The Telegraph - Calcutta : Business

| Thursday, November 18, 2004 |

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Small climb but a giant leap

After playing hide-and-seek for the past few days, the sensex topped the 6000-mark to close at a nine-month high of 6016.58. ... | Read..

Foreign brokers strike it rich

E*Trade Financial Corp and a unit of Softbank Corp today collectively bought 34 per cent of IL&FS Investsmart Ltd at Rs ... | Read..

Banks turn borrowers

Banks are feeling the liquidity crunch. The poor cash flow situation, coupled with rising credit offtake, has forced them to ... | Read..

Move to protect iron ore

Members of the parliamentary consultative committee of the ministry of commerce and industry are reported to have unanimousl ... | Read..

Bold reforms to meet fiscal target

Finance minister P. Chidambaram today said the government will undertake bold reforms and meet all its financial targets set ... | Read..

Finance minister P. Chidambaram at the Economic Editors Conference in New Delhi on Wednesday. (PTI)
Bold reforms to meet fiscal target

Sensex

6016.58

+19.88

Stock Indices

BSE-100	3219.09	(+19.16)
S&P CNX Nifty	1888.65	(+9.65)

Montek sees 7-8% growth
A growth rate of 7-8 per cent was feasible in the next two years of the Tenth Plan but the ?sli.. | Read..

String of pacts binds Tatas to Orissa
The Tatas and the Orissa government today signed contracts to set up a six-million-tonne hot-rolled.. | Read..

Power boards recharged

Responding to the demand of the state electricity boards for more transparency, the Union governmen.. | Read..

Exports up 9.5% in October

Exports crossed the $40-billion-mark in the first seven months of the current fiscal, even as the .. | Read..

FM softens stand on forex utilisation

Finance minister P. Chidambaram has finally relented: he has agreed to discuss the issue of uti.. | Read..

New patent bill ready for debut

Commerce minister Kamal Nath today said the patents amendment bill to enable the country to com.. | Read..

Name changed for road project

The UPA government has finally yielded to the temptation of renaming the Pradhan Mantri Bharat .. | Read..

China engineering market to be tapped

The Engineering Export Promotion Council (EEPC) is planning to send a 15-member delegation to C.. | Read..

Nicholas focus on new drug discovery

Domestic pharmaceutical major Nicholas Piramal India Limited (NPIL) will inaugurate its Rs 1000.. | Read..

Stock split in offing

Nicholas Piramal India Ltd is planning to split its shares of Rs 10 each into five shares of Rs 2 e.. | Read..

Alternative fuel use under review

The government is reviewing the previous NDA regime?s ambitious programme to run automobiles on.. | Read..

Lenders await HPL flotation

The lenders of Haldia Petrochemicals Limited (HPL) are yet to convert a portion of their debt i.. | Read..

Bangla trade issues to be resolved soon

Commerce minister Kamal Nath today said all trade issues with Bangladesh would be sorted out wi.. | Read..

AROUND THE GLOBE

Sears, Kmart seal merger deal

Sears, Roebuck & Co, a US department store operator, and discount retailer Kmart Holding Corp o.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Volvo to double bus sales

Share Prices

Name	BSE	NSE
HLL	135.15 (-0.65)	135.35 (-0.05)
ITC	1135.55 (-12.07)	1137.85 (-11.09)
Infosys	2072.08 (+24.00)	2076.09 (+27.85)
Reliance	543.85 (-1.00)	543.75 (-1.01)
Wipro	714.04 (-7.35)	717.75 (-10.09)
Zee	155.00 (+2.09)	155.00 (+2.85)

Foreign Exchange

US $1 : Rs 45.05	UK £1 : Rs 83.81
Euro : Rs 58.73	Yen 100 : Rs 43.01
HK $1 : Rs 5.07	SW Fr1 : Rs 37.08
Sing $1 : Rs 26.08	Aus $1 : Rs 34.45

Bullion

Bombay
Gold Std (10gm)	Rs. 6615
Gold 22 Carat	Rs. 6580
Silver bar (1kg)	Rs. 12170
Silver Portion	NA