The Telegraph - Calcutta : Business

| Saturday, October 08, 2005 |

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Whiff of hope for debt-laden firms

The Reserve Bank of India plans to rejig the corporate debt restructuring (CDR) mechanism to make it easier for debt-laden companies to shed the burden they have been carrying for years. ... | Read..

Powercell to power Eveready batteries

Eveready Industries India Limited today completed the financial closure of BPL Soft Energy Systems Limited (BSESL) ? the bat ... | Read..

State Bank opens account in Kenya

The State Bank of India will acquire Giro Commercial Bank in Kenya for Rs 30 crore ($7 million). ... | Read..

Oil ministry suffers burns

The Prime Minister’s office has pulled up the petroleum ministry for meddling in ONGC’s Rs 25,000-crore investment ... | Read..

Court lifeline for Escorts hospital

Delhi High Court today restrained the Delhi Development Authority (DDA) from taking physical possession of Escorts hospital ... | Read..

Reddy: Sharing the burden

Sensex

8491.56

-37.14

Stock Indices

BSE-100	4512.03	(-23.34)
S&P CNX Nifty	2574.05	(-5.01)

Barista aroma wafts across border
Barista Coffee is going places. The company plans to set up shop in Scotland, Singapore and Banglad.. | Read..

Air Deccan vows better service
Air Deccan plans to sort out the problem of repeated delays and flight cancellations in six mon.. | Read..

Ruchi recast recipe

Ruchi Soya Industries Ltd (RSIL), the flagship company promoted by the Shahra family, will restruct.. | Read..

Foreign bonds to fund Leela expansion

Leela Palaces and Resorts plans to raise between Rs 250 and Rs 300 crore to fund its expansion .. | Read..

LIC Housing Finance eager to lend more

LIC Housing Finance Ltd has set a disbursement target of Rs 5,700 crore for the current fiscal .. | Read..

Chhattisgarh spanner in Tata project

Diamond has cast a shadow on the steel prospects of the Tatas in Chhattisgarh. .. | Read..

Import of sugar, wheat ruled out

Union minister for agriculture Sharad Pawar today ruled out the possibility of importing sugar,.. | Read..

Oriflame to strengthen distribution network

Oriflame India, the wholly-owned subsidiary of Swedish direct selling cosmetic company Oriflame.. | Read..

AROUND THE GLOBE

Reckitt gulps Boots drugs unit

Britain’s Reckitt Benckiser Plc agreed on Friday to buy Boots Group’s non-prescription dr.. | Read..

STOCK MARKET

Mutual Funds

Inflation close to 4%

Share Prices

Name	BSE	NSE
HLL	180.25 (+4.95)	180.01 (+5.05)
ITC	126.35 (-1.04)	126.04 (-1.03)
Infosys	2569.04 (-46.55)	2572.45 (-36.65)
Reliance	788.95 (-1.09)	788.04 (-2.45)
Wipro	388.00 (-1.06)	388.25 (-2.01)
Zee	182.04 (+1.75)	182.04 (+1.09)

Foreign Exchange

US $1 : Rs 44.39	UK £1 : Rs 78.05
Euro : Rs 53.99	Yen 100 : Rs 38.16
HK $1 : Rs 5.65	SW Fr1 : Rs 34.25
Sing $1 : Rs 25.09	Aus $1 : Rs 33.05

Bullion

Bombay
Gold Std (10gm)	Rs. 6875
Gold 22 Carat	Rs. 6835
Silver bar (1kg)	Rs. 11395
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6955
Gold 22 Carat	Rs. 6565
Silver bar (1kg)	Rs. 11100
Silver Portion	Rs. 11200