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Since 1st March, 1999
 
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State Bank feels rate pinch
The hardening of interest rates has left a hole in State Bank of India’s fourth-quarter earnings. The country’s largest commercial bank today reported a 20 per cent drop in fourth-quarter net profit at Rs 853.29 crore against Rs 1,064.88 c ...  | Read.. 
 
Valued associates
The State Bank of India is banking on the huge investment value locked in its four unlisted associate banks to add to its fo ...  | Read.. 
 
Challenge to Lodha grip
The absolute power of the Lodhas over the MP Birla group may come into question, following the court drama over the appointm ...  | Read.. 
 
Darlings dumped in deluge
Darlings yesterday, dumped today. The heavyweight shares were the heroes of the dream run on the bourses in the past few mon ...  | Read.. 
 
Dabur shuts down Nepal unit
Ayurveda-to-FMCG major Dabur has rammed down the shutters of its joint venture in Nepal, refusing to buckle under the ex ...  | Read.. 
 
State Bank chairman A.K. Purwar in Calcutta on Friday. Picture by Kishor Roy Chowdhury
 
 
Siemens, Huawei in tie-up
In a move to capture a major pie of the Rs 4,200-crore Indian networking market, Siemens Ltd to..  | Read.. 
Mittal raises Arcelor offer price
Mittal Steel, seeking to win back eroding investor support for its bid for Arcelor, raised its offe..  | Read.. 
 
Tata Motors posts robust numbers
Tata Motors registered a 24 per cent rise in profit after tax at Rs 1,528.88 crore for 2005-06 ..  | Read.. 
 
Bajaj Auto focus on overseas markets
Bajaj Auto will ramp up its exports this fiscal. It is focussing on Indonesia, Brazil, Argentin..  | Read.. 
 
Left warns against PF rate cut
The government today came under attack in the Lok Sabha over its reported move to reduce the in..  | Read.. 
 
Airtel lines up Rs 400 cr for Bengal
Airtel will focus on network upgradation this fiscal with a combined investment of Rs 400 crore..  | Read.. 
 
CAG spots slips in rail projects
The railways’ gauge conversion plans have gone off the tracks...  | Read.. 
 
STOCK MARKET
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Inflation rate rises
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IPCL control
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Neyveli selloff
 
Foreign Exchange
US $1 : Rs 45.57UK £1 : Rs 85.05
Euro : Rs 58.19Yen 100 : Rs 40.77
HK $1 : Rs 5.75SW Fr1 : Rs 36.95
Sing $1 : Rs 28.25Aus $1 : Rs 34.05
Bullion
Bombay
Gold Std (10gm)Rs. 10160
Gold 22 CaratRs. 10110
Silver bar (1kg)Rs. 19720
Silver PortionNA
Calcutta
Gold Std (10gm)Rs. 10275
Gold 22 CaratRs. 9700
Silver bar (1kg)Rs. 19450
Silver PortionRs. 19550