The Telegraph - Calcutta : Business

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| Saturday, May 13, 2006 |

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Cement under mortar fire

The government today set a three-day deadline for cement companies to build an action plan to check the tearaway rise in cement prices and threatened to clamp down with a ban on exports or a cess on their earnings if they failed to do so. ... | Read..

DLF builds base for skyscraper

DLF Universal, the Gurgaon-based real estate company, today filed the draft prospectus for its Rs 11,000-crore blockbuster i ... | Read..

House panel in balancing act

The parliamentary standing committee on finance has asked the government to ensure that public sector banks are not at a dis ... | Read..

Rating firms sniff big scope in small units

Small-scale firms promise big business for credit rating agencies. ... | Read..

AllBank to set lower credit growth target for this fiscal

The board of Allahabad Bank is likely to consider scaling down its credit growth target for 2006-07 when it meets on Sun ... | Read..

In high spirits: SVP Industries plans to invest Rs 55 crore in the next 12 months to set up an alcohol plant, capable of running on both grain and mol ... | Read

Great prices await magic cuppa
The second flush crop is expected to bring good times to tea prices. .. | Read..

Singh-Deora meet on oil next week
Petroleum minister Murli Deora is expected to meet Prime Minister Manmohan Singh next week to d.. | Read..

Panel to seek legal advice on Balco

The core group on disinvestment, which met here today, will seek the law ministry’s advice.. | Read..

Texmaco posts 21% rise in net profit

Texmaco, a K K Birla group company, has reported best ever results for fiscal 2005-06... | Read..

Merger of Blow Plast, VIP in 1:1 ratio

Decks have been cleared for the merger of Blow Plast with VIP Industries after the respective b.. | Read..

Industry growth slows

Growth in industrial production has slowed down to 8 per cent during 2005-06 compared with 8.4 per .. | Read..

Aussie investors keen on Birla firm shares

Aditya Birla Minerals today flagged off its first initial public offering (IPO) in the overseas mar.. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 45.05	UK £1 : Rs 85.48
Euro : Rs 58.22	Yen 100 : Rs 41.13
HK $1 : Rs 5.07	SW Fr1 : Rs 36.06
Sing $1 : Rs 28.03	Aus $1 : Rs 34.04

Bullion

Bombay
Gold Std (10gm)	Rs. 10715
Gold 22 Carat	Rs. 10665
Silver bar (1kg)	Rs. 21915
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 10840
Gold 22 Carat	Rs. 10235
Silver bar (1kg)	Rs. 21000
Silver Portion	Rs. 21100