The Telegraph - Calcutta : Business

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| Wednesday, December 08, 2004 |

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Mukesh kept in power project loop

All board members of Reliance Industries (RIL) attended the Reliance Energy (REL) meeting that cleared the Rs 11000-crore power project at Dadri in UP. ... | Read..

Unocal shadow on gas import plan

It has now become increasingly evident that serious differences between US? Unocal and the Bangladesh companies seem to ... | Read..

Bangla refuses surety shield

Bangladesh is unwilling to grant Indian investments, including the planned Tata ventures worth over $2 billion, any sove ... | Read..

Ranbaxy charts expansion route

Ranbaxy Laboratories Limited, the domestic pharmaceutical major, is charting business expansion plans that traverse thre ... | Read..

Push to bills on default, mid-cap bourse

The Lok Sabha today approved a bill that allows banks and financial institutions to take possession and sell securities ... | Read..

Talking heads: (From left) Infosys chairman N. R. Narayana Murthy, Godrej Industries MD Nadir Godrej, Moser Baer India MD Deepak Puri and Tata Sons ex ... | Read

Sensex

6316.28

-6.22

Stock Indices

BSE-100	3401.13	(-0.84)
S&P CNX Nifty	1992.07	(-0.45)

Gartner sees big jump in infotech spend
Research and analyst firm Gartner has predicted that domestic enterprises will spend almost Rs .. | Read..

Regulator clears air on cross-subsidy in power
A state government can issue policy directions if it feels that an electricity regulatory commi.. | Read..

Fiscal package for economic zones

The government is working on a legislative framework and a fiscal package for special economic .. | Read..

Move to put tourism on concurrent list

Union tourism minister Renuka Chowdhury today said her ministry had requested Prime Minister Ma.. | Read..

India Inc pens growth script in prose & verse

Indian multinationals have a long way to go before they catapult into the big league. .. | Read..

Investors take fancy to hotel stocks

Riding on the comeback trail of the domestic hotel industry, the hotel stocks have been on the .. | Read..

Dell campus in Hyderabad

Dell India is setting up its own campus in Hyderabad. Dell India managing director Romi Malhotr.. | Read..

Tata Motors in pact with SBI

Tata Motors and State Bank of India (SBI) have inked a pact under which the bank will be the pr.. | Read..

Israel moots ?smart guy? linkup

Israeli Vice-Premier Ehud Olmert today said ?smart guys? from India and Israel should pool in t.. | Read..

United Bank in branch rejig

United Bank of India (UBI) has decided to merge 11 of its branches and open an equal number in .. | Read..

More phone users

The appetite of an Indian consumer for telephones is growing every month as 1.79 million subscr.. | Read..

Fund for India, China flows

China?s Far Eastern Investment Group will set up a dedicated fund for Indian companies wanting to i.. | Read..

AROUND THE GLOBE

Colgate rejig has a brush with layoffs

Consumer goods maker Colgate-Palmolive Co said on Tuesday it would cut about 12 per cent of its 37,.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Veritas to invest $50 m

Share Prices

Name	BSE	NSE
HLL	154.06 (+3.08)	154.15 (+3.35)
ITC	1276.15 (+10.06)	1275.45 (+9.75)
Infosys	2038.95 (+9.05)	3039.09 (+9.75)
Reliance	517.03 (-13.08)	517.05 (-13.09)
Wipro	757.15 (+15.03)	757.15 (+14.55)
Zee	162.55 (+4.95)	162.45 (+5.35)

Foreign Exchange

US $1 : Rs 43.72	UK £1 : Rs 85.12
Euro : Rs 58.79	Yen 100 : Rs 42.06
HK $1 : Rs 5.55	SW Fr1 : Rs 37.09
Sing $1 : Rs 26.25	Aus $1 : Rs 33.55

Bullion

Bombay
Gold Std (10gm)	Rs. 6585
Gold 22 Carat	Rs. 6545
Silver bar (1kg)	Rs. 12140
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6620
Gold 22 Carat	Rs. 6250
Silver bar (1kg)	Rs. 11900
Silver Portion	Rs. 12000