The Telegraph - Calcutta : Business

| Tuesday, April 04, 2006 |

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EDS poised to pocket MphasiS

EDS, the Plano (Texas)-based technology services company, is planning to snap up a 52 per cent stake in MphasiS BFL for $380 million. ... | Read..

Sensex salute to new fiscal

The new financial year began on an exhilarating note for the equity market as a rush of foreign funds and heavy mutual fund ... | Read..

Institutions put Rs 2700 cr in Reliance Petro

Reliance Petroleum Ltd, a Mukesh Ambani group company, today completed a pre-IPO private placement to a clutch of investors ... | Read..

Court shatters Anil’s hopes

Delhi High Court today rejected a plea made by Anil Ambani-promoted Reliance Airport Developers to grant an interim stay on ... | Read..

Cement prices harden

Cement prices have started hardening over the past two days. Several major cement companies have raised prices and intend to ... | Read..

I, ROBOT: Tomoaki Kasuga, CEO of Speecys, a Japanese robotics venture, displays humanoid robot ITR in Tokyo on Monday. The robot, which will go on sal ... | Read

Banks spice up short-term deposits
Banks and financial institutions are scrambling to raise interest rates on short-term deposits as t.. | Read..

Tea auction gets back flavour
Tea is back in favour. At least, that?s what the demand and high prices at the auctions say ? the .. | Read..

Assam Company stirs $60-m FCCB brew

City-based Assam Company Ltd (ACL) will hit the international market with a $60 million or Rs 270 c.. | Read..

Ministry bid to protect Paradip port

The Union shipping ministry has asked the Orissa government to conduct a study by an independent ex.. | Read..

Helios snaps up US firm

Helios & Matheson Information Technology Ltd today announced that it has acquired a controlling.. | Read..

Bhel bottomline up 70%

Bharat Heavy Electricals Ltd (Bhel) has recorded a 70 per cent jump in net profit at Rs 1,621 crore.. | Read..

Pact with US on green power unit

India and US today signed a protocol on co-operation in the $950 million ‘FutureGen’ proj.. | Read..

Open offer for Era Financial

Led by its principal promoter H.S. Bharana, Era Constructions India Ltd today made an open offer t.. | Read..

RNBC investment norms tightened

The Reserve Bank of India (RBI) has tightened norms on discretionary investments by residuary non-b.. | Read..

Rights in favour

Fund mobilisation by companies through rights issues increased by 14 per cent to Rs 4,126 crore in .. | Read..

Excise duty cut fuels car sales growth

The excise duty cut announced in this year’s budget helped the car market to move into top gea.. | Read..

AROUND THE GLOBE

Group of six launches VNU bid

A group of six private equity firms has officially launched its 7.5-billion-euro ($9.1 billion) bid.. | Read..

Hedge fund set to buy

General Motors is expected to sell a controlling stake in its General Motors Acceptance Corp financ.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Mindteck stake in US firm

Fiat VRS at Kurla plant

Foreign Exchange

US $1 : Rs 44.06	UK £1 : Rs 77.12
Euro : Rs 53.85	Yen 100 : Rs 37.07

Bullion

Bombay
Gold Std (10gm)	Rs. 8540
Gold 22 Carat	Rs. 8495
Silver bar (1kg)	Rs. 17430
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 8630
Gold 22 Carat	Rs. 8150
Silver bar (1kg)	Rs. 17000
Silver Portion	Rs. 17100