The Telegraph - Calcutta : Business

| Saturday, September 18, 2004 |

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Price pressures ease, stocks soar

Markets celebrated the first slide in inflation rate in weeks with a leap to a four-month high. The sensex zoomed past the key 5500-mark to end at 5,561.15, stirring hopes it could scale peak-6000 by the month-end. ... | Read..

Limited impact on bond market

The bond market was not impressed with the latest inflation figures. The wholesale price index inflation fell to 7.81 per ce ... | Read..

Tata Motors? NYSE debut this month

Tata Motors, the flagship company from the Rs 57,000-crore Tata group, will be listed on the New York Stock Exchange (NYSE), ... | Read..

ICICI to cut stake in Federal Bank

ICICI Bank today reiterated that it has no intention of acquiring Federal Bank and would rather bring down its stake in the ... | Read..

Drug policy focus on therapy

A new drug policy with therapeutic areas as a prime criterion for deciding drug control is likely to be brought in. Such a c ... | Read..

Price pressures ease, stocks soar

Sensex

5561.15

+83.47

Stock Indices

BSE-100	2973.48	(+41.05)
S&P CNX Nifty	1733.65	(+27.95)

Shot in arm for jobs in informal sector
The Union cabinet today announced the formation of a national commission to promote enterprises in .. | Read..

Exports leap, so does trade deficit
India's exports in August this year grew by an impressive 28.13 per cent over the same month o.. | Read..

RNBCs seek breather

Residuary non-banking companies (RNBCs) today urged the Reserve Bank of India (RBI) to reconsider i.. | Read..

Jessop forges alliance with Boustead Singapore

The Calcutta-based Jessop and Company Limited today signed an agreement with the Singapore-based Bo.. | Read..

PFC mulls floating loan switch

Power Finance Corporation (PFC) may shift some of its future power utility loans to floating fr.. | Read..

Haldia Petro IPO filing soon

Haldia Petrochemicals Limited (HPL) will soon file a red herring prospectus with the Securities and.. | Read..

Maran eyes foreign postal deal

Union minister of communications and information technology Dayanidhi Maran will seek to get h.. | Read..

Aiyar wins Iran oil deal

Union petroleum minister Mani Shankar Aiyar today claimed to have made some headway with Iran for g.. | Read..

Computer Associates to up India count

As it eyes staff cuts in the US and elsewhere, Computer Associates International Inc has accelerate.. | Read..

SBI closes in on bank buyout

State Bank of India (SBI) is likely to shortlist at least one small bank in Asia or Africa in the n.. | Read..

IMF paper cautions on fiscal fissures

India?s large fiscal imbalances, exceeding 10 per cent of the gross domestic product and the public.. | Read..

Mobile directory a while away

The Telecom Regulatory Authority of India (Trai) today extended the date to receive comments and su.. | Read..

AROUND THE GLOBE

Goldman eyes firm in Japan

Goldman Sachs Group Inc is in talks with the founding family, Takefuji Corp, the biggest player in .. | Read..

STOCK MARKET

Share Prices

Name	BSE	NSE
HLL	125.75 (+2.00)	125.07 (+1.09)
ITC	1174.01 (+31.09)	1174.95 (-32.06)
Infosys	1689.00 (-5.06)	1689.07 (-5.25)
Reliance	509.25 (-18.25)	509.15 (-18.03)
Wipro	592.03 (-2.00)	592.05 (-2.05)
Zee	156.06 (-1.55)	156.05 (+1.04)

Foreign Exchange

US $1 : Rs 45.88	UK £1 : Rs 82.46
Euro : Rs 56.02	Yen 100 : Rs 41.77
HK $1 : Rs 5.85	SW Fr1 : Rs 35.65
Sing $1 : Rs 26.65	Aus $1 : Rs 31.65

Bullion

Bombay
Gold Std (10gm)	Rs. 6170
Gold 22 Carat	Rs. 6135
Silver bar (1kg)	Rs. 10355
Silver Portion	NA