The Telegraph - Calcutta : Business

| Tuesday, May 09, 2006 |

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New fund-raising option for listed firms

The market regulator today took note of the increasing number of Indian companies rushing to the overseas market to raise capital through the GDR and FCCB route and allowed listed companies to raise funds from domestic markets through an alternative ... | Read..

Regional bourses face heat

The Securities and Exchange Board of India (Sebi) has decided to tighten the screws on regional stock exchanges. ... | Read..

Tainted tribe awaits Sebi call

Stock market players tarred by Sebi for their alleged shenanigans during IPOs are biding their time for a hearing from the r ... | Read..

Free trade pact not to hurt farmers

Prime Minister Manmohan Singh has assured Congress president Sonia Gandhi that the proposed Indo-Asean free trade agreem ... | Read..

Wagah tea party to test Pak mood

Pakistan’s decision on whether to throw open the Wagah border to Indian tea will be a key indicator of our neighbou ... | Read..

Patent poser: India ranks 20th and Pakistan ninth on the global piracy and counterfeit ratings. For every 100 Microsoft products sold in India, about ... | Read

Shift in focus of export scheme, laggards gain
The commerce ministry is planning to shift the focus of the Rs 650-crore export assistance scheme f.. | Read..

Hint of delay in sales tax phase-out
The Centre today said there might be a delay in phasing out the central sales tax (CST) in states. .. | Read..

Satyam in pact with NNIT

Satyam Computer Services today announced its partnership with NNIT, the Denmark-based IT compan.. | Read..

Ranbaxy will row

An out-of-court settlement of the feud over Ranbaxy founder Bhai Mohan Singh’s will is seeming.. | Read..

Glenmark to market Aspen drugs in US

Glenmark Pharmaceuticals Ltd has signed a supply and marketing agreement with Aspen Inc for joi.. | Read..

Tatas serve an Ace in Lanka

Tata Motors today launched its sub-tonne mini truck ‘Tata Ace’ in Sri Lanka... | Read..

NIIT buys 51% of UK firm for $25 m

NIIT Technologies today bought a 51 per cent controlling stake in the UK-based software company.. | Read..

Normal trading at Calcutta tea auction

Trading became normal at the Calcutta tea auction today after the Tea Auction Buyers Associatio.. | Read..

AROUND THE GLOBE

Buffett kitty ready for Europe, Japan

Billionaire US investor Warren Buffett said he wants to use some of his firm’s $40 billion (?2.. | Read..

Wachovia to snap up Gold West Fin Corp

Wachovia Corp, the No. 4 US bank, on Sunday said it will buy Golden West Financial Corp for $25 bil.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Raymond net up at Rs 121 cr

Foreign Exchange

US $1 : Rs 44.88	UK £1 : Rs 83.66
Euro : Rs 57.03	Yen 100 : Rs 40.41
HK $1 : Rs 5.07	SW Fr1 : Rs 36.05
Sing $1 : Rs 28.02	Aus $1 : Rs 33.95

Bullion

Calcutta
Gold Std (10gm)	Rs. 10120
Gold 22 Carat	Rs. 9555
Silver bar (1kg)	Rs. 20300
Silver Portion	Rs. 20400
Bombay
Gold Std (10gm)	Rs. 9990
Gold 22 Carat	Rs. 9935
Silver bar (1kg)	Rs. 20735
Silver Portion	NA