The Telegraph - Calcutta : Business

| Saturday, July 09, 2005 |

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Salary swings in Reliance deal

Brothers Ambani ? Mukesh and Anil ? got an almost 100 per cent pay hike last year: both received Rs 22 crore as salary, perquisites and commissions from Reliance Industries, the Rs 57,000-crore behemoth within the Reliance group. ... | Read..

Sale pill prescribed for comatose PSUs

The government has decided to auction loss-making public sector units (PSU) in the market to strategic buyers, but with ... | Read..

Director ball in India Inc court

The government feels industry should be allowed to fix the number of independent directors on a board. ... | Read..

Patni puts ADS issue on fast track

Patni Computer Systems Ltd is planning a sponsored American depository shares (ADS) issue. ... | Read..

US tonic helps Lupin dream big

Lupin Ltd is on course to enhance its product offering in the US and European markets to include non-cephalosporin oral ... | Read..

MAKEOVER MOVE: The Left parties will make a representation to the government for merging the ailing IFCI with IDBI. They feel the move will help both ... | Read

Sensex

7212.08

+66.95

Stock Indices

BSE-100	3849.51	(+40.84)
S&P CNX Nifty	2196.02	(+16.08)

PNB keen to sell UTI stake
Punjab National Bank (PNB) is keen on selling its stake in UTI Asset Management Company (UTI AM.. | Read..

Assam flavour in Pakistan tea cups
A tea industry delegation, which will leave for Pakistan on Monday, is likely to propose the cr.. | Read..

Fresh date for new kerosene supply scheme

Petroleum minister Mani Shankar Aiyar today extended the deadline to introduce the improved pub.. | Read..

Oil prices near record high

Oil prices headed back towards record highs on Friday as financial markets shrugged off the impact .. | Read..

Orissa firm in refractory deal

The booming steel market has attracted Ucar Carbon of the United States, a leading manufacturer.. | Read..

Govt cuts foodgrain estimate

The government has scaled down its estimate of foodgrain production for 2004-05 to 204.61 milli.. | Read..

HDFC Bank to invest more in equity market

The Reserve Bank of India (RBI) has allowed HDFC Bank to invest 8 per cent of its net advances .. | Read..

Jai Balaji to raise Rs 44 cr

Jai Balaji Group will tap the capital market with an initial public offering (IPO) of group com.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Mahindra Renault board

Inflation rises to 4.14%

Share Prices

Name	BSE	NSE
HLL	158.65 (+0.35)	158.65 (+0.03)
ITC	1704.05 (+24.05)	1697.75 (+16.09)
Infosys	2333.02 (+15.35)	1334.95 (+15.05)
Reliance	620.06 (+6.75)	620.03 (+6.35)
Wipro	722.45 (+12.15)	722.09 (+12.04)
Zee	169.65 (+10.05)	169.06 (+9.08)

Foreign Exchange

US $1 : Rs 43.62	UK £1 : Rs 75.71
Euro : Rs 51.99	Yen 100 : Rs 38.82
HK $1 : Rs 5.55	SW Fr1 : Rs 33.01
Sing $1 : Rs 25.01	Aus $1 : Rs 31.07

Bullion

Bombay
Gold Std (10gm)	Rs. 6090
Gold 22 Carat	Rs. 6055
Silver bar (1kg)	Rs. 10645
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6160
Gold 22 Carat	Rs. 5815
Silver bar (1kg)	Rs. 10500
Silver Portion	Rs. 10600