The Telegraph - Calcutta : Business

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| Thursday, November 24, 2005 |

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Insurance regulator backs higher FDI

The Insurance Regulatory and Development Authority (IRDA) wants the FDI ceiling in the insurance sector to be raised from 26 to 49 per cent. ... | Read..

LIC plans combo policy

As part of its golden jubilee bash, the Life Insurance Corporation is coming out with a unique policy that will have four ... | Read..

China makes oil turf slippery for Aiyar

Petroleum minister Mani Shankar Aiyar’s oil diplomacy will be put to test tomorrow as the Asian buyer-seller meet gets ... | Read..

Sensex returns to form with a ton

Stock markets staged a sharp turnaround today, boosted by the conviction that developments in Bihar will not cause political ... | Read..

CESC priority to Jharkhand, Haldia

CESC has drawn up a plan to speed up its proposed thermal power stations in Jharkhand and Haldia. ... | Read..

Welcome aboard: Indonesia will support India at the forthcoming WTO ministerial meeting in Hong Kong and forge a strategic partnership to triple bilat ... | Read

Sensex

8638.34

+103.37

Stock Indices

BSE-100	4551.66	(+45.81)
S&P CNX Nifty	2608.06	(+35.75)

Hefty pay hikes round the corner
Employees in India ? workers and executives ? can rejoice once again. They can expect big salary in.. | Read..

BlueScope venture widens Tata scope
Tata Steel is optimistic about the future of its 50:50 joint venture with BlueScope Steel of Austra.. | Read..

Yet another rating pat for Reliance

Reliance Industries Ltd has got thumbs up from the two leading global credit rating agencies ? .. | Read..

Forex swings prompt Patni margin review

Patni Computer Systems, which is in the process of getting listed on a US stock exchange, has l.. | Read..

Fresh jolt to Ranbaxy

The US Court of Appeals for the Federal Reserve Circuit (CAFC) has upheld the ruling of a preli.. | Read..

Bank of India to cut bad assets

State-run Bank of India is gearing up to reduce its gross non-performing assets (NPAs) to 3 per.. | Read..

Tax cell to simplify norms

The commercial taxes department of the Bengal government has formed a 12-member VAT Amendment C.. | Read..

LKB puts merger plan on backburner

Once bitten, twice shy. Private sector Lord Krishna Bank is not harbouring any merger plans at pres.. | Read..

RBI issues norms for NPA settlement

The Reserve Bank of India today issued fresh guidelines for one-time settlement of chronic non-perf.. | Read..

AROUND THE GLOBE

Arcelor sets sights on Canadian firm

Arcelor, the world’s second largest steelmaker, is poised to make an all-cash takeover bid for.. | Read..

Air France profit soars 56%

Air France KLM has posted a stronger-than-expected 56 per cent jump in second-quarter operating pro.. | Read..

Watch on Ford

Moody’s Investors Service said on Tuesday it may cut its ratings on Ford Motor Co deeper into .. | Read..

STOCK MARKET

Maruti selloff advisers

Share Prices

Name	BSE	NSE
HLL	172.00 (+2.07)	272.03 (+2.85)
ITC	129.15 (+4.00)	129.04 (+4.03)
Infosys	2682.95 (+4.05)	2683.15 (+6.06)
Reliance	832.05 (+12.85)	832.00 (+12.07)
Wipro	431.35 (+14.35)	431.04 (+13.95)
Zee	152.95 (-1.25)	152.35 (-1.08)

Foreign Exchange

US $1 : Rs 45.76	UK £1 : Rs 78.82
Euro : Rs 53.98	Yen 100 : Rs 38.58
HK $1 : Rs 5.08	SW Fr1 : Rs 34.35
Sing $1 : Rs 26.06	Aus $1 : Rs 33.01

Bullion

Bombay
Gold Std (10gm)	Rs. 7350
Gold 22 Carat	Rs. 7310
Silver bar (1kg)	Rs. 12150
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 7430
Gold 22 Carat	Rs. 7015
Silver bar (1kg)	Rs. 12000
Silver Portion	Rs. 12100