The Telegraph - Calcutta : Business

| Friday, March 04, 2005 |

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Budget brew whets appetite for stocks

Six indices scaled historic highs on bourses today, hoisted by investors gradually waking up to the fact that the budget gave more than it took. ... | Read..

Divestment likely to yield Rs 12,000 cr

The finance ministry has set an unofficial target of collecting Rs 10,000-12,000 crore from divestment in the next fiscal, m ... | Read..

IOB to seek board nod for global offer

Indian Overseas Bank (IOB) is considering an issue of global depository receipts (GDRs) which will be listed on the Singapor ... | Read..

PNB band at Rs 350-390

Punjab National Bank (PNB) has fixed a price band of Rs 350-390 for its follow-on public offer of up to eight crore shares. ... | Read..

Tax sops for Punjab, Bina refineries

It?s champagne time for Hindustan Petroleum and Bharat Petroleum as the decks have been cleared for resuming the stalled ... | Read..

the African safari: The government today said it is committed to the growth and development of Africa. ?We are keen on institutionalising our strong h ... | Read

Sensex

6784.72

+97.83

Stock Indices

BSE-100	3657.02	(+50.57)
S&P CNX Nifty	2128.85	(+35.06)

Hero Honda to foray into scooters
Hero Honda Motors, the country?s biggest motorcycle maker, is planning to launch a scooter mode.. | Read..

Myanmar holds out hope for Bengal
The prospects of natural gas reaching eastern India, especially Bengal, from Myanmar has bright.. | Read..

EEPC plans demo in Jakarta

The massive reconstruction work in Indonesia, as a fallout of the devastating tsunami in last D.. | Read..

LG hopes to hit sales sixer with ad blitz

LG Electronics India is splashing out Rs 60 crore on a high-decibel promotional blitz for the I.. | Read..

Hyundai, Skoda slash prices

Skoda Auto India, a fully owned subsidiary of Czech company Skoda Auto, today announced price cuts .. | Read..

IA plane purchase plan goes to cabinet

Indian Airlines has sent to the cabinet the details of price negotiations with European aircraf.. | Read..

Govt agrees to tax-share formula

The action taken report of the 12th Finance Commission include the acceptance by the government.. | Read..

UTI to get Rs 1200 cr

The government will provide Rs 1,200 crore to UTI-I in the next fiscal to enable closure of three a.. | Read..

STOCK MARKET

Share Prices

Name	BSE	NSE
HLL	150.04 (+3.65)	150.03 (+3.45)
ITC	1345.04 (+5.05)	1346.09 (+5.95)
Infosys	2218.05 (+35.03)	2214.45 (+27.04)
Reliance	558.45 (+9.65)	558.06 (+8.95)
Wipro	697.45 (+26.00)	696.55 (+25.45)
Zee	135.09 (+1.01)	136.02 (+1.25)

Foreign Exchange

US $1 : Rs 43.72	UK £1 : Rs 83.53
Euro : Rs 57.54	Yen 100 : Rs 41.69
HK $1 : Rs 5.05	SW Fr1 : Rs 36.65
Sing $1 : Rs 26.35	Aus $1 : Rs 33.08

Bullion

Bombay
Gold Std (10gm)	Rs. 6260
Gold 22 Carat	Rs. 6225
Silver bar (1kg)	Rs. 10850
Silver Portion	NA