The Telegraph - Calcutta : Business

| Saturday, June 03, 2006 |

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Nissan car to roll out of Maruti plant

Japan’s Suzuki Motor Corporation, the parent of carmarker Maruti Udyog Ltd, today announced a deal with Nissan Motor Company to broaden their existing business ties that will include production of Nissan cars at Maruti’s plant in Gurgaon. ... | Read..

Selloff flagged off with Tungabhadra

In its first attempt to privatise sick state-run companies, the UPA government today gave an ‘in principle’ approv ... | Read..

Heavyweights in pullback act

Investors, who were fretting over the recent erosion in stock values, heaved a sigh of relief on Friday as key frontliners l ... | Read..

Bengal awaits North Block nod for sick unit recast

New Delhi is in no position to stay put when big barons are going ga ga over Bengal as an investment destination. ... | Read..

Punj Lloyd buys SembCorp arm

Engineering and construction major Punj Lloyd Ltd has acquired an 88 per cent stake in SembCorp Engineers & Construc ... | Read..

Bond with the best: Uco Bank has signed a deal with Kotak Mahindra Mutual Fund to distribute the latter?s products from its branches across the countr ... | Read

Bolivian red carpet for Jindal Steel
Jindal Steel and Power Ltd has bagged the rights to develop the el Mutun iron ore mine in Bolivia t.. | Read..

Saral makes way for four-page tax form
Income tax authorities today notified a four-page returns filing form that would replace the on.. | Read..

Blow to GE Ship plan

The demerger of the offshore services business of Great Eastern Shipping Co Ltd (GE Shipping) w.. | Read..

Ruia scripts Falcon success story

After coming into the folds of the Ruia group, Falcon Tyres has registered close to 300 per cen.. | Read..

Tide Water fate hangs in balance

ONGC’s chances of taking over Tide Water Oil appear to be dim following the exit of Subir .. | Read..

Rebates eat into Mangalore net profit

Mangalore Refinery and Petrochemicals Ltd today reported a 58 per cent drop in earnings at Rs 3.. | Read..

AROUND THE GLOBE

Glaxo sweetens Pfizer pill

GlaxoSmithKline is to bid more than $15 billion for the consumer healthcare business of US rival Pf.. | Read..

EU clears Mittal bid with a rider

European Union antitrust regulators today approved Mittal Steel Co’s takeover bid for rival Ar.. | Read..

NYSE beats rival to buy Euronext

NYSE Group Inc struck a deal to buy European bourse operator Euronext for 7.78 billion euros ($9.9.. | Read..

Citigroup buys BAA shares

A bank advising Spain’s Grupo Ferrovial was spending up to ?1.35 billion ($2.52 billion) on sh.. | Read..

Hornby chugs into digital age

Hornby, whose model trains and cars have kept children and enthusiasts amused for more than 75 year.. | Read..

STOCK MARKET

Inflation rises to 4.74%

Foreign Exchange

US $1 : Rs 45.09	UK £1 : Rs 85.72
Euro : Rs 58.84	Yen 100 : Rs 40.69
SW Fr1 : Rs 37.25	Aus $1 : Rs 34.00

Bullion

Bombay
Gold Std (10gm)	Rs. 9480
Gold 22 Carat	Rs. 9430
Silver bar (1kg)	Rs. 18535
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9570
Gold 22 Carat	Rs. 9035
Silver bar (1kg)	Rs. 17800
Silver Portion	Rs. 17900