The Telegraph - Calcutta : Business

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| Tuesday, March 07, 2006 |

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Anil drops telecom stake sale hint

Anil Ambani has raised the prospect of a possible stake selloff in Reliance Communications Ventures Ltd (RCoVL) on the very day it listed on the bourses by saying that he would seek shareholders’ vote through a postal ballot on a resolution to ... | Read..

Quick end to disputes seen

Anil Ambani is hoping that all the prickly issues in the contentious non-compete and the trademarks agreements with Reliance ... | Read..

Mukesh makes a market move

Mukesh Ambani today took the first major step in the run-up towards a blockbuster initial public offering (IPO), when Relian ... | Read..

Distressed oil firms get a helpline

Petroleum minister Murli Deora today managed to get some post-budget concessions for oil companies from finance minister ... | Read..

Fortis to partner IDBI in insurance

Industrial Development Bank of India Ltd (IDBI) has shortlisted Fortis Insurance International of the Netherlands as the for ... | Read..

(From left) Assocham president Anil K. Aggarwal, Union commerce minister Kamal Nath, Australian Premier John Howard and Ficci president Saroj K. Poddar at a conference organised jointly by CII, Ficci and Assocham in New Delhi on Monday. (PTI)

Zen brand to roll on but not the car
Maruti Udyog Limited is likely to phase out the production of its popular model Zen... | Read..

Fiat to steer Tata car sales in Europe
If all goes well, Fiat of Italy will market Tata Motors? Indica cars through its outlets in Eur.. | Read..

Birlas launch new offensive in Idea war

The Aditya Vikram Birla Group stepped up its attack on the Tatas by shooting off another lette.. | Read..

Shift in production strategy to help CLW

In a much-needed relief to Chittaranjan Locomotive Works (CLW), the Railway Board has cleared .. | Read..

Taiwan keen to invest in India

The government of Taiwan will invite more than 100 local manufacturers to join a trade delegation t.. | Read..

Bhutan pledges more power by Oct

Bhutan is looking at exporting 2000 mw of power to India by October 2006 after the 1020-mw Tala.. | Read..

Australia research booster

Australian Premier John Howard today announced an Aus $25-million research assistance to India to f.. | Read..

Satyam bags CSR award

Satyam Computer Services Ltd has bagged the corporate social responsibility (CSR) award from Bu.. | Read..

AROUND THE GLOBE

AT&T to pay $67 bn for BellSouth

AT&T Inc said on Sunday it would buy BellSouth Corp for $67 billion to acquire the rest of Cing.. | Read..

Suzuki stake sale nets GM $2 bn

Embattled US auto giant General Motors Corp said on Monday it would sell 17.4 per cent of its stake.. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 44.32	UK £1 : Rs 77.78
Euro : Rs 53.34	Yen 100 : Rs 37.82
HK $1 : Rs 5.65	SW Fr1 : Rs 33.08
Sing $1 : Rs 26.09	Aus $1 : Rs 32.45

Bullion

Bombay
Gold Std (10gm)	Rs. 8230
Gold 22 Carat	Rs. 8190
Silver bar (1kg)	Rs. 14380
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 8325
Gold 22 Carat	Rs. 7860
Silver bar (1kg)	Rs. 14250
Silver Portion	Rs. 14350