The Telegraph - Calcutta : Business

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| Wednesday, March 29, 2006 |

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Token rate hike to oblige bankers

FCNR(B) accounts to fetch more

Stuck in the middle of a major resource shortfall, bankers today met the Reserve Bank of India (RBI) brass with one plea ? take urgent measures to improve liquidity in the system. The suggestions included reducing the cash reserve ratio (CRR), relea ... | Read..

Bid to spice up bank deposits

Bankers are worried: with mutual funds scooping up sackfuls of cash from the market in recent months, money isn’t flowi ... | Read..

Cash cushion for Indian Oil refinery trio

Indian Oil Corporation will invest Rs 3,500 crore in three of its refineries, including the one in Haldia. ... | Read..

Move to clear air on Mittal buyout bid

Luxembourg’s foreign trade minister Jeannot Krecke today said the country’s new takeover law, likely to be introdu ... | Read..

Hind Lever packs price-push punch

Hindustan Lever Ltd (HLL), which has a new expatriate chief executive finally in place, is beginning to flex its muscles. ... | Read..

Apple of the eye: Yeo Eng Yiong, marketing manager (Asia Pacific) of Apple Computers, unveils the new MacBook Pro and iMac Desktop with Intel Core Duo ... | Read

Bengal savers blanch at MIS bonus bomb
Small savers in Bengal are no longer queueing up outside post offices to open monthly income scheme.. | Read..

Sanyo beams bounce-back signal
Sanyo Electric Co Ltd, the Japanese consumer electronics major, is looking to carve out a substanti.. | Read..

Temasek grabs slice of StanChart pie

The Singapore government on Monday snapped up a ?2.3-billion stake in Standard Chartered, the Briti.. | Read..

MindTree logs on to Bhubaneswar

MindTree Consulting will set up a software development centre in Bhubaneswar ? its first in the eas.. | Read..

RailTel plans to double turnover

RailTel Corporation of India Limited is expecting a turnover of more than Rs 60 crore this fiscal a.. | Read..

Symantec on hiring spree

US-based Symantec Corporation will more than double its staff strength in India over the next few y.. | Read..

TI charts growth plans

As it charts its course for the next 20 years in India, Texas Instruments (TI) is excited about its.. | Read..

Red carpet for local AmCham chapter

The Bengal government has welcomed the opening of the Calcutta chapter of the American Chamber of .. | Read..

Gokaldas to set up apparel zone

The Hindujas, promoters of Gokaldas Exports Ltd, are setting up a special economic zone (SEZ) for .. | Read..

US firm to offer mobile messages

Mobile 365, a US-based mobile messaging and data services company, has entered India and set a targ.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Rise in Pfizer profit

Foreign Exchange

US $1 : Rs 44.65	UK £1 : Rs 78.04
Euro : Rs 53.85	Yen 100 : Rs 38.21
HK $1 : Rs 5.07	SW Fr1 : Rs 33.55
Sing $1 : Rs 27.15	Aus $1 : Rs 31.02

Bullion

Bombay
Gold Std (10gm)	Rs. 8240
Gold 22 Carat	Rs. 8200
Silver bar (1kg)	Rs. 15710
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 8325
Gold 22 Carat	Rs. 7860
Silver bar (1kg)	Rs. 15700
Silver Portion	Rs. 15800