major slice of the Birla empire could explode into the next phase if R.. | Read..

Ficci stays out of Birla spat
The Birlas and R. S. Lodha have played a major role in shaping the affairs of the Federation of Ind.. | Read..

Quarterly returns on old-age savings plan

The new savings scheme for senior citizens, which will offer a 9 per cent return for a five-year te.. | Read..

Oil India eyes BPCL stake in Numaligarh

A fresh tussle has broken out over Numaligarh Refinery Ltd (NRL) with Oil India Ltd (OIL) wanti.. | Read..

Exide to ramp up capacity

Exide Industries Ltd (EIL) will invest over Rs 60 crore to ramp up capacity of its automotive a.. | Read..

Govt vows to meet indirect tax target

The government is confident of meeting the 10 per cent targeted growth in indirect taxes at about R.. | Read..

STOCK MARKET

Mutual Funds

PF rates to remain uniform

Share Prices

Name	BSE	NSE
HLL	122.45 (-1.25)	122.25 (-1.05)
ITC	1009.25 (-36.01)	1007.05 (-37.02)
Infosys	1420.06 (+18.15)	1420.08 (+18.05)
Reliance	417.95 (-12.05)	418.00 (-12.05)
Wipro	511.85 (+15.09)	511.08 (+15.55)
Zee	125.15 (-3.15)	125.25 (-3.35)

Foreign Exchange

US $1 : Rs 46.01	UK £1 : Rs 85.04
Euro : Rs 56.93	Yen 100 : Rs 42.02
HK $1 : Rs 5.85	SW Fr1 : Rs 36.07
Sing $1 : Rs 26.05	Aus $1 : Rs 33.00

Bullion

Bombay
Gold Std (10gm)	Rs. 6145
Gold 22 Carat	Rs. 6115
Silver bar (1kg)	Rs. 10210
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6235
Gold 22 Carat	Rs. 5885
Silver bar (1kg)	Rs. 10100
Silver Portion	Rs. 10200