The Telegraph - Calcutta : Business

| Friday, October 08, 2004 |

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AllBank hits the buyout trail

The board of Allahabad Bank will decide whether to merge or acquire a public-sector bank within 30 days, and will follow it up with a due diligence. ... | Read..

Readies plan to revive arm

Allahabad Bank is open to the idea of roping in an equity partner for AllBank Finance, its merchant banking arm, in orde ... | Read..

Lodha drops audit mantle to chaperone Birla assets

The day Priyamvada Birla died, the apparent beneficiary of her will stepped down as the senior partner of his own firm. ... | Read..

NTPC offer powers home

The Rs 5200-crore maiden issue of National Thermal Power Corporation (NTPC) was sold out in 15 minutes. By the end of th ... | Read..

Stocks surge, rupee rallies

The unprecedented response to the NTPC public issue resonated in the stock and foreign exchange markets today, electrify ... | Read..

Night watchman: Honda Motor president Takeo Fukui introduced the new luxury sedan, Legend, in Tokyo on Thursday. The new Legend has the world?s first ... | Read

Sensex

5773.66

+59.91

Stock Indices

BSE-100	3090.63	(+23.25)
S&P CNX Nifty	1815.07	(+20.08)

Private airlines set to jack up fares
Private airlines Jet and Sahara are raising their fares by about 10 per cent from the middle of.. | Read..

Pitroda chants rural backoffice mantra
Outsourcing and back offices are words that can raise the hackles in the US... | Read..

Panel puts off decision on Press Note 18

The committee of secretaries (CoS) headed by cabinet secretary B. K. Chaturvedi today discussed.. | Read..

Wockhardt sells London plant

Wockhardt UK Ltd, the British arm of Wockhardt Ltd, has sold the Luton plant of Wallis Laborato.. | Read..

Fitch rings alarm bells for banks

International credit rating agency Fitch today warned that volatility in interest rates, which .. | Read..

Free itemised mobile STD bill

Post-paid mobile telephone subscribers will now get itemised bills for long distance calls (STD.. | Read..

Panel to draft companies bill

The ministry of company affairs will form a committee to draft the companies bill for which rep.. | Read..

Reuters holds out job hope

Reuters, the global information group, opened its offshore data operation centre here today. Th.. | Read..

Alchemist to invest Rs 600 crore in Bengal

Alchemist Ltd, a Chandigarh-based diversified group, plans to invest Rs 600 crore for its ?Tabl.. | Read..

ICICIPru injects fresh capital

ICICI Prudential Life Insurance today infused fresh capital to the tune of Rs 150 crore. This h.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Gujarat Coke in Australia

Crude at $53 a barrel

Share Prices

Name	BSE	NSE
HLL	128.25 (+1.25)	128.05 (+1.35)
ITC	1120.55 (-3.25)	1120.85 (-5.65)
Infosys	1704.85 (+19.00)	1705.05 (+19.65)
Reliance	558.45 (+11.65)	558.08 (+12.35)
Wipro	632.01 (+10.03)	632.45 (+10.45)
Zee	157.35 (+1.02)	157.03 (+0.85)

Foreign Exchange

US $1 : Rs 45.86	UK £1 : Rs 81.68
Euro : Rs 56.04	Yen 100 : Rs 41.22

Bullion

Bombay
Gold Std (10gm)	Rs. 6365
Gold 22 Carat	Rs. 6330
Silver bar (1kg)	Rs. 11355
Silver Portion	NA