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Since 1st March, 1999
 
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CIMA Gallary
 
Defence drill to thwart Mittal
Arcelor ramped up its defence against a $22-billion takeover bid by global leader Mittal Steel on Thursday, nearly doubling its dividend after a rise in 2005 profit and promising investors more to come. ...  | Read.. 
 
EU bid to pacify Nath
European Union (EU) trade commissioner Peter Mandelson has assured commerce minister Kamal Nath that he would look into ...  | Read.. 
 
India Inc appalled
India Inc is appalled by the resistance put up by France and other European nations to a bid by Mittal Steel for Luxembourg- ...  | Read.. 
 
Unit-linked pension scheme from LIC
The Life Insurance Corporation of India (LIC) will launch its first unit-linked group gratuity scheme next month to tap ...  | Read.. 
 
Tata Motors taps yen fund
Tata Motors will raise 11.76 billion yen by way of foreign currency convertible notes. ...  | Read.. 
 
Arcelor CEO Guy Dolle flanked by financial director Gonzalo Urquijo (left) and Michel Wurth, senior executive vice-president (finance), in Luxembourg on Thursday. (AFP)
 
 
Ireland seeks stronger ties
Ireland is keen to enhance bilateral trade ties with India in sun-rise sectors like information..  | Read.. 
Phone firms await sweet tidings
A bonanza is in store for private telecom companies as the government is likely to reduce the a..  | Read.. 
 
Ranbaxy to raise $400 m
Ranbaxy Laboratories has floated $400-million zero-coupon foreign currency convertible bonds. T..  | Read.. 
 
SPV to fund freight corridor
The government today okayed a proposal to set up a special purpose vehicle (SPV) to fund dedica..  | Read.. 
 
NIIT to hire more in Calcutta
NIIT Technologies is planning to raise its headcount in Calcutta...  | Read.. 
 
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IISCO merges in SAIL
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Foreign Exchange
US $1 : Rs 44.35UK £1 : Rs 76.95
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Sing $1 : Rs 26.76Aus $1 : Rs 32.01
Bullion
Bombay
Gold Std (10gm)Rs. 7860
Gold 22 CaratRs. 7815
Silver bar (1kg)Rs. 13310
Silver PortionNA
Calcutta
Gold Std (10gm)Rs. 7935
Gold 22 CaratRs. 7490
Silver bar (1kg)Rs. 13325
Silver PortionRs. 13425