The Telegraph - Calcutta : Business

| Thursday, March 10, 2005 |

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Foreign loans to be cheaper

The government is planning to set a lower cap on the rate of interest that domestic companies need to pay on their external commercial borrowings. ... | Read..

Break in rally after new high

Dalal Street was pregnant with expectation as the stock market opened for trading today. There was promise and riding high o ... | Read..

Death trap for debt funds

Talk about devil in the print. All those who felt the stock market was an unsafe animal with a volatile temper and were bett ... | Read..

Bengal bonds pay for poor state of finances

There?s bad news for Bengal. Domestic credit rating agency CARE has downgraded the rating assigned to a bond issue of West B ... | Read..

Cross-country pipeline pact to be inked soon

The memorandum of understanding for the Myanmar-Bangladesh-India gas pipeline is likely to be signed ?shortly? in Dhaka. The ... | Read..

Foreign loans to be cheaper

Sensex

6892.82

-22.27

Stock Indices

BSE-100	3714.02	(-18.79)
S&P CNX Nifty	2160.08	(-8.15)

IBP seeks Rs 350cr bailout package
IBP Ltd has sought a special package of Rs 350 crore from the ministry of petroleum and natural gas.. | Read..

Mid-air collision on fee structure
Travel agents and foreign airlines are squaring off again for another showdown ? and that could spe.. | Read..

Pfizer boss quits

Pfizer managing director Hocine Sidi Said today announced his plans to quit the company to explore .. | Read..

Tata Steel hunts for coal abroad

Tata Steel is planing to buy coal mines in Australia, Indonesia, Mozambique or New Zealand as part .. | Read..

GM launches new-look Corsa

General Motors India today unveiled the new-look Opel Corsa and said the company is working on seve.. | Read..

Move to help Tetley reduce debt burden

Tata Tea today announced the closure of the refinance of the entire outstanding debt in Tata Tea (G.. | Read..

Fidelity tunes in to Saregama

Fidelity Investments has picked up a 5.26 per cent stake in Saregama India Limited. .. | Read..

Goodricke focus on packet tea

Goodricke Group Limited has drawn up plans to expand its packet tea business and double its volume .. | Read..

GE Healthcare fitness drive

GE Healthcare Technologies today launched a high definition magnetic resonance (HDMR) device to.. | Read..

New twist to Birla case

Counsel for S. N. Prasad, co-accused in the criminal case along with Rajendra Singh Lodha, today tu.. | Read..

DCB awaits funds infusion

Aga Khan Fund for Economic Development (Akfed), the principal promoter of Development Credit Bank (.. | Read..

Call for ferro alloy duty cut rollback

The ferro alloy industry wants a rollback in the import duty cut announced in the budget. It fe.. | Read..

Israeli telecom company taps BPL

Tadiran Telecom of Israel is exploring opportunities to set up a manufacturing unit in India. It is.. | Read..

AROUND THE GLOBE

Lenovo clears US hurdle

China?s Lenovo Group Ltd won clearance from a US national security oversight committee to acquire I.. | Read..

Crude comes tantalisingly close to all-time high level

Oil prices held close to $55 a barrel on Wednesday, within sight of all-time highs, as late wintry.. | Read..

Aviva buys motor services firm

British insurer Aviva Plc said it had agreed to buy UK motor services company RAC Plc for about ?1... | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

DS group plans to diversify

Share Prices

Name	BSE	NSE
HLL	144.01 (-2.05)	144.15 (-1.09)
ITC	1371.09 (-9.08)	1372.95 (-1.05)
Infosys	2250.85 (-13.35)	2251.09 (-12.02)
Reliance	587.04 (-3.01)	587.85 (-3.25)
Wipro	714.03 (-2.07)	713.55 (-3.09)
Zee	141.55 (-2.02)	142.00 (-2.25)

Foreign Exchange

US $1 : Rs 43.65	UK £1 : Rs 84.11
Euro : Rs 58.35	Yen 100 : Rs 41.95
HK $1 : Rs 5.05	SW Fr1 : Rs 37.00
Sing $1 : Rs 26.04	Aus $1 : Rs 34.04

Bullion

Bombay
Gold Std (10gm)	Rs. 6375
Gold 22 Carat	Rs. 6335
Silver bar (1kg)	Rs. 11020
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6410
Gold 22 Carat	Rs. 6050
Silver bar (1kg)	Rs. 10950
Silver Portion	Rs. 11050