The Telegraph - Calcutta : Business

| Thursday, November 10, 2005 |

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Drop signal on long-distance calls

The cost of international and domestic long-distance calls from private mobile and fixed-line phones to a subscriber of Bharat Sanchar Nigam (BSNL) is likely to plunge by 50 per cent, but operators are refusing to say just yet whether they will pass ... | Read..

SingTel for hike in Bharti pie

Singapore Telecommunications (SingTel), the largest foreign shareholder in Bharti Tele-Ventures, today said it could increa ... | Read..

FDI cap in loan recast firms at 49%

The government today allowed foreign direct investment (FDI) up to 49 per cent in asset reconstruction companies (ARCs) that ... | Read..

McLeod swap ratio set at 3:1

McLeod Russel India Limited has approved the scheme of amalgamation of Williamson Tea Assam (WTA) with itself. The share swa ... | Read..

JSW Steel seals Jharkhand deal

JSW Steel Ltd and the Jharkhand government today signed an MoU to set up a 10-million-tonne steel plant and a 800-MW captive ... | Read..

Drop signal on long-distance calls

Sensex

8308.78

-9.02

Stock Indices

BSE-100	4374.16	(-4.04)
S&P CNX Nifty	2489.01	(-3.55)

Pep-up pill for Wockhardt Hospitals
Wockhardt Hospitals plans to ramp up its presence in the country with a Rs 500-crore investment tha.. | Read..

Selloff on, in small lots
Finance minister P. Chidambaram today said the government is looking at divesting a small portion o.. | Read..

Oil ministry lobbies for duty rejig

The petroleum ministry has told the Rangarajan Committee on long-term petroleum pricing policy .. | Read..

GAIL inks pact with Belgian firm

GAIL (India) Ltd today signed a memorandum of agreement with Exmar Marine NV of Belgium for on-.. | Read..

Czechs feel Buddha’s Bengal has potential

The Buddhadeb Bhattacharjee government seems to have finally managed to impress upon the intern.. | Read..

US backs higher FDI in insurance

The US delegation led by treasury secretary John Snow today met finance minister P. Chidambaram.. | Read..

Demat trade gets a boost

The demat dollops have just been sweetened. The Securities and Exchange Board of India (Sebi) t.. | Read..

WNS Global snaps up US firm

WNS Global Services, a leading business process outsourcing (BPO) company, has acquired US-base.. | Read..

Watchdog fear sparks security ramp-up

What’s forcing corporate houses worldwide to put information security systems in place at .. | Read..

Paramount city service from Jan

Paramount Airways is set to take off from the city in January 2006, according to travel industr.. | Read..

AROUND THE GLOBE

Astra takes Teva to court

AstraZeneca Plc is suing Teva Pharmaceuticals over the Israeli firm’s plans to launch a copyca.. | Read..

Serono in talks with suitors

Serono has held talks with four leading drugmakers about a potential $15-billion takeover in recent.. | Read..

Accounting errors mar AIG results

American International Group Inc. said on Wednesday it would delay filing its third-quarter results.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

MphasiS plans buyback

Foreign funding review

Share Prices

Name	BSE	NSE
HLL	172.55 (+2.07)	172.45 (+2.08)
ITC	128.07 (+1.05)	128.75 (+2.01)
Infosys	2619.25 (-31.09)	2609.15 (-34.65)
Reliance	791.55 (+1.03)	791.15 (+0.07)
Wipro	385.04 (-6.04)	384.05 (-6.35)
Zee	148.45 (+4.45)	147.85 (+3.09)

Foreign Exchange

US $1 : Rs 45.81	UK £1 : Rs 79.06
Euro : Rs 53.79	Yen 100 : Rs 38.94
HK $1 : Rs 5.08	SW Fr1 : Rs 34.03
Sing $1 : Rs 26.45	Aus $1 : Rs 32.09

Bullion

Bombay
Gold Std (10gm)	Rs. 6960
Gold 22 Carat	Rs. 6925
Silver bar (1kg)	Rs. 11745
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 7045
Gold 22 Carat	Rs. 6650
Silver bar (1kg)	Rs. 11500
Silver Portion	Rs. 11600