The Telegraph - Calcutta : Business

| Wednesday, August 25, 2004 |

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Since 1st March, 1999

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TCS ready for big-bang opening

The click of a mouse will put Tata Consultancy Services (TCS) on trading screens and turn the Tatas into the most highly valued private group. ... | Read..

UltraTech Cemco dips on debut run

UltraTech Cemco did not quite have a dream debut on the bourses today. The scrip raced southwards immediately after listing ... | Read..

AirTel returns RIM call on prepaid tariff

AirTel today joined the battle with Reliance by slashing the tariff on its pre-paid service by 60 per cent for calls made on ... | Read..

New bank laws to be tough on defaulters

The finance ministry is readying amendments to two crucial banking laws — the Securitisation Act-2002 and the Debt Recovery ... | Read..

Zensar zeroes in on US firm

Zensar Technologies, an RPG Group company, will acquire a US company focused on retailing and financial services that wi ... | Read..

Standstill: Police guarding the main branch of State Bank of India in New Delhi on Tuesday as more than 10-lakh bank employees struck work across the country. Picture by Jagdish Yadav

Stock Indices

BSE-100	2708.53	(+20.25)
S&P CNX Nifty	1591.06	(+13.04)

Crucial round in court for Birla succession wrangle
The shadowboxing is over and the bell has been sounded for the start of the real legal battle betwe.. | Read..

Deadline set to clear LPG backlog
The government has set a mid-September deadline for the national oil companies to clear the bac.. | Read..

New audit norms ready

The government is likely to notify the accounting standards developed by the Institute of Chart.. | Read..

Govt chip designing firm rapped for sales dip

Semiconductors Complex Ltd (SCL) has been hauled up by the parliamentary standing committee on .. | Read..

Rourkela Steel shines with Rs 55cr net profit

Rourkela Steel Plant (RSP) has recorded a net profit of Rs 55 crore in April-June — its best fi.. | Read..

S&P rating boost for seven companies

Standard & Poor’s today revised the outlook on foreign currency ratings of seven companies .. | Read..

Grasim retail plan to tap suitings segment

Grasim Industries Ltd is reworking its retail strategy to increase its market share in suitings.. | Read..

Bankers issue two-day strike threat

Over 10-lakh public sector bank employees and officers today struck work in protest against the “de.. | Read..

Leash on current accounts

The Reserve Bank of India (RBI) has asked banks to ensure more discipline in case corporate cus.. | Read..

Taj, Raffles pick up growth keys with marketing alliance

Taj Hotels Resorts and Palaces today joined hands with Raffles International, one of South Asia’s l.. | Read..

AROUND THE GLOBE

Sumitomo takes on Mitsubishi in bank buy

Sumitomo Mitsui Financial Group Inc laid out a $29-billion bid for UFJ Holdings on Tuesday, challen.. | Read..

STOCK MARKET

Share Prices

Name	BSE	NSE
HLL	109.85 (-0.05)	109.09 (-0.55)
ITC	1029.01 (+14.00)	1029.35 (+13.05)
Infosys	1556.00 (-3.06)	1555.09 (-3.65)
Reliance	453.05 (+2.03)	453.55 (+2.03)
Wipro	577.02 (+12.95)	576.95 (+12.07)
Zee	149.05 (-2.02)	149.06 (-2.00)

Foreign Exchange

US $1 : Rs 46.31	UK £1 : Rs 83.62
Euro : Rs 56.24	Yen 100 : Rs 42.16

Bullion

Bombay
Gold Std (10gm)	Rs. 6255
Gold 22 Carat	Rs. 6225
Silver bar (1kg)	Rs. 10895
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6275
Gold 22 Carat	Rs. 5925
Silver bar (1kg)	Rs. 10750
Silver Portion	Rs. 10850