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Since 1st March, 1999
 
THE TELEGRAPH
 
 
Bailout bill for ONGC, Oil India
ONGC and OIL will take a hit of $20 per barrel after contributing Rs 14,000 crore to a bail-out package for oil firms. ...  | Read.. 
 
Relief rally in oil stocks
The oil spill started receding from Dalal Street today. Shares of petroleum firms recovered after the Centre raised prices o ...  | Read.. 
 
India Inc wary of price spikes
India Inc is worried that higher oil prices would raise inflation and this would erode the competitiveness of local compani ...  | Read.. 
 
Andhra prefers VW project to cheque
The Andhra Pradesh government today refused Volkswagen’s offer to return Rs 11 crore, which was allegedly swindled by i ...  | Read.. 
 
Aiyar quells Raha exit buzz
Petroleum minister Mani Shankar Aiyar today said ONGC chairman Subir Raha would not be forced to resign even as he censured ...  | Read.. 
 
Freeze frame: A NEC employee shows the company?s latest laptop computer, LaVie A LA790/DD, in Tokyo on Tuesday. LaVie A LA790/DD is equipped with a 1 ...  | Read
Sensex
7946.78
+21.54
 
Stock Indices
BSE-1004254.62(+13.14)
S&P CNX Nifty2428.65(+5.07)
 
 
Gail in parleys for Bangladesh venture
Gail India Ltd has drawn up an elaborate plan to foray into Bangladesh...  | Read.. 
Retail investors moan over lost ?rights?
Companies are scrambling to raise money ? but they are choosing to do so through preferential offer..  | Read.. 
 
Global Steel ushers Ispat into fold
In a major consolidation move, Global Steel Holding Ltd (GSHL) ? the UK-based company owned by Pram..  | Read.. 
 
Raman Roy buys 40% of Annik
Raman Roy, the pioneer of business process outsourcing in India, has acquired a 40 per cent sta..  | Read.. 
 
Fresh initiative to end spectrum spat
The communications ministry has set up a joint working group of mobile operators to resolve the..  | Read.. 
 
Govt mulls single drug authority
The government will consider a recommendation to merge various drug authorities into a single N..  | Read.. 
 
Panel wins better deal from Airbus
The empowered group of ministers set up to renegotiate aircraft prices with Airbus Industrie to..  | Read.. 
 
LG gears up for festive bonanza
LG Electronics India Limited (LGEIL) is gearing up to cash in on the festive season to reach it..  | Read.. 
 
Intrex to cash in on Itz card
Intrex India has set its sights on a turnover of Rs 500 crore during the current fiscal, of whi..  | Read.. 
 
Hansa Flex in JV with local firm
Hansa Flex International GmbH has entered into a joint venture with the city-based JDS Technolo..  | Read.. 
 
AROUND THE GLOBE
Chiron spurns Novartis offer
Independent directors of US drugmaker Chiron Corp have rejected as “inadequate” a $4.5-bi..  | Read.. 
 
Spanish firms locked in power duel
Spain’s largest power utility Endesa is likely to reject an unsolicited 22.55 billion euro ($2..  | Read.. 
 
Campaign for soft rate regime
The OECD advised the US Federal Reserve on Tuesday to ease the pace at which it raises interest rat..  | Read.. 
 
Citibank finds the going tough in Korea
Ten months after Citibank acquired KorAm Bank in the first takeover of a South Korean lender by a f..  | Read.. 
 
STOCK MARKET
Mutual Funds
CORPORATE BRIEFS
CLSA stake in Apar
Birla firms
Ozone move
Indian Oil
Reliance Info
Bajaj bikes
 
Tata Tele move
Trading off
Fringe relief
Videocon
Shopping mall
 
Share Prices
NameBSENSE
HLL165.55
(-0.75)
165.07
(-0.08)
ITC1830.25
(+37.01)
1827.15
(-34.07)
Infosys2363.95
(+8.25)
2364.00
(+9.25)
Reliance729.05
(-1.55)
728.09
(-1.45)
Wipro377.03
(+0.85)
378.00
(+0.55)
Zee185.35
(+0.05)
185.35
(-0.15)
Foreign Exchange
US $1 : Rs 43.91UK £1 : Rs 80.91
Euro : Rs 54.77Yen 100 : Rs 40.00
HK $1 : Rs 5.06SW Fr1 : Rs 35.00
Sing $1 : Rs 25.06Aus $1 : Rs 33.25
Bullion
Bombay
Gold Std (10gm)Rs. 6410
Gold 22 CaratRs. 6375
Silver bar (1kg)Rs. 10735
Silver PortionNA
Calcutta
Gold Std (10gm)Rs. 6485
Gold 22 CaratRs. 6125
Silver bar (1kg)Rs. 10550
Silver PortionRs. 10650