The Telegraph - Calcutta : Business

| Tuesday, June 28, 2005 |

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Ratan Tata to stay at the helm till 2012

Ratan Tata will stay on as chairman of the Rs 75,000-crore Tata group till 2012. ... | Read..

Mukesh muffles IPCL merger buzz

Mukesh Ambani today ruled out the immediate merger of Indian Petrochemicals Corporation (IPCL) with Reliance Industries (RIL ... | Read..

Torrent to swallow Pfizer unit

The Ahmedabad-based Torrent Pharmaceuticals Ltd will acquire the German generic unit of Pfizer Inc, Heumann Pharma GmbH & ... | Read..

IOC on legal road to Haldia

Indian Oil Corporation has slapped a legal notice on Haldia Petrochemicals (HPL) for failing to transfer shares worth Rs 150 ... | Read..

Reliance board meet today

The board of Reliance Industries will meet tomorrow to discuss the issues arising out of the settlement between the Ambani b ... | Read..

Ratan Tata will stay on as chairman of the Rs 75,000-crore Tata group till 2012

Sensex

7151.08

+2.46

Stock Indices

S&P CNX Nifty	2199.08	(+5.45)
BSE-100	3792.78	(+1.57)

Bata bets on rural market, hopes to prune costs
Bata India Limited has undertaken initiatives to improve the company?s cost structure and margi.. | Read..

Fiat ramps up stake in Indian arm
Fiat Auto SpA, the Italian parent of the beleaguered Fiat India Pvt Ltd, has pumped in Rs 200 crore.. | Read..

Profit hunters swoop on peak

The sensex flirted with the 7200-mark today as markets swung to the beat of profit hunters who even.. | Read..

Corporate storm builds up on the fringe

The fringe benefit tax (FBT) imposed in the budget for 2005-06 had spooked corporate India. .. | Read..

Manmohan sees slower growth

Prime Minister Manmohan Singh today scaled down the economic growth rate during the plan period.. | Read..

Magma to raise Rs 36 crore

The board of Magma Leasing Limited has decided to allot 38 lakh shares on a preferential basis .. | Read..

Nokia venture funds zoom on local start-ups

Blue Run Ventures and Nokia Growth Partners, both venture capital firms, will fund start-ups in.. | Read..

New York hotel checks into Tata fold

Indian Hotels of the Tata group today announced that it has signed a 30-year contract to operat.. | Read..

IDFC price band at Rs 29-34

The Infrastructure Development Finance Company (IDFC) today announced a price band of Rs 29-34 .. | Read..

AROUND THE GLOBE

Iran change of guard stokes crude rally

Oil prices hit a new record above $60 a barrel on Monday, driven by demand growth resilience in the.. | Read..

IPO tops Burger King menu

Burger King Corp, the number-two fast-food brand to McDonald’s Corp, may float shares as early.. | Read..

DVD tech set to get a boost

Microsoft Corp and Toshiba Corp said on Monday they will strengthen their joint development of PCs .. | Read..

Stage set for Unocal talks

Executives from CNOOC and takeover target Unocal meet in New York this week and some fund managers .. | Read..

McGraw-Hill CEO baffles sceptics

When Harold Whittlesey McGraw III joined McGraw-Hill in 1980, there were plenty of sceptics ? d.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Lyka to buy BDR stake

Share Prices

Name	BSE	NSE
HLL	162.45 (-0.85)	162.45 (-0.75)
ITC	1635.45 (+31.55)	1636.85 (+33.09)
Infosys	2338.02 (+25.75)	2338.04 (+25.35)
Reliance	648.04 (-6.03)	648.65 (-6.00)
Wipro	756.05 (+6.01)	754.04 (+4.06)
Zee	150.05 (-1.75)	150.03 (-2.01)

Foreign Exchange

US $1 : Rs 43.51	UK £1 : Rs 79.66
Euro : Rs 53.01	Yen 100 : Rs 39.83

Bullion

Bombay
Gold Std (10gm)	Rs. 6290
Gold 22 Carat	Rs. 6255
Silver bar (1kg)	Rs. 10905
Silver Portion	NA