The Telegraph - Calcutta : Business

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| Thursday, March 02, 2006 |

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Twin tremors in telecom network

The battle at Idea Cellular has intensified with the Tatas issuing a notice to the Birlas terminating their shareholders’ agreement and offering to buy out the Birlas’ 50.14 per cent stake in the country’s fifth largest mobile telepho ... | Read..

Kotak helps Max in Hutch comeback

Analjit Singh of Max India has staged another comeback in Hutchison Essar Ltd (HEL) ? his second ? by acquiring an 8.33 per ... | Read..

PC promises early insurance bill

A comprehensive bill to reform the insurance sector will be tabled in Parliament by the end of the budget session, Union fin ... | Read..

Post-budget sensex rally hits a peak

The bourses today recorded an all-time high post-budget rally, fuelled by the absence of any ‘devil in details’ in ... | Read..

Lever severs links with tea estates

Hindustan Lever Ltd today washed its hands of tea plantations business by selling its entire stake in Tea Estates India Ltd, ... | Read..

U.K. Sinha (left), chairman and MD of UTI AMC, and Anil Khandelwal, CMD of Bank of Baroda, in Mumbai on Wednesday. (Fotocorp)

Dull budget a testimony to reform pace
The days of big-bang budgets are over... | Read..

The wait is over, steel prices go up
A day after the Union budget was presented, domestic steel companies raised prices across the b.. | Read..

Power gets tax break

The power sector may have switched off its light after the budget speech yesterday, complaining.. | Read..

LPG sales tax rejig to help retailers

The rationalisation of sales tax on cooking gas in this year’s budget will not provide imm.. | Read..

Indica, Baleno become cheaper

Tata Motors today announced a price cut of up to Rs 23,500 on its hatchback Indica car followin.. | Read..

Morgan buys stake in real estate firm

The booming real estate business in the country got another boost today when Morgan Stanley inf.. | Read..

Selloff to be in small doses

The government plans to sell small stakes in up to eight non-navratna PSUs to raise about Rs 60.. | Read..

BoB charts plan to expand abroad

Bank of Baroda (BoB) plans to enhance its overseas presence and expects to start operations in .. | Read..

AROUND THE GLOBE

GM plan for profit run in Europe

General Motors Corp aims to stop losing money in Europe this year, snapping a string of losses sinc.. | Read..

Chevron eyes Russia projectbig plans

Chevron is hoping to win as much as a quarter of Russia’s huge Shtokman gas project when Gazpr.. | Read..

India cements Holcim figures

Holcim, the world’s second- biggest cement maker, had a 90 per cent rise in fourth- quarter pr.. | Read..

STOCK MARKET

Foreign Exchange

UK £1 : Rs 77.95	US $1 : Rs 44.37
Euro : Rs 53.02	HK $1 : Rs 5.65
SW Fr1 : Rs 33.03	Sing $1 : Rs 26.09
Aus $1 : Rs 32.03	Yen 100 : Rs 38.19

Bullion

Calcutta
Gold Std (10gm)	Rs. 8240
Gold 22 Carat	Rs. 7780
Silver bar (1kg)	Rs. 13775
Silver Portion	Rs. 13875
Bombay
Gold Std (10gm)	Rs. 8150
Gold 22 Carat	Rs. 8105
Silver bar (1kg)	Rs. 13770
Silver Portion	NA