The Telegraph - Calcutta : Business

| Saturday, November 19, 2005 |

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Rates linked to loan tag

Finance minister P. Chidambaram today said short-term interest rates on loans for “productive purposes” would remain stable. On the flip side, bankers say there are signs that personal loans could turn costlier. ... | Read..

Dena first to open no-frills account

State-owned Dena Bank today announced a scheme where customers can open a savings bank account with an initial balance of Rs ... | Read..

Cap on stake sale in airlines

State-run carriers Air-India and Indian Airlines can offload up to 20 per cent stake by way of initial public offers, which ... | Read..

Patni ready for flotation abroad

Patni Computer Systems Ltd has filed a registration statement with the US Securities and Exchange Commission (SEC) for ... | Read..

Ranbaxy to launch 15 drugs in US

Ranbaxy Laboratories Ltd has lined up a slew of launches for the US market over the next two years. It is planning to in ... | Read..

Finance minister P. Chidambaram in New Delhi on Friday. A Telegraph picture

Sensex

8686.65

+37.13

Stock Indices

BSE-100	4577.23	(+16.91)
S&P CNX Nifty	2620.05	(+16.01)

Potion for tea gardens to take time
The Rs 4,800-crore package to revive tea gardens is likely to be delayed as the Planning Commission.. | Read..

Montek sure of high growth
Planning Commission deputy chairman Montek Singh Ahluwalia today said it was feasible to attain an .. | Read..

Power-packed plan for states

The Centre has directed the Planning Commission to explore ways of giving incentives to state g.. | Read..

Private status for UTI Mutual

(PTI): UTI Asset Management Company, India’s largest mutual fund, today became a private c.. | Read..

Shalimar seeks foreign ally in industrial paints

Shalimar Paints Ltd is planning to tie up with global players in niche areas of industrial pain.. | Read..

Volcker-hit cos get a boost

Company affairs minister P.C. Gupta today said Indian firms named in the Volcker report do not .. | Read..

Piramyd issue priced at Rs 120

Piramyd Retail Ltd has fixed the issue price of its initial public offering at Rs 120 per share.. | Read..

Yellow metal hits new high at Rs 7265

Gold rallied further on the bullion market here today and ended at a new high of Rs 7,265 per 10 gr.. | Read..

AROUND THE GLOBE

Cisco close to mega deal

Cisco Systems Inc, the Internet equipment provider, plans Friday to announce the acquisition of.. | Read..

Disney fourth-quarter income drops 27%

The Walt Disney Co reported advertising gains for the quarter at its ABC and ESPN networks, but.. | Read..

Cutbacks weigh on Hewlett earnings

Hewlett-Packard reported Thursday that its quarterly net income declined sharply because of exp.. | Read..

GE divests insurance unit

General Electric Co on Friday forecast sharper earnings growth for 2006, boosted its dividend and s.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Calsoft mulls 1:1 rights

Inflation slides to 4.14%

Share Prices

Name	BSE	NSE
HLL	172.06 (+2.08)	172.65 (+3.00)
ITC	130.08 (+0.65)	130.08 (+0.06)
Infosys	2714.00 (+7.65)	2714.04 (+7.35)
Reliance	825.05 (-3.75)	826.15 (-3.15)
Wipro	423.04 (+10.09)	423.95 (+10.75)
Zee	155.06 (+2.75)	155.06 (+2.07)

Foreign Exchange

US $1 : Rs 45.78	UK £1 : Rs 78.45
Euro : Rs 53.49	Yen 100 : Rs 38.39
HK $1 : Rs 5.08	SW Fr1 : Rs 34.15
Sing $1 : Rs 26.45	Aus $1 : Rs 32.08

Bullion

Bombay
Gold Std (10gm)	Rs. 7305
Gold 22 Carat	Rs. 7265
Silver bar (1kg)	Rs. 12235
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 7395
Gold 22 Carat	Rs. 6980
Silver bar (1kg)	Rs. 12050
Silver Portion	Rs. 12150