The Telegraph - Calcutta : Business

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| Wednesday, May 04, 2005 |

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Since 1st March, 1999

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It?s a divided house on the fringe

India Inc is divided on the fringe benefit tax: some firms intend to shoulder the burden while others are mulling the option of passing on at least a part of it that can be directly attributed to their employees. ... | Read..

IISCO merger on fast track

Indian Iron & Steel Company's merger with SAIL, coupled with a subsequent increase in its capacity, may finally be ... | Read..

Maran in Intel chase, heads for Santa Clara

Communications minister Dayanidhi Maran hopes to persuade Intel chief Craig Barrett to set up a computer chip manufacturing ... | Read..

Push to faster payment systems

The Reserve Bank of India (RBI) today said a new institution for facilitating retail payment systems will be set up in the c ... | Read..

Three more wait in the wings

The government today said it has received applications for the launch of three airlines ? Paramount Airways Private Ltd, V ... | Read..

Lock, stock and barrel: Godrej?s security equipment division has entered into an exclusive marketing tie-up with Canadian pre-manufactured door major ... | Read

Sensex

6216.77

+21.62

Stock Indices

BSE-100	3345.43	(+13.12)
S&P CNX Nifty	1920.07	(+3.95)

Call ends for promo service
Mobile phone users can breathe easy: operators will not push down your throat a chargeable value-ad.. | Read..

Six plans on LIC launch pad
Life Insurance Corporation of India (LIC) plans to introduce six new insurance policies during the .. | Read..

Purulia project on course

National Hydroelectric Power Corporation (NHPC) is set to finalise the financial and technical .. | Read..

Birla VXL unit to be put on the block

Birla VXL?s manufacturing unit for the OCM brand will be sold this financial year as part of a .. | Read..

Dasgupta pep talk to make VAT a success

Allaying traders? apprehension over value-added tax (VAT), Bengal finance minister Asim Dasgupt.. | Read..

Omega plans outlet in city

Watch lovers take heart. The legendary Swiss watchmaker, Omega, is opening an exclusive boutiqu.. | Read..

Sonata buys 5.27% of Saregama

Sonata Investments Limited, an investment company, has acquired a 5.27 per cent stake in Saregama I.. | Read..

Furore over ITC settlement

ITC Ltd continued to cause an uproar in Parliament, with members of the ruling alliance demandi.. | Read..

Thailand lists areas of interest

Indo-Thai bilateral trade is poised to register a growth of 30 per cent this year from $2 billi.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Spurt in Tinplate earnings

Reliance Energy equity

Share Prices

Name	BSE	NSE
HLL	132.75 (-0.03)	132.45 (-0.08)
ITC	1413.08 (+6.35)	1413.07 (+4.75)
Infosys	1902.00 (-12.07)	1901.45 (-13.07)
Reliance	540.07 (+6.75)	540.95 (+7.01)
Wipro	628.05 (-8.03)	627.35 (-10.65)
Zee	140.07 (-1.01)	140.07 (-0.09)

Foreign Exchange

US $1 : Rs 43.59	UK £1 : Rs 82.52
Euro : Rs 56.09	Yen 100 : Rs 41.49
HK $1 : Rs 5.55	SW Fr1 : Rs 35.08
Sing $1 : Rs 26.05	Aus $1 : Rs 33.05

Bullion

Bombay
Gold Std (10gm)	Rs. 6165
Gold 22 Carat	Rs. 6130
Silver bar (1kg)	Rs. 10460
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6245
Gold 22 Carat	Rs. 5895
Silver bar (1kg)	Rs. 10250
Silver Portion	Rs. 10350