The Telegraph - Calcutta : Business

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| Thursday, September 29, 2005 |

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Escorts sells heart hospital

Rajan Nanda today sold Escorts Heart Institute to Ranbaxy’s Fortis Healthcare in a Rs 585-crore deal that will help him shore up shaky group finances. ... | Read..

Sebi draws first blood in penny probe

Signalling the first crackdown on penny stocks, the Securities and Exchange Board of India today barred the promoters and di ... | Read..

Dr Reddy’s floats Perlecan

Dr Reddy’s Laboratories Ltd (DRL) has teamed up with Citigroup Venture and ICICI Venture Capital to form the country ... | Read..

Tata Tele taps TCS

Tata Teleservices will outsource its IT infrastructure management to Tata Consultancy Services (TCS) for Rs 1,000 crore ($25 ... | Read..

Birlas take control of Jute Investment

The Birla family has won the first round of the boardroom battle against R.S. Lodha by taking control of Jute Investment Com ... | Read..

Escorts sells heart hospital

Sensex

8606.03

+80.51

Stock Indices

BSE-100	4555.53	(+36.09)
S&P CNX Nifty	2598.05	(+23.02)

Air Sahara in search of cash-rich ally
Air Sahara is scouting for a private financial investor, who could bring in funds to help buy n.. | Read..

Patch-up prod to Haldia warlords
The company law board has advised The Chatterjee Group (TCG) and West Bengal Industrial Development.. | Read..

Hungry GAIL on the prowl

GAIL (India) is looking at acquiring a small to medium-sized oil and gas exploration company in.. | Read..

RBI caps AllBank’s insurance stake

The Reserve Bank of India has asked Allahabad Bank to keep its stake in the proposed insurance .. | Read..

Special status for tiny units

The government is recasting the small and medium-size enterprises (SME) development bill to cla.. | Read..

New offer from Hutch

Hutch today launched the lowest recharge coupons at Rs 10 to increase the talktime of the entry.. | Read..

Usha Martin, Austrian firm in pact

Usha Martin Ltd is setting up a joint venture company with Austrian speciality wire rope manufa.. | Read..

Chennai assets fetch Eveready Rs 72 cr

Eveready Industries India Limited, the BM Khaitan group company, has garnered Rs 72 crore from .. | Read..

Tax mopup rises 25% in Bengal

Income tax collection in Bengal circle has clocked a 25 per cent increase so far this fiscal co.. | Read..

Demand for used PCs grows

The market for used personal computers is gaining ground around the globe and will continue to .. | Read..

Ruias keen to buy out Max Tele, IL&FS

The Essar group is wooing the two remaining investors holding minor stakes in the Hutch-Essar j.. | Read..

Industrial parks to save farm land

The sector-specific parks initiated by the Bengal government will help it minimise conversion o.. | Read..

AROUND THE GLOBE

All’s Well that ends Well

Health insurer WellPoint Inc has agreed to buy WellChoice Inc for nearly $6.5 billion in cash and .. | Read..

US giant bids for Canadian wine rival

Constellation Brands Inc, the world’s largest wine company, has launched an unsolicited bid to.. | Read..

NRG Energy eyes Texas Genco

Power-plant operator NRG Energy Inc is in advanced discussions to purchase Texas Genco Holdings Inc.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Alchemist merges Valiant

Uniform tax on savings

Share Prices

Name	BSE	NSE
HLL	184.04 (+3.75)	184.55 (+3.07)
ITC	140.09 (-0.85)	140.07 (-1.01)
Infosys	2469.08 (-6.25)	2470.08 (-7.00)
Reliance	800.03 (+12.55)	800.45 (+12.45)
Wipro	372.25 (-3.95)	372.25 (-3.95)
Zee	182.07 (-4.02)	182.55 (-4.35)

Foreign Exchange

US $1 : Rs 44.04	UK £1 : Rs 77.81
Euro : Rs 52.96	Yen 100 : Rs 38.93
HK $1 : Rs 5.06	SW Fr1 : Rs 33.55
Sing $1 : Rs 25.65	Aus $1 : Rs 32.08

Bullion

Bombay
Gold Std (10gm)	Rs. 6690
Gold 22 Carat	Rs. 6650
Silver bar (1kg)	Rs. 10930
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6765
Gold 22 Carat	Rs. 6385
Silver bar (1kg)	Rs. 10800
Silver Portion	Rs. 10900
Calcutta
Gold Std (10gm)	Rs. 6765
Gold 22 Carat	Rs. 6385
Silver bar (1kg)	Rs. 10800
Silver Portion	Rs. 10900