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Front Page > Business
Stocks breach 6600
Markets get back to their winning ways as future looks perfect for hedging in oil prices
The sensex soared past the 6600-mark today as investors buoyed by the increase in foreign investment in telecom scrambled to scoop up shares. The move is seen as a sign that reforms are on track, and more could be expected in the Budget for 2005 ...  | Read.. 
 
MCX countdown to crude futures debut
As consumers and users fret over volatile crude prices and the absence of a hedging mechanism in India, the Multi-Commo ...  | Read.. 
 
Mauritius bank in SBI locker
State Bank of India (SBI) has zeroed in on the Mauritius-based Indian Ocean International Bank (IOIB) where it will pick up ...  | Read.. 
 
Sebi takeoff signal for Jet flotation
Jet Airways has emerged from the last air-pocket before its initial public offer with the company securing the long-awai ...  | Read.. 
 
Centre takes a big hit as states get richer
The Centre will suffer a Rs 26,000-crore hit in 2005-06 as a consequence of its decision to implement in toto the recomm ...  | Read.. 
 
Stocks breach 6600
Sensex
6619.97
+89.91
 
Stock Indices
BSE-1003568.29(+49.25)
S&P CNX Nifty2079.45(+27.02)
 
 
Govt readies cheap power tariff proposal
The Union power ministry will approach the cabinet to seek approval for a new tariff policy tha..  | Read.. 		 Sale code for life insurers in offing
Have you ever been suckered into buying a life insurance policy over the phone or the Internet?..  | Read.. 
 
Bonds face PF rate heat
The decision to hike interest rate on Employees Provident Fund (EPF) to 9.5 per cent is largely..  | Read.. 
 
Balrampur Chini to take preferential route
Balrampur Chini Mills Limited will issue fresh equity on a preferential basis to finance its Rs..  | Read.. 
 
Nath finds foreigners? appetite growing
Commerce minister Kamal Nath said today that India had figured more strongly than China on the ..  | Read.. 
 
Dabur formalities to close Balsara deal
Dabur India Ltd (DIL) is seeking shareholder approval for its recent acquisition of Balsara Hyg..  | Read.. 
 
Pureit quenches Lever thirst for new
Hindustan Lever Ltd has launched Pureit ? a gadget that purifies water...  | Read.. 
 
Hint of cess to promote renewable energy
Power may be dearer by one paise per unit to promote clean generation...  | Read.. 
 
AROUND THE GLOBE
US interest rates harden
The US Federal Reserve on Wednesday raised interest rates for a sixth straight time, extending a po..  | Read.. 
 
Qwest, MCI in merger talks
MCI Inc and Qwest Communications International Inc are in talks that could lead to a merger, the ..  | Read.. 
 
STOCK MARKET
Mutual Funds
CORPORATE BRIEFS
Tricom to hike capacity
ITM centre
Acer launch
Birla Power
IBM pact
Matrix office
 
Aircel stake sale
Glenmark plan
G-20 meet
Aviva move
Federal Bank
PSU board
 
Share Prices
NameBSENSE
HLL165.45
(+0.09)		165.06
(+0.95)
ITC1329.35
(+4.02)		1329.06
(+4.02)
Infosys2103.25
(+36.07)		2101.35
(+29.55)
Reliance541.01
(+7.25)		540.95
(+7.04)
Wipro694.05
(+8.04)		694.03
(+8.01)
Zee152.45
(-1.05)		152.06
(-1.02)
Foreign Exchange
US $1 : Rs 43.42UK £1 : Rs 82.02
Euro : Rs 56.58Yen 100 : Rs 41.76
HK $1 : Rs 5.05SW Fr1 : Rs 35.08
Sing $1 : Rs 26.00Aus $1 : Rs 33.25
Bullion
Bombay
Gold Std (10gm)Rs. 6080
Gold 22 CaratRs. 6035
Silver bar (1kg)Rs. 10400
Silver PortionNA
Calcutta
Gold Std (10gm)Rs. 6150
Gold 22 CaratRs. 5805
Silver bar (1kg)Rs. 10200
Silver PortionRs. 10300
 
 
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