The Telegraph - Calcutta : Business

| Saturday, April 16, 2005 |

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Markets mauled in Friday frenzy

On a muggy Mumbai afternoon, a swarm of skittish sellers turned stock markets into a slaughter house, shredding investor confidence and leaving the sensex bleeding like it was on May 28 last year. ... | Read..

Rate of inflation rises to 5.26%

The rate of inflation rose by 0.21 per cent to touch 5.26 per cent in the first week of 2005-06. ... | Read..

Bitter pill for DRL in Eli Lilly patent suit

Dr Reddy?s Laboratories (DRL) has lost a key patents case against drug major Eli Lilly & Company. ... | Read..

Bharti to take a call on new ventures

The Bharti group plans to enter new areas like retailing, railways, agro-processing and civil aviation. It will soon underta ... | Read..

Mobile users get welcome call

The telecom regulator today allayed fears that mobile call costs for roaming subscribers would rise as a result of last ... | Read..

Markets mauled in Friday frenzy

Sensex

6248.34

-219.58

Stock Indices

BSE-100	3368.23	(-105.68)
S&P CNX Nifty	1956.03	(-68.15)

FIIs take a shine to steel
Foreign financial institutions (FIIs) have raised their stakes in frontline steel companies like Ta.. | Read..

Tata Tea brews spin-off
Tata Tea is drawing up plans to transfer its tea plantations in Dooars and Assam to a new entity. .. | Read..

More time to ponder

The Telecom Regulatory Authority of India (Trai) has extended by a fortnight the date to receiv.. | Read..

Easy finance fuels car sales

The Indian automobile industry grew by 16 per cent across all segments in 2005-06 selling 78,96.. | Read..

Hewlett to help BoB in facelift

Bank of Baroda (BoB) today announced an ambitious technology-enabled business transformation pr.. | Read..

Policy boost to jute exports

The government today announced the national jute policy aiming at a five-fold increase in jute.. | Read..

Rabobank sows seeds of equity fund

Rabobank will launch a private equity fund for the food and agricultural sector within June thi.. | Read..

UK aid for Rover staff

Tony Blair?s Labour government offered workers and suppliers .. | Read..

Bharat Forge GDR priced at $27.50

Bharat Forge, the Pune-based auto component major, has priced its $100-million GDR issue at $27.50... | Read..

LIC goes high-tech

Life Insurance Corporation of India (LIC) has gone high-tech to understand the usage profiles .. | Read..

Anupam Tech forays into BPO

City-based Anupam Technologies has commenced BPO activities with a 110-seat contact centre at S.. | Read..

AROUND THE GLOBE

GE profit up 25% in first quarter

General Electric Co on Friday said first-quarter profit rose 25 per cent and lifted the low end of .. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Godrej, Masonite in pact

Share Prices

Name	BSE	NSE
HLL	132.03 (-2.04)	132.25 (-2.07)
ITC	1376.08 (-38.07)	1376.85 (-40.06)
Infosys	1956.06 (-145.07)	1957.01 (-144.04)
Reliance	529.07 (-15.75)	529.75 (-15.08)
Wipro	605.35 (-40.06)	605.06 (-39.85)
Zee	131.65 (-4.35)	132.01 (-4.02)

Foreign Exchange

US $1 : Rs 43.83	UK £1 : Rs 82.54
Euro : Rs 56.26	Yen 100 : Rs 40.49
Yen 100 : Rs 40.49

Bullion

Bombay
Gold Std (10gm)	Rs. 6130
Gold 22 Carat	Rs. 6090
Silver bar (1kg)	Rs. 10645
Silver Portion	NA