The Telegraph - Calcutta : Business

| Saturday, August 06, 2005 |

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Reliance echoes Anil’s formula

All’s well that ends well. The bitter brawl between Brothers Ambani that spilled out of the boardroom last November ended today with the directors of Reliance Industries (RIL) approving the de-merger formula that Anil had unilaterally announced ... | Read..

Haldia shares stay with IOC

The company law board (CLB) today upheld the allotment of 7.5 per cent fresh equity to Indian Oil Corporation (IOC) in Haldi ... | Read..

Bhel selloff put on hold

The divestment of Bharat Heavy Electricals (Bhel) has been put on hold and a stake sale in Tide Water Oil will depend on the ... | Read..

Lodha faces poser on structure of firms

The Institute of Chartered Accountants (ICAI) will seek an explanation from R.S. Lodha on the structure of his audit firms f ... | Read..

ICI to buy out Lever in Quest

ICI India Limited will buy out the stake of Hindustan Lever Limited (HLL) in Quest India International Limited, a joint vent ... | Read..

Union IT minister Dayanidhi Maran and Bengal chief minister Buddhadeb Bhattacharjee
at the Xenitis factory in Hooghly on Friday. Picture by Kishor Roy Chowdhury

Sensex

7754.00

-43.08

Stock Indices

BSE-100	4163.03	(-12.53)
S&P CNX Nifty	2361.02	(-6.06)

Bonanza for ICICI Bank credit card users
The credit card battle rages on... | Read..

Phone buzz gets louder
More than 10 in every 100 people in India now have access to telephone. The country?s teledensi.. | Read..

Bengal, Tamil Nadu in cable contest

Bengal versus Tamil Nadu ? that is the contest for the country’s fourth submarine cable la.. | Read..

Xenitis group bets big on exports

The Xenitis group will use its component manufacturing unit as an exporting base to Africa, Austral.. | Read..

RBI holds out hope for co-op banks

The Reserve Bank (RBI) has ruled out the merger of co-operative banks with major public sector .. | Read..

Bangladesh, Sri Lanka on BoB radar

The Bank of Baroda (BoB) is looking at Bangladesh, Hong Kong, Singapore and Sri Lanka to expand.. | Read..

Metro Tyres looks east

Metro Tyres will focus on the eastern market to boost sales of its new automotive tube venture... | Read..

Sayeed seeks more funds for power

More than 44 per cent households in the country do not have access to electricity, Union power .. | Read..

IOC clamours for higher discounts

Indian Oil Corporation wants higher discounts from Reliance Industries on LPG and kerosene it b.. | Read..

Oil team to explore China tie-ups

A team of ONGC, Indian Oil and Gail officials led by Talmiz Ahmed, additional secretary (intern.. | Read..

Futures in jute bags soon

Futures trading in gunny bags is likely to begin on the National Multi-Commodity Exchange (NMCE.. | Read..

STOCK MARKET

Mutual Funds

Inflation drops to 4.07%

Share Prices

Name	BSE	NSE
HLL	165.15 (-2.35)	165.03 (-2.02)
ITC	1738.02 (+1.95)	1739.09 (+3.85)
Infosys	2290.08 (-21.35)	2291.05 (-22.00)
Reliance	725.75 (-3.25)	725.75 (-3.45)
Wipro	723.45 (-7.05)	721.75 (-9.85)
Zee	174.01 (-0.09)	174.01 (-0.03)

Foreign Exchange

US $1 : Rs 43.49	UK £1 : Rs 77.45
Euro : Rs 53.86	Yen 100 : Rs 38.99
HK $1 : Rs 5.55	SW Fr1 : Rs 34.05
Sing $1 : Rs 25.08	Aus $1 : Rs 33.01

Bullion

Bombay
Gold Std (10gm)	Rs. 6260
Gold 22 Carat	Rs. 6230
Silver bar (1kg)	Rs. 10815
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6335
Gold 22 Carat	Rs. 5980
Silver bar (1kg)	Rs. 10650
Silver Portion	Rs. 10750