The Telegraph - Calcutta : Business

| Saturday, October 16, 2004 |

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Wipro aglow in brightest quarter

Wipro Limited has reported a 79 per cent leap in second-quarter profit at Rs 411.7 crore, its sharpest increase in a three-month period in three years. This came on the back of a 44 per cent jump in revenues at Rs 1,978.5 crore. ... | Read..

Brakes on petroleum price hike

The government today decided to give motorists a respite and dropped a hugely unpopular proposal to raise petrol and die ... | Read..

Cut-off price for NTPC offering fixed at Rs 62

State-run power utility giant National Thermal Power Corporation today decided on a cut-off price of Rs 62 for its 86.58 ... | Read..

Orissa, Sterlite in steel pact

The Sterlite group today signed an agreement with the Orissa government to set up a 5 million-tonne steel plant near Pal ... | Read..

Tribunal exonerates Samir Arora

The Securities Appellate Tribunal (SAT) today cleared Samir Arora of all charges that the Securities and Exchange Board of ... | Read..

Wipro aglow in brightest quarter

Sensex

5686.73

-26.37

Stock Indices

BSE-100	3040.39	(-8.96)
S&P CNX Nifty	1795.00	(+0.25)

Buyout bug bites South Indian Bank
South Indian Bank Limited (SIB) is on the prowl to acquire a mid-size private bank in the next .. | Read..

Canon zooms in on small, medium units
Canon India has chalked out a three-pronged strategy to initiate growth in the small and medium.. | Read..

Four Soft acquires Dutch company

Four Soft Ltd has acquired CargoMate for around $1.90 million... | Read..

Surging crude fuels trade deficit

A sharp increase in the value of oil imports has triggered an over 70 per cent jump in the coun.. | Read..

Rate of inflation drops to 7.2%

The increasing prices of essential commodities, including vegetables, have emerged as a disturb.. | Read..

Glaxo headway on malaria vaccine

GlaxoSmithkline (GSK) today announced a breakthrough in malaria vaccine development. This follo.. | Read..

Tighter rules for primary dealers

The Reserve Bank of India (RBI) today ruled that primary dealers raising subordinated debt shou.. | Read..

STOCK MARKET

Ranbaxy earnings rise 7%

Share Prices

Name	BSE	NSE
HLL	126.08 (-1.02)	126.65 (-1.04)
ITC	1118.07 (+2.15)	1117.95 (+0.00)
Infosys	1784.05 (-31.02)	1786.75 (-27.75)
Reliance	545.07 (+3.05)	546.03 (+3.04)
Wipro	649.65 (-10.03)	649.65 (-10.02)
Zee	156.03 (-1.15)	156.03 (-1.35)

Foreign Exchange

US $1 : Rs 45.86	UK £1 : Rs 82.49
Euro : Rs 56.89	Yen 100 : Rs 41.96

Bullion

Bombay
Gold Std (10gm)	Rs. 6370
Gold 22 Carat	Rs. 6335
Silver bar (1kg)	Rs. 11335
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6390
Gold 22 Carat	Rs. 6035
Silver bar (1kg)	Rs. 11100
Silver Portion	Rs. 11200