The Telegraph - Calcutta : Business

| Thursday, September 30, 2004 |

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Foreign funds door widened

The government today relaxed foreign investment procedures by allowing transfer of shares from residents to non-residents and conversion of external commercial borrowings into equity. It also permitted a rise in foreign equity participation thro ... | Read..

IDBI gets Rs 9000cr bailout

The government today came out with a Rs 9,000-crore stressed assets stabilisation fund to clean up the state-run Industr ... | Read..

Investment panel put on waiting list

The Cabinet Committee on Economic Affairs today deferred a decision on setting up of an investment commission due to the ... | Read..

Cash wells up in ONGC hunt

Oil and Natural Gas Corporation (ONGC) is investing Rs 18,814 crore during the current fiscal in its hunt for oil and pr ... | Read..

Breather for co-op banks

The Reserve Bank of India (RBI) has given urban cooperative banks (UCBs) more time to meet a new set of stiff provisioni ... | Read..

The government today relaxed foreign investment procedures by allowing transfer of shares from residents to non-residents and conversion of external c ... | Read

Sensex

5527.56

+64.95

Stock Indices

BSE-100	2971.04	(+35.22)
S&P CNX Nifty	1727.95	(+27.07)

PC makers balk at Maran proposal
Union communications minister Dayanidhi Maran today asked computer makers to cut prices by 20 p.. | Read..

Dunlop units still in a jam
Dunlop India management has not yet said how soon it would resume operations at its Sahaganj an.. | Read..

Top three peer into plan panel divide

Prime Minister Manmohan Singh today held a meeting with finance minister P. Chidambaram and pla.. | Read..

PSU stocks carry the day

Markets snapped out of their losing streak on the back of public sector companies, which have b.. | Read..

Tata Motors ready for global race

Tata Motors plans to go global in a big way even as the group aims to reduce the number of companie.. | Read..

BPO academy in state

Globsyn Technologies Limited would shortly open a BPO academy in association with Webel to meet.. | Read..

Bonds sure of steady rates

The bond market appears confident that the government and the Reserve Bank (RBI) will keep rate.. | Read..

More affidavits in will tussle

Intensifying the war of will, the counsels representing Rajendra Singh Lodha produced two affid.. | Read..

Tata-SAIL venture aims high

MetalJunction.com, a 50:50 joint venture between Steel Authority of India (SAIL) and Tata Steel.. | Read..

Free power causes flutter

The Planning Commission has expressed concern over free power being given to farmers in some states.. | Read..

AROUND THE GLOBE

Conoco buys stake in Russian oil firm

ConocoPhillips said on Wednesday it was seeking 20 per cent in Russia?s LUKOIL in a far-reaching al.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Dice to offer tech support

Radico, Highland ink deal

Share Prices

Name	BSE	NSE
HLL	124.05 (+3.09)	124.02 (+4.05)
ITC	1136.05 (+7.75)	1137.07 (+9.06)
Infosys	1639.07 (+28.03)	1639.09 (+28.00)
Reliance	514.01 (+17.09)	514.03 (+18.00)
Wipro	583.75 (+12.09)	581.05 (+13.00)
Zee	150.00 (-0.01)	150.05 (-0.15)

Foreign Exchange

US $1 : Rs 46.02	UK £1 : Rs 83.09
Euro : Rs 56.62	Yen 100 : Rs 41.48
HK $1 : Rs 5.85	SW Fr1 : Rs 36.15
Sing $1 : Rs 26.08	Aus $1 : Rs 32.07

Bullion

Bombay
Gold Std (10gm)	Rs. 6290
Gold 22 Carat	Rs. 6255
Silver bar (1kg)	Rs. 10650
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6350
Gold 22 Carat	Rs. 5995
Silver bar (1kg)	Rs. 10500
Silver Portion	Rs. 10600