The Telegraph - Calcutta : Business

| Thursday, March 23, 2006 |

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Mittal bid suffers setback

A committee in Luxembourg's Parliament approved on Wednesday an amendment to the country's takeover laws that could hurt Mittal Steel's ?12.67-billion bid to buy steelmaker Arcelor. ... | Read..

Takeoff signal for Tata Bangla project

The Tata group’s $2.5-billion investment proposals for Bangladesh is likely to kickstart this calendar year. ... | Read..

Destination Japan for Darjeeling tea

Plans are afoot to increase tea exports to Japan by selling more of the Darjeeling variety to the country. The industry want ... | Read..

ICICI pulls out of Kerala bank

ICICI Bank has offloaded its entire stake in Kerala-based South Indian Bank to comply with Reserve Bank of India (RBI) regul ... | Read..

RCoVL overseas deal at a premium

Reliance Communications Ventures Ltd (RCoVL) has completed its international offering of foreign currency convertible bonds ... | Read..

Close Ties: Begum Khaleda Zia, Prime Minister of Bangladesh, voiced concern over the rising trade gap with India at an interaction with industry capta ... | Read

General Motors drops Matiz comeback hint
General Motors (GM) is open to the idea of bringing Daewoo small car Matiz back to the Indian m.. | Read..

New blip on Anil screen
The race to introduce Internet Protocol Television (IPTV) has moved to a faster track. Telecommunic.. | Read..

Bangla terms for rail route

Bangladesh finance minister Saifur Rehman appears to have set the cat among pigeons by linking .. | Read..

Sanofi cash dose for Dr Reddy’s

In what could turn out to be a booster dose for Dr Reddy’s Laboratories Ltd (DRL), Sanofi-.. | Read..

Voltas plant in Uttaranchal

Voltas Ltd is setting up a new plant in Panthanagar, Uttaranchal at an investment of Rs 120 cro.. | Read..

EKL to merge in Videocon

The board of directors of Videocon Industries has decided to merge EKL Appliances Limited, form.. | Read..

Focus on farm credit offtake

Union finance minister P. Chidambaram will meet the chairmen of public sector banks tomorrow to.. | Read..

Thistle comes to India

BIL International, the holding company of UK’s leading hospitality chain Thistle Hotels, i.. | Read..

Panel to review CST phase-out roadmap

A committee on value-added tax today decided to set up a working group on the phasing out of centra.. | Read..

Retirement deal signed

GM said today it had reached a deal with its main union in the US to offer an early retirement pack.. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 44.51	UK £1 : Rs 77.74
Euro : Rs 53.74	Yen 100 : Rs 38.01
HK $1 : Rs 5.65	SW Fr1 : Rs 33.65
Sing $1 : Rs 27.01	Aus $1 : Rs 31.25

Bullion

Bombay
Gold Std (10gm)	Rs. 8020
Gold 22 Carat	Rs. 7980
Silver bar (1kg)	Rs. 14710
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 8115
Gold 22 Carat	Rs. 7660
Silver bar (1kg)	Rs. 14725
Silver Portion	Rs. 14825