The Telegraph - Calcutta : Business

| Tuesday, August 09, 2005 |

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Stocks enter cooling tower

Markets snapped a long winning streak today as concerns over oil prices and global stock wobbles overshadowed the surging foreign capital flows that have propelled shares to new orbits over the past week. ... | Read..

Oil price nears $64

Oil soared towards $64 a barrel to a new record high on Monday on fears of militant attacks in the world's biggest oil ... | Read..

US telecom major to buy MBT stake

SBC Communications, the promoter of Cingular Wireless, will pick up a stake in telecom software maker Mahindra-British Telec ... | Read..

RIL roars off the block with gas find

Reliance Industries Ltd (RIL) has struck 3.75 trillion cubic feet of in-place gas reserves in two coal bed methane (CBM) blo ... | Read..

Moody’s wants more clarity on de-merger

Moody's Investor Service will continue to review Reliance Industries Ltd (RIL) for a possible upgrade of its Ba2 rating ... | Read..

Money Talks: India and Indonesia will set up a joint study group to explore the possibility of reaching a comprehensive economic partnership agreement ... | Read

Sensex

7606.17

-147.83

Stock Indices

BSE-100	4085.33	(-77.07)
S&P CNX Nifty	2324.04	(-36.08)

Corp Bank mulls flotation to dilute govt stake
Corporation Bank may float a public issue in the next financial year to bring down the governme.. | Read..

Mobiles for Rs 1,000, wait till March
The countdown to the March mobile makeover has begun. And, it?s a call few can afford to miss. At l.. | Read..

Bharti inks outsourcing agreement

Bharti Tele-Ventures today signed a deal to outsource its customer services to IBM Daksh, MphasiS, .. | Read..

Oil firms turn to PM

The petroleum ministry has turned to Prime Minister Manmohan Singh to bail out the beleaguered oil .. | Read..

IBP merger ratio left unchanged

The ministry of petroleum and natural gas will go ahead with the original IBP-IOC merger swap r.. | Read..

New tea party at auction centres

The Indian Tea Association (ITA) wants to regulate the supply of tea to the auction centres so .. | Read..

Local drug duo loses out in buyout race

Ranbaxy Laboratories and Wockhardt have lost out to Swedish firm Meda in the race to acquire German.. | Read..

Lupin inks Japanese deal

Lupin Ltd is entering the Japanese market. It has signed an agreement with Kyowa Pharmaceutical.. | Read..

US firms coming in droves

Speaking about the country’s growing importance, Kaye said, “The India question is being a.. | Read..

AROUND THE GLOBE

Cisco keen to take Nokia call

Cisco Systems Inc is considering buying the world’s top mobile handset maker Nokia in a bid t.. | Read..

StanChart net up 20%

Asia-focused bank Standard Chartered beat expectations with a 20 per cent rise in first-half profi.. | Read..

It’s picture perfect for Nikon on profits

Japan’s Nikon Corp said on Monday its quarterly operating profit more than quadrupled, helped.. | Read..

STOCK MARKET

Share Prices

Name	BSE	NSE
HLL	161.55 (-3.06)	161.09 (-3.04)
ITC	1724.35 (-13.85)	1723.05 (-16.04)
Infosys	2270.55 (-20.25)	2270.65 (-20.85)
Reliance	711.05 (-14.25)	711.03 (-14.45)
Wipro	704.03 (-19.15)	704.05 (-17.25)
Zee	175.25 (+1.02)	175.05 (+1.04)

Foreign Exchange

US $1 : Rs 43.55	UK £1 : Rs 77.08
Euro : Rs 53.94	Yen 100 : Rs 39.02
HK $1 : Rs 5.55	SW Fr1 : Rs 33.09
Sing $1 : Rs 25.75	Aus $1 : Rs 32.75

Bullion

Bombay
Gold Std (10gm)	Rs. 6255
Gold 22 Carat	Rs. 6225
Silver bar (1kg)	Rs. 10785
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6325
Gold 22 Carat	Rs. 5970
Silver bar (1kg)	Rs. 10625
Silver Portion	Rs. 10725