The Telegraph - Calcutta : Business

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| Thursday, August 18, 2005 |

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Market route for divestment

Finance minister P. Chidambaram today said the government would continue divestment through market offers even as he lashed out at the previous BJP-led regime’s penchant for strategic sales, saying the policy itself was “disputed.” ... | Read..

Growth seen at 7.5%

The government hopes to top last year's GDP growth rate of 7 per cent and take it to 7.5 per cent. ... | Read..

Stocks defy oil nerves, hit a record

The two-day market moderation gave way to a Wednesday whoop as the sensex barrelled to another historic high of 7859.53 on b ... | Read..

Bourses get Reliance demerger blueprint

Reliance Industries Ltd today filed the demerger plan with stock exchanges. The proposal will enable four companies to come ... | Read..

Fresh revival plan for tea

The Centre is working on a new revival package for the tea industry, commerce minister Kamal Nath said today. ... | Read..

Beyond the boundary: As the nation celebrated its Independence Day on Monday, Tata group chairman Ratan Tata rang the opening bell at the New York St ... | Read

Sensex

7859.53

+91.29

Stock Indices

BSE-100	4211.88	(+43.73)
S&P CNX Nifty	2403.15	(+33.35)

VisualSoft owners sell 14%
VisualSoft Technologies has offloaded a 14 per cent stake in favour of Japan?s Softbank... | Read..

Hyundai to jack up prices of Accent, Getz
Hyundai Motor India Limited (HMIL) may raise prices of the Accent, its mid-sized car, and premium h.. | Read..

Vivimed stuns all on debut

Investor interest in new issue listings is showing no signs of fading away. The Hyderabad-based.. | Read..

Sahara arm sets sights on SES Tech

Sahara group’s electronics and information technology arm today said it would acquire the .. | Read..

New JK Paper plant to cost Rs 235 crore

JK Paper Limited has lined up a slew of expansion plans... | Read..

Coal India slips on target

Coal India Limited (CIL) has failed to achieve the production target during the first quarter o.. | Read..

Shree Cement to expand

Bangur group-owned Shree Cement Ltd is planning to expand its production capacity to 10 million.. | Read..

India blips on CeBIT organiser’s radar

Deutsche Messe AG, the organiser of annual ICT fair CeBIT in Hanover, is considering arranging .. | Read..

US firm picks Reliance Infocomm

Cyber Learning India, a subsidiary of the US-based Cyber Learning Universe, will use the infras.. | Read..

Bilcare buys US firm

The Pune-based Bilcare Ltd has bought Proclinical Inc, a US-based pharmaceutical service and packag.. | Read..

AROUND THE GLOBE

Demand spike in sight, Opec to open more taps

The Organisation of the Petroleum Exporting Countries (Opec) has nudged up its forecast for world o.. | Read..

Nortel, LG in telecom venture

Canada’s Nortel Networks Corp and LG Electronics have signed a deal to create a $295-million t.. | Read..

STOCK MARKET

Share Prices

Name	BSE	NSE
HLL	172.75 (+1.02)	172.85 (+1.03)
ITC	1709.55 (+9.55)	1709.09 (+9.45)
Infosys	2316.02 (+64.75)	2317.09 (+67.95)
Reliance	714.55 (+14.07)	714.95 (+15.15)
Wipro	724.65 (+4.01)	724.25 (+3.75)
Zee	169.85 (+9.85)	170.05 (+4.01)

Foreign Exchange

US $1 : Rs 43.54	UK £1 : Rs 78.78
Euro : Rs 53.56	Yen 100 : Rs 39.66
HK $1 : Rs 5.55	SW Fr1 : Rs 34.05
Sing $1 : Rs 25.65	Aus $1 : Rs 32.09

Bullion

Bombay
Gold Std (10gm)	Rs. 6360
Gold 22 Carat	Rs. 6325
Silver bar (1kg)	Rs. 10675
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6430
Gold 22 Carat	Rs. 6070
Silver bar (1kg)	Rs. 10450
Silver Portion	Rs. 10550