The Telegraph - Calcutta : Business

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| Thursday, April 21, 2005 |

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Three-way treat from Guj Ambuja

Gujarat Ambuja Cements (GACL) today doled out a triple bonanza for investors when it announced a bonus issue in the ratio of 1:2, split the face-value of its share to Rs 2 and announced an interim dividend of 60 per cent for the financial year endin ... | Read..

Biocon net rises to Rs 198 cr

Biocon Ltd has posted a 42 per cent rise in net profit in 2004-05 at Rs 198 crore compared with Rs 139 crore in the previous ... | Read..

FDA nod sought for oral insulin

Biocon Ltd will seek the United States? FDA approval in December for its oral insulin. The clinical trials will kick off aft ... | Read..

Damage control in markets

Shares of leading pivotals bounced back from a three-day losing streak on the bourses today as the sensex went on a 109-poin ... | Read..

Purnendu to get six months on HPL

The Bengal government will give Purnendu Chatterjee six months to sign a pact for buying its 36 per cent stake in Haldia Pet ... | Read..

Three-way treat from Guj Ambuja

Sensex

6243.74

+108.88

Stock Indices

BSE-100	3359.55	(+49.41)
S&P CNX Nifty	1929.07	(+20.03)

Tech-tonic shift in market cap
The four IT heavyweights ? Infosys, TCS, Wipro and Satyam ? together lost Rs 22,288 crore marke.. | Read..

VAT build-up pricks Wockhardt bottomline
Pharmaceuticals major Wockhardt today announced a disappointing first-quarter profit of Rs 38 crore.. | Read..

Railway projects put on fast track

The cabinet committee on economic affairs today decided to prioritise railway projects according to.. | Read..

TCS swings into action to soothe nerves

A day after Tata Consultancy Services (TCS) came out with its annual results, CEO and managing .. | Read..

Cellular firms set to dial tribunal number

Mobile operators will move the Telecom Dispute Settlement and Appellate Tribunal (TDSAT) agains.. | Read..

Alstom eyes stakes in local projects

Alstom will pick up a minority stake in the upcoming power projects in India as part of its str.. | Read..

Crude fuels ONGC net spurt

ONGC has clocked a net profit of Rs 9,611 crore for the financial year ended March 31. The comp.. | Read..

Bengal goes power shopping

Bengal wants to buy power from North Eastern Electric Power Corporation (Neepco) and other util.. | Read..

OIL ready for August drill in Rajasthan

Oil India Ltd (OIL) is expected to drill an oil well under a pilot project in the Baghewala blo.. | Read..

Three Tata projects flagged off in Orissa

The Tata group today commissioned three major projects in steel, information technology and tourism.. | Read..

Vijaya Bank net drops

Vijaya Bank today reported a 7.4 per cent drop in its net profit at Rs 380.57 crore for the fiscal .. | Read..

Surge in gem exports

The country?s gem and jewellery exports jumped by 29.3 per cent to touch the $15.7-billion mark dur.. | Read..

AROUND THE GLOBE

Airline merger hovers in US sky

US Airways Group Inc and America West Holdings Corp are in advanced merger talks to create what wou.. | Read..

Centrino fuels Intel earnings

Intel Corp, the world?s largest chip maker, on Tuesday reported a 25 per cent rise in quarterly pro.. | Read..

US drag on Ford fortunes

Ford Motor Co on Wednesday posted a 38 per cent drop in quarterly earnings, pressured by falling U.. | Read..

Yahoo profit doubles as advertising clicks

Yahoo Inc said on Tuesday its quarterly profit doubled on Web advertising growth and it issued a he.. | Read..

JP Morgan Chase beats forecast, net up 17%

JPMorgan Chase & Co, one of the largest US banks, on Wednesday said quarterly earnings rose 17 .. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Polaris plans buyback

Share Prices

Name	BSE	NSE
HLL	131.05 (+3.05)	131.02 (+4.03)
ITC	1371.01 (+1.95)	1372.45 (-2.65)
Infosys	1947.75 (+33.65)	1948.00 (+35.04)
Reliance	530.02 (+16.01)	530.05 (+16.05)
Wipro	594.09 (+18.55)	594.95 (+18.00)
Zee	134.05 (+4.02)	134.35 (+3.09)

Foreign Exchange

US $1 : Rs 43.75	UK £1 : Rs 83.07
Euro : Rs 57.08	Yen 100 : Rs 40.92
HK $1 : Rs 5.05	SW Fr1 : Rs 36.55
Sing $1 : Rs 25.95	Aus $1 : Rs 33.35

Bullion

Bombay
Gold Std (10gm)	Rs. 6230
Gold 22 Carat	Rs. 6195
Silver bar (1kg)	Rs. 10855
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6305
Gold 22 Carat	Rs. 5955
Silver bar (1kg)	Rs. 10745
Silver Portion	Rs. 10845