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Since 1st March, 1999
 
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All clear for stock-play vehicle
Capital market regulator M. Damodaran today said there were no plans to ban participatory notes ? the derivative instrument that is reported to have been misused by a few entities to engineer the market meltdown last May. ...  | Read.. 
 
Markets breathe easy, other suspects queasy
Markets heaved a sigh of relief today after indications emerged that participatory notes would not be scrapped as a vehicle ...  | Read.. 
 
Posco plant fine, not ore exports, says Tata
Investment Commission chairman Ratan Tata today met mines minister Sis Ram Ola and said Pohang Steel Company (Posco) should ...  | Read.. 
 
IDFC files prospectusfor maiden flotation
Infrastructure Development Finance Company (IDFC) has filed a red herring prospectus with Sebi for a public issue of 40.36 c ...  | Read.. 
 
Bengal lobbies for more SSI loans
The Bengal government has urged banks to disburse more loans to small-scale units. ...  | Read.. 
 
Talk at ease: A woman holds a 3G phone at the launch of local service provider Celcom’s 3G service in Kuala Lumpur on Wednesday. Malaysia will award two more third-generation mobile licences to spur competition in the industry, bringing
the total to four. (AFP)
Sensex
6447.00
-19
 
Stock Indices
BSE-1003464.14(-8.63)
S&P CNX Nifty1982.75(-8.05)
 
 
Growth-hungry UBI eager to lend more
United Bank of India (UBI) has set a target of Rs 50,000 crore worth of business and a net profit o..  | Read.. 
Bengal plays Basell hardball
The Bengal government may go back on its decision to sell its stake in Haldia Petrochemicals (HPL) ..  | Read.. 
 
Finance corporation in debt rejig
West Bengal Financial Corporation (WBFC) has started a debt restructuring exercise...  | Read.. 
 
IBP profit plummets to Rs 59 crore
The net profit of IBP has plunged 73 per cent to Rs 58.87 crore for the financial year ended March ..  | Read.. 
 
Gail gets Rs 4962cr sales tax breather
After ITC, it’s the turn for Gail (India) to breathe a huge sigh of relief...  | Read.. 
 
Bank of Rajasthan to raise Rs 1000 cr
Bank of Rajasthan (BoR) plans to raise up to Rs 1000 crore through American depository receipts (AD..  | Read.. 
 
Jessop revises wages
Jessop & Co today forged a new long-term wage revision agreement with its workers...  | Read.. 
 
India ranks third on global FDI chart
India has received a record $3.75 billion (Rs 17,266.52 crore) foreign direct investment (FDI) in t..  | Read.. 
 
AROUND THE GLOBE
China permits trading in foreign currencies
China launched a foreign exchange dealing system on Wednesday that allows domestic trading in curr..  | Read.. 
 
Job cut fuels HP quarterly earnings
Hewlett-Packard Co on Tuesday posted a 9 per cent rise in quarterly profit as the No. 2 computer m..  | Read.. 
 
STOCK MARKET
Mutual Funds
CORPORATE BRIEFS
Corp Bank loan
Reliance Info
Shree Cement
OBC rating
Bharti award
Satyam deal
 
Growth forecast at 7.2%
HLL delisting
GE foray
Blackstone
Basel II
 
Share Prices
NameBSENSE
HLL130.05
(-1.05)
130.05
(-1.02)
ITC1485.01
(+5.95)
1485.05
(+6.07)
Infosys2043.03
(-21.01)
2042.25
(-21.07)
Reliance529.09
(+3.09)
529.06
(+3.65)
Wipro650.85
(-2.03)
652.35
(-5.01)
Zee152.03
(+1.25)
152.15
(+0.85)
Foreign Exchange
US $1 : Rs 43.48UK £1 : Rs 79.72
Euro : Rs 54.86Yen 100 : Rs 40.05
HK $1 : Rs 5.55SW Fr1 : Rs 35.05
Sing $1 : Rs 25.07Aus $1 : Rs 32.04
Bullion
Bombay
Gold Std (10gm)Rs. 6030
Gold 22 CaratRs. 5995
Silver bar (1kg)Rs. 10635
Silver PortionNA
Calcutta
Gold Std (10gm)Rs. 6105
Gold 22 CaratRs. 5765
Silver bar (1kg)Rs. 10500
Silver PortionRs. 10600