The Telegraph - Calcutta : Business

| Wednesday, September 07, 2005 |

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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-100	4254.62	(+13.14)
S&P CNX Nifty	2428.65	(+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

Share Prices

Name	BSE	NSE
HLL	165.55 (-0.75)	165.07 (-0.08)
ITC	1830.25 (+37.01)	1827.15 (-34.07)
Infosys	2363.95 (+8.25)	2364.00 (+9.25)
Reliance	729.05 (-1.55)	728.09 (-1.45)
Wipro	377.03 (+0.85)	378.00 (+0.55)
Zee	185.35 (+0.05)	185.35 (-0.15)

Foreign Exchange

US $1 : Rs 43.91	UK £1 : Rs 80.91
Euro : Rs 54.77	Yen 100 : Rs 40.00
HK $1 : Rs 5.06	SW Fr1 : Rs 35.00
Sing $1 : Rs 25.06	Aus $1 : Rs 33.25

Bullion

Bombay
Gold Std (10gm)	Rs. 6410
Gold 22 Carat	Rs. 6375
Silver bar (1kg)	Rs. 10735
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6485
Gold 22 Carat	Rs. 6125
Silver bar (1kg)	Rs. 10550
Silver Portion	Rs. 10650