The Telegraph - Calcutta : Business

| Saturday, June 18, 2005 |

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ITC splits stock, offers 1:2 bonus

ITC today announced a 1:2 bonus (one share for every two held) and split its stock to face value of Re 1 from Rs 10. ... | Read..

Chidambaram note sparks debate

The finance ministry has sent a note to all ministries seeking marginal divestment in profit-making state-run units through ... | Read..

Jharkhand CM stirs Tata land dispute

The bitter-sweet relations between the Tatas and the Jharkhand government today once again spilled out in the open. ... | Read..

Left seeks Singh’s help to thwart Posco plan

Left leaders today asked Prime Minister Manmohan Singh to stop Korean steel major Posco from setting up a $12-billion steel ... | Read..

IIMs unite to create a pool of independent directors

The IIMs in Ahmedabad, Bangalore, Calcutta and Lucknow and the Hyderabad-based Administrative Staff College of India are gea ... | Read..

ITC splits stock, offers 1:2 bonus

Sensex

6906.52

+6.11

Stock Indices

BSE-100	3681.61	(-2.58)
S&P CNX Nifty	2123.04	(-0.03)

PM prescribes trade tonic
Prime Minister Manmohan Singh today directed various ministries to work towards removing infrastruc.. | Read..

Fresh stake churn at ING Life
Life insurance ventures in the country are in for a major rejig, especially in their holding patter.. | Read..

Big leap in broadband usage

Broadband subscribers in India grew by 290 per cent to 1.83 lakh from 0.47 lakh during the quar.. | Read..

Telecom twins fail Trai test on parameters

Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd have failed to offer telephones with.. | Read..

Durgapur Steel banks on IISCO merger

With the Union cabinet giving its go-ahead to the proposal of IISCO merger with Steel Authority.. | Read..

Nectar IPO on June 22

Nectar Lifesciences Ltd will launch an initial public offering to raise around Rs 90 crore from.. | Read..

JM Mutual eyes Rs 200-cr kitty

JM Mutual Fund has launched a new open-ended equity scheme, JM Emerging Leaders Fund, beginning.. | Read..

Khadim’s steps out, to set up export unit

Bengal’s home grown footwear brand Khadim’s is going international... | Read..

Visaka plans Rs 200cr update

Visaka Industries has finalised a Rs 200-crore investment plan for the next three years. The co.. | Read..

Stage set for fresh Syndicate Bank issue

The Securities and Exchange Board of India (Sebi) has approved Syndicate Bank’s proposal f.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

EIL net up 40%, pays 75%

Inflation skids to 4.22%

Share Prices

Name	BSE	NSE
HLL	149.01 (+0.65)	149.35 (+0.15)
ITC	1546.00 (-3.25)	1546.15 (-3.01)
Infosys	2288.08 (+8.65)	2288.01 (+7.65)
Reliance	600.85 (+10.05)	600.25 (+10.00)
Wipro	743.06 (+8.07)	743.08 (+9.25)
Zee	142.01 (-0.02)	142.04 (-0.05)

Foreign Exchange

US $1 : Rs 43.56	UK £1 : Rs 79.55
Euro : Rs 53.08	Yen 100 : Rs 40.04
HK $1 : Rs 5.55	SW Fr1 : Rs 33.75
Sing $1 : Rs 25.05	Aus $1 : Rs 33.01

Bullion

Bombay
Gold Std (10gm)	Rs. 6250
Gold 22 Carat	Rs. 6220
Silver bar (1kg)	Rs. 11035
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6330
Gold 22 Carat	Rs. 5975
Silver bar (1kg)	Rs. 10950
Silver Portion	Rs. 11050