The Telegraph - Calcutta : Business

| Tuesday, November 01, 2005 |

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Cracker of a rally for markets

Equity markets today hit back at proponents of a dark Diwali theory when an across-the-board buying binge sent the sensex soaring 207 points. The fireworks, sparked by firm overseas markets, led to the biggest one-day gain in over a month. ... | Read..

Khaitans set McLeod merger ball rolling

The BM Khaitan group has appointed ICICI Securities and PricewaterhouseCoopers (PwC) to work out the formalities of merging ... | Read..

Aiyar frets over RIL refinery shutdown

Petroleum minister Mani Shankar Aiyar today obliquely hinted that the shutting down of the Reliance refinery in Jamnagar for ... | Read..

Lever on growth trail

Hindustan Lever Ltd (HLL) has recorded a 14 per cent growth in sales in the three-month period ended September 30, betterin ... | Read..

Japan, India to rework tax treaty

Japan and India have reached a broad agreement on revising a tax treaty as part of efforts to encourage more investment betw ... | Read..

Cracker of a rally for markets

Sensex

7892.32

+206.68

Stock Indices

BSE-100	4159.59	(+102.13)
S&P CNX Nifty	2370.95	(+54.09)

Unplugged, the pesky power peddler
The power of freedom appears to be on the way for bulk energy consumers who can now pick the compan.. | Read..

FM leads from front in date with taxman
Finance minister P. Chidambaram today filed his income-tax returns at the I-T office here instead o.. | Read..

Assam Company bubbles with oil find

Assam Company has struck oil at Amguri, 35 km east of Jorhat. The company is exploring the area.. | Read..

Court breather for Jessop rights issue

The Jessop rights issue got a breather from Calcutta High Court today when Justice Saumitra Sen.. | Read..

NIIT explores more scope in China

NIIT has trained its sights on two important government projects in China. .. | Read..

More steel projects in Orissa

The steel rush to Orissa is continuing unabated. .. | Read..

United Phosphorus buys Argentine firm for $11 m

United Phosphorus Ltd (UPL) will acquire Reposo S.I.I.C (Reposo) of Buenos Aires, Argentina in.. | Read..

Fiscal gap shrinks

In a rare feat, the Centre has managed to bring down fiscal deficit marginally to Rs 83,843 crore d.. | Read..

Foreign projects key to Simplex growth

Simplex Concrete Piles (India) Ltd is betting big on international projects as it aims to garne.. | Read..

Apollo Tyres net up 25%

A lower excise duty and a higher operating profit helped Apollo Tyres Ltd clock a 25.48 per cen.. | Read..

Uco Bank profit dips

The net profit of Uco Bank has dipped by 49 per cent for the half-year ended September 30 to Rs.. | Read..

AROUND THE GLOBE

Novartis gulps down Chiron

Novartis, the world’s fourth-biggest drug maker by market value, has agreed to buy the remaind.. | Read..

STOCK MARKET

Share Prices

Name	BSE	NSE
HLL	161.04 (+4.00)	161.45 (+3.08)
ITC	120.03 (+5.05)	120.02 (+4.75)
Infosys	2523.09 (+107.02)	2521.95 (+106.55)
Reliance	762.55 (+21.03)	762.05 (+20.09)
Wipro	364.07 (+8.15)	364.06 (+7.07)
Zee	140.04 (+0.75)	140.06 (+0.07)

Foreign Exchange

US $1 : Rs 45.15	UK £1 : Rs 80.27
Euro : Rs 54.41	Yen 100 : Rs 38.94

Bullion

Bombay
Gold Std (10gm)	Rs. 7000
Gold 22 Carat	Rs. 6965
Silver bar (1kg)	Rs. 11915
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 7080
Gold 22 Carat	Rs. 6685
Silver bar (1kg)	Rs. 11600
Silver Portion	Rs. 11700