The Telegraph - Calcutta : Business

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| Saturday, May 21, 2005 |

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SBI beats rate cycle in profit run

It’s party time at the country’s largest public sector bank. State Bank of India has topped forecasts and come up with brilliant numbers for 2004-05. ... | Read..

Eye on control of UTI arm

State Bank of India (SBI) is eager to take control of UTI Asset Management Company (AMC), which will be put on the block by ... | Read..

Temasek to join Sabre for mutual fund float

The government today cleared the proposal of Temasek Holdings ? Singapore government’s investment arm ? to join hands w ... | Read..

Oil firms to meet NTPC fuel need

National oil companies have agreed to divert 2 million tonnes of naphtha from the export market to NTPC as the power maj ... | Read..

Call for duty hike to blunt steel import edge

The Indian Steel Alliance (ISA) has demanded an increase in duty to safeguard against cheap import of steel. ... | Read..

SBI beats rate cycle in profit run

Sensex

6499.05

+20.56

Stock Indices

BSE-100	3489.67	(+8.61)
S&P CNX Nifty	1992.04	(+1.55)

Sebi clears decks for BSE makeover plan
Sebi today put the Bombay Stock Exchange (BSE) on course for a makeover that would finally turn it .. | Read..

SingTel buys more in Bharti
Singapore Telecom (SingTel) has increased its stake in Bharti Telecom from 26.96 per cent to 32.81 .. | Read..

Tokio Marine in search of life partner

Japan’s largest insurer ? Tokio Marine and Fire Insurance Company ? is planning to enter I.. | Read..

SBI bond issue to raise capital

State Bank of India (SBI) will raise its tier-II capital by Rs 4,000 crore in the current financial.. | Read..

BoB bottomline takes a hit

Bank of Baroda (BoB) has posted a 35.24 per cent lower net profit at Rs 101.04 crore in the fou.. | Read..

Dena Bank loss at Rs 39 cr

Dena Bank has suffered a net loss of Rs 39.20 crore in the fourth quarter ended March 31 compar.. | Read..

UB gains height with Airbus plane

The UB group ? the parent company of Kingfisher Airlines ? will buy an Airbus Corporate Jetline.. | Read..

Electrosteel lines up GDR flotation

Electrosteel Castings Ltd (ECL) will issue global depository receipts (GDR) to fund its expansion p.. | Read..

China weaves new pattern in textile trade

China said on Friday it would increase tariffs on a range of textile exports to draw the sting out .. | Read..

STOCK MARKET

Mutual Funds

Inflation rate dips to 5.61%

Share Prices

Name	BSE	NSE
HLL	130.00 (-0.25)	130.05 (-0.02)
ITC	1497.03 (-2.65)	1497.65 (-1.01)
Infosys	2142.45 (+43.95)	2140.05 (+43.75)
Reliance	520.04 (-3.08)	520.45 (-3.85)
Wipro	664.65 (+7.25)	663.03 (+5.25)
Zee	148.07 (-4.03)	149.01 (-3.09)

Foreign Exchange

US $1 : Rs 43.46	UK £1 : Rs 79.83
Euro : Rs 54.85	Yen 100 : Rs 40.39
HK $1 : Rs 5.55	SW Fr1 : Rs 35.01
Sing $1 : Rs 25.07	Aus $1 : Rs 32.55

Bullion

Bombay
Gold Std (10gm)	Rs. 6040
Gold 22 Carat	Rs. 6000
Silver bar (1kg)	Rs. 10710
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6105
Gold 22 Carat	Rs. 5765
Silver bar (1kg)	Rs. 10625
Silver Portion	Rs. 10725