The Telegraph - Calcutta : Business

| Tuesday, April 11, 2006 |

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Banks in pursuit of dollar dreams

Domestic banks are looking to aggressively expand their overseas presence as they chase dollar dreams and a large Indian diaspora. ... | Read..

Birlas gain control of Idea

The Tatas and the Birlas have finally buried the hatchet after a bruising battle over Idea Cellular that has raged for over ... | Read..

Satyam raises bonus hopes

Satyam Computer Services today said its board would meet on April 21 to consider a bonus issue. The board will also announce ... | Read..

BSNL bottomline takes a hit

Bharat Sanchar Nigam (BSNL) has reported a lower net profit in 2005-06, thanks to a reduction in access deficit charges (ADC ... | Read..

Hindalco arm set for listing Down Under

Aditya Birla Minerals Ltd, a wholly- owned subsidiary of Hindalco Industries Ltd, is set to be listed on the Australian Stoc ... | Read..

CARD CRAZE: Standard Chartered Bank and Bajaj Allianz Life Insurance have launched their co-branded life insurance credit card that lets policy holder ... | Read

LG to offer niche TV at lower price
LG Electronics will start assembling LCD (liquid crystal display) televisions in India in the secon.. | Read..

Dunlop Ambattur unit starts rolling
A day after the final agreement was signed in Calcutta to reopen the Sahagunj factory, Dunlop?s new.. | Read..

Higher output target set for ONGC

The government has fixed a target of 27.35 million tonnes of crude for ONGC during the current fisc.. | Read..

Xerox India lines up growth plans

Xerox India aims to double its 4.5 per cent market share in laser printers in calendar year 2006. .. | Read..

Phone user base shows steady growth

The subscriber base for fixed and mobile services reached 124.78 million at the end of the quarter .. | Read..

Govt concern over free trade deals

The government today favoured a “cautious but balanced approach” on free trade agreements.. | Read..

Riddhi Siddhi to set up Uttaranchal unit

Riddhi Siddhi Gluco Biols Ltd will invest Rs 120 crore this fiscal to set up a greenfield maize pro.. | Read..

Paradip port sees 10% rise in traffic

Paradip Port Trust (PPT), the only major port in Orissa, has achieved a record traffic of 33.11 mil.. | Read..

Rapid growth in non-life insurance

Riding on the robust performance of ICICI Lombard, New India, Oriental Insurance and Bajaj Allianz,.. | Read..

Local demand drives infotech

Indian IT vendors are focusing more on the domestic market, which is set to grow from $3.5 billion .. | Read..

AROUND THE GLOBE

Serono focus on buyouts

Swiss biotech firm Serono SA has called off a five-month search for a suitor and launched a quest f.. | Read..

Samsung-Sony unit to produce more flat TVs

South Korea’s Samsung Electronics Co Ltd and Japan’s Sony Corp have agreed to a $2-billio.. | Read..

VeriFone to buy rival Lipman for $793m

VeriFone Holdings Inc said on Monday it reached a cash and stock deal worth $793 million to acquire.. | Read..

Fidelity sells LSE stake

Fidelity Investments, at one point the London Stock Exchange’s (LSE) biggest shareholder, has .. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Viceroy Hotels shares

Foreign Exchange

US $1 : Rs 44.84	UK £1 : Rs 78.24
Euro : Rs 54.29	Yen 100 : Rs 37.88
HK $1 : Rs 5.07	SW Fr1 : Rs 33.85
Sing $1 : Rs 27.04	Aus $1 : Rs 31.95

Bullion

Bombay
Gold Std (10gm)	Rs. 8750
Gold 22 Carat	Rs. 8705
Silver bar (1kg)	Rs. 18545
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 8845
Gold 22 Carat	Rs. 8350
Silver bar (1kg)	Rs. 18125
Silver Portion	Rs. 18225