The Telegraph - Calcutta : Business

| Tuesday, June 06, 2006 |

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Price embers set to flicker

The fuel price hike today is likely to push up the inflation rate to 5 per cent from 4.74 per cent in a few weeks. Government officials said prices have hardened over the last few months with inflation creeping up to 4.74 per cent from 3.5 per cent. ... | Read..

Formula fails to satisfy oil firms

The package announced to bail out the oil companies today falls short of their expectations as the finance ministry has mana ... | Read..

Reliance to decide on rates soon

Officials of Reliance Industries, the country’s largest private sector refiner, say the company will take a decision in ... | Read..

Sahara flies into Jet arms

The home ministry has cleared Jet Airways’ takeover of Sahara Airlines. It permitted four Jet directors to join the boa ... | Read..

Stocks feel selling pressure

The week began on a disappointing note for investors as the BSE 30-share bellwether index failed to sustain Friday’s r ... | Read..

Price embers set to flicker

Bilt, Morgan ready for Malaysia sojourn
Ballarpur Industries and JP Morgan are jointly picking up a 97.8 per cent stake in Malaysia?s Sabah.. | Read..

Gujarat NRE gifts 1:1 bonus
Calcutta-based Gujarat NRE Coke has doled out a 1:1 bonus to its shareholders, its fourth in as man.. | Read..

India Inc plans to shop big

India Inc is likely to spend up to $4.5 billion this year to acquire foreign firms, according to in.. | Read..

Genpact tops list of third-party BPOs

Genpact, the business process outsourcing (BPO) arm of GE, has overtaken WNS in terms of the top th.. | Read..

Motorola to set up base for handsets

Motorola of the US plans to establish a plant in India to make mobile handsets following the lead o.. | Read..

Praj keen

Praj Industries, a Pune-based provider of alcohol and ethanol technology, plans to acquire manufact.. | Read..

IBM boss in another recce

IBM chairman and chief executive officer Samuel Palmisano will start his two-day visit to India tom.. | Read..

Futures trade in jute resumes

Futures trading in raw jute resumed today on the East India Jute and Hessian Exchange after over fo.. | Read..

Drug duo enters into overseas agreements

Two domestic pharmaceutical companies today entered into separate deals with overseas firms in derm.. | Read..

TV firms aghast at levy bid

Television manufacturers are up in arms against a government proposal to introduce a licence fee on.. | Read..

Bad weather spells

North Indian tea production is down by 14 million kg in April... | Read..

TIL net profit up to Rs 19 cr

TIL Ltd has reported an 88 per cent rise in profit before tax for 2005-06 at Rs 18.85 crore, compar.. | Read..

Reliance Comm merger

Reliance Communication Ventures (RCoVL) has secured shareholders’ nod for the merger of nine c.. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 45.79	UK £1 : Rs 86.27
Euro : Rs 59.34	Yen 100 : Rs 41.02
SW Fr1 : Rs 37.35	Aus $1 : Rs 33.09

Bullion

Bombay
Gold Std (10gm)	Rs. 9625
Gold 22 Carat	Rs. 9580
Silver bar (1kg)	Rs. 18665
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9760
Gold 22 Carat	Rs. 9215
Silver bar (1kg)	Rs. 17800
Silver Portion	Rs. 17900