The Telegraph - Calcutta : Business

| Tuesday, July 12, 2005 |

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Panel pricks oil merger bubble

The oil advisory committee is not in favour of a merger of the public sector companies to create a behemoth. Instead, in its report submitted to petroleum minister Mani Shankar Aiyar today, the panel has suggested greater autonomy for oil PSUs by tr ... | Read..

Govt ready to change selloff tack

Stung by the Left opposition to stake sale in Bharat Heavy Electricals Ltd, the Congress-led UPA government now wants to cha ... | Read..

IDBI in search of company for life insurance

IDBI Ltd has firmed up plans to float a life insurance company on its own. ... | Read..

Anil douses buyout rumours

Anil Ambani today scrambled to douse rumours that he is staking companies in the media, entertainment and banking space. ... | Read..

Sensex touches Monday milestone

The sensex today soared past the 7300-mark for the first time, boosted by frantic buying by foreign funds following a sh ... | Read..

Petroleum minister Mani Shankar Aiyar (right) with V. Krishnamurthy, chairman of the committee on synergy in energy, in New Delhi on Monday. (AFP)
Panel pricks oil merger bubble

Sensex

7306.74

+94.66

Stock Indices

BSE-100	3893.09	(+44.39)
S&P CNX Nifty	2218.85	(+22.65)

B-schools make a beeline to cross the boundary
India?s best-known B-schools are preparing to establish beachheads abroad. The Indian Institute of .. | Read..

Wadia?s GoAir raring to go
GoAir ? Jeh Wadia?s start-up airline ? will sign up for 50 new aircraft by December, making it the .. | Read..

Bajaj Hind to break into top five

Bajaj Hindusthan Ltd is aiming to become one of the five largest sugar producers in the world... | Read..

P&G detergent deal valued at Rs 101 cr

Procter & Gamble Hygiene and Healthcare Ltd will get Rs 101 crore from the sale of its dete.. | Read..

Indian Airlines to augment fleet

The government today said Indian Airlines (IA) would take on lease 12 wide-bodied aircraft and .. | Read..

Dena Bank vows to cut bad assets

Dena Bank plans to bring down its bad assets from 5.23 per cent of advances to 2 per cent in the cu.. | Read..

Centurion Bank profit leaps 251%

Centurion Bank has reported a 251 per cent rise in its standalone net profit for the first quarter .. | Read..

June sees healthy rise in phone use

The number of new telephone connections in June grew by 25.7 lakh to take the total subscriber .. | Read..

AROUND THE GLOBE

Disney waves the truce flag

Incoming Walt Disney Co chief executive Robert A. Iger and rebel shareholder Roy E. Disney declared.. | Read..

Deal puts VNU on top

Dutch publisher VNU NV will buy healthcare data provider IMS Health Inc for 5.8 billion euros ($6.9.. | Read..

US keen on better trade ties with China

Senior Chinese and US officials met for annual trade talks in Beijing on Monday, where Washington&#.. | Read..

LG.Philips profit dips

LG.Philips LCD, the world’s number-two flat screen maker, posted a 94 per cent slump in quarte.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Hanil Era listed on NSE

Share Prices

Name	BSE	NSE
HLL	158.05 (-0.06)	158.02 (-0.45)
ITC	1704.35 (+0.03)	1705.65 (+7.09)
Infosys	2315.45 (-17.75)	2315.08 (-19.15)
Reliance	632.95 (+12.35)	633.09 (+13.06)
Wipro	716.04 (-6.05)	716.75 (-6.15)
Zee	173.15 (+3.05)	173.01 (+3.05)

Foreign Exchange

US $1 : Rs 43.56	UK £1 : Rs 76.03
Euro : Rs 52.03	Yen 100 : Rs 38.89
HK $1 : Rs 5.55	SW Fr1 : Rs 33.01
SW Fr1 : Rs 33.01	Sing $1 : Rs 25.01
Aus $1 : Rs 31.85

Bullion

Bombay
Gold Std (10gm)	Rs. 6095
Gold 22 Carat	Rs. 6060
Silver bar (1kg)	Rs. 10715
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6170
Gold 22 Carat	Rs. 5825
Silver bar (1kg)	Rs. 10550
Silver Portion	Rs. 10650