The Telegraph - Calcutta : Business

| Wednesday, June 08, 2005 |

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Easy on the home run

Service tax breather to help apartment buyers

Call it Left pressure or builders’ clout, the good news is the government’s bite out of that dream flat you were eyeing has just loosened a little. ... | Read..

Pervez ring of reality to pipe dream

Pakistan President Pervez Musharraf today gave the go-ahead for accelerating the official level talks on the proposed Iran-P ... | Read..

Merger buzz around IPCL

The end of a shareholder agreement on the acquisition of Indian Petrochemicals Corporation (IPCL) has touched off speculatio ... | Read..

iGate brings in stock options

iGate Global Solutions, the computer services company headed by Phaneesh Murthy, today announced the grant of stock options ... | Read..

Spice Tele cries foul over stake buyout bid

Spice Telecom is not up for sale and Essar’s attempts to buy out the foreign holding in the Punjab and Karnataka cellul ... | Read..

Ring leader: (From left) Norm Lo, vice-president (Asia Pacific) of Research in Motion, Atul Bindal, director and chief marketing officer of Bharti Cel ... | Read

Sensex

6781.25

+23.06

Stock Indices

BSE-100	3647.66	(+16.87)
S&P CNX Nifty	2098.15	(+5.35)

Stay in the loop with high-end BlackBerry
AirTel has introduced an advance version of the BlackBerry business phone in India ? BlackBerry 710.. | Read..

Goldman on hiring high
The Goldman Sachs group plans to expand its India operations and increase headcount at itsBangalore.. | Read..

More room for overseas venture loans

The Reserve Bank of India (RBI) will give more freedom to banks in matters of extending financial a.. | Read..

Kinetic poised for turnaround

Two-wheeler major Kinetic Motor Company Limited is expected to turn around this year. Its sister co.. | Read..

Saving grace in offshoring

Outsourcing IT, IT-enabled services (ITeS) and business process (BPO) work to India has helped firm.. | Read..

NIIT Tech profit jumps 77%

NIIT Technologies Ltd (NTL) recorded a 77 per cent jump in net profit at Rs 58.5 crore during 2004-.. | Read..

Oracle unveils product information solution

Oracle today unveiled its product information management data hub (PIM Data Hub), an enterprise dat.. | Read..

Merchant banking licence for Rabo arm

Rabo India Securities, a 100 per cent subsidiary of Rabo India Finance, has received a category I m.. | Read..

3:2 bonus from Kotak Bank

The board of Kotak Mahindra Bank has recommended a bonus issue of three shares for every two held.. | Read..

Maiden commodity futures index

MCX-Comdex, the country’s first composite commodity futures index was unveiled today, when the.. | Read..

Sahara PCs for less than 10K

Sahara Computers and Electronics today launched desktop personal computers at Rs 9,999. .. | Read..

AROUND THE GLOBE

GM repair to cost 25000 jobs

General Motors Corp expects to close more US assembly and component plants over the next few years,.. | Read..

STOCK MARKET

Share Prices

Name	BSE	NSE
HLL	143.05 (-4.05)	143.05 (-4.01)
ITC	1549.06 (-31.35)	1550.25 (-31.15)
Infosys	2235.35 (+16.07)	2232.85 (+16.04)
Reliance	547.08 (-4.00)	547.85 (-4.45)
Wipro	731.09 (+17.00)	731.55 (+15.35)
Zee	149.75 (+0.06)	149.85 (+0.65)

Foreign Exchange

US $1 : Rs 43.55	UK £1 : Rs 79.75
Euro : Rs 53.55	Yen 100 : Rs 40.81
HK $1 : Rs 5.55	SW Fr1 : Rs 34.35
Sing $1 : Rs 25.65	Aus $1 : Rs 32.08

Bullion

Bombay
Gold Std (10gm)	Rs. 6100
Gold 22 Carat	Rs. 6070
Silver bar (1kg)	Rs. 10985
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6195
Gold 22 Carat	Rs. 5850
Silver bar (1kg)	Rs. 10825
Silver Portion	Rs. 10925