The Telegraph - Calcutta : Business

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| Thursday, December 02, 2004 |

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Reliance line of control marked

The Rs 99,000-crore Reliance group has a simple formula to settle the ownership issues between the squabbling Ambani siblings: the ownership of a business vests with the person who controls it. ... | Read..

REL eyes buyouts in north

Reliance Energy will participate in the international competitive bidding for five power distribution companies (discoms ... | Read..

IISCO loses healing hand

IISCO?s turnaround man H. M. P. Singh has resigned from SAIL in search of greener pastures. Singh is believed to be join ... | Read..

Patel grounds Branson stake plan

Maverick business tycoon Sir Richard Branson?s desire to buy a stake in an Indian carrier dimmed today with civil aviati ... | Read..

Nokia dials for local manufacturing unit

Nokia, the mobile handset and network major, will invest $100-$150 million to set up a manufacturing facility in India t ... | Read..

Reliance line of control marked

Sensex

6227.83

-6.46

Stock Indices

BSE-100	3346.18	(+6.43)
S&P CNX Nifty	1962.05	(+3.25)

Bangalore picked for Microsoft R&D hub
Microsoft Research will set up a facility in Bangalore in January... | Read..

Bengal scouts for funds from stalwarts
If the tech world?s titans are in town, Bengal?s B-team gets busy. .. | Read..

Sensex returns from new peak

The sensex swept to a new historic high of 6272.68 today, only to give up those gains when a sw.. | Read..

Deccan Aviation to service Bell choppers

Deccan Aviation Ltd has opened a maintenance and overhauling facility to service Bell helicopte.. | Read..

Konark Met Coke to merge with Neelachal

The Union cabinet today approved the merger of Konark Met Coke Ltd (KMCL) with Neelachal Ispat .. | Read..

Treo 600 phone for people on the move

BlackBerry has one more competitor: After Krome, touted as the world?s smallest Microsoft Windo.. | Read..

Encore sees surge in simputer sales

Encore Software Ltd expects a surge in the sales of simputer ? an inexpensive hand-held compute.. | Read..

Expert reveals secret of success

Jan Carlzon, turnaround artist-morphed-into-management guru, has one message for India: don?t f.. | Read..

SBI open to local bank buyout if it adds value

State Bank of India (SBI) may acquire a bank in the country as part of the consolidation drive .. | Read..

Nasscom quality check on BPO firms

The National Association of Software and Services Companies (Nasscom) will start implementing q.. | Read..

Power-packed ONGC plan

Oil and Natural Gas Corporation (ONGC) plans to integrate its 150 offshore platforms on a singl.. | Read..

GE Finance forays into home-loan market

GE Consumer Finance, the global consumer lending unit of General Electric Company, today expand.. | Read..

Car price hikes roll, Hyundai leads pack

Hyundai Motor India today raised prices of its two models, while Maruti and Czech car firm Skoda an.. | Read..

UK firm shifts unit to India

British auto component firm Carclo Plc is shifting its cable manufacturing unit from England to Ind.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Colgate Palmolive payout

Share Prices

Name	BSE	NSE
HLL	143.01 (-1.45)	142.85 (-1.75)
ITC	1290.05 (+2.04)	1289.65 (+0.85)
Infosys	2108.00 (-40.35)	2108.35 (-40.85)
Reliance	528.25 (+11.05)	527.05 (+10.45)
Wipro	755.01 (-11.05)	755.02 (-11.02)
Zee	149.95 (-2.05)	149.09 (-2.02)

Foreign Exchange

US $1 : Rs 44.46	UK £1 : Rs 85.31
Euro : Rs 59.12	Yen 100 : Rs 43.21
HK $1 : Rs 5.07	SW Fr1 : Rs 38.55
Sing $1 : Rs 26.75	Aus $1 : Rs 34.02

Bullion

Bombay
Gold Std (10gm)	Rs. 6660
Gold 22 Carat	Rs. 6630
Silver bar (1kg)	Rs. 12120
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6700
Gold 22 Carat	Rs. 6325
Silver bar (1kg)	Rs. 11850
Silver Portion	Rs. 11950