The Telegraph - Calcutta : Business

| Wednesday, June 07, 2006 |

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SEZ land wrangle put to rest

The controversy over the minimum land required for special economic zones in infotech, gems and jewellery and biotech was resolved today with the empowered group of ministers (EGoM) retaining the commerce ministry’s original proposal of a minim ... | Read..

Bonus coating on Berger

Berger Paints India today announced a 50 per cent final dividend and three bonus shares for five equity shares held by share ... | Read..

IBM plans to lay out a $6-bn spread

IBM is set to log into India gigabyte style with chairman and CEO Samuel J. Palmisano announcing today that the company plan ... | Read..

Stake sale in Tech Mahindra

After monetising a part of its equity in its financial subsidiary, Mahindra & Mahindra has now set sights on Tech Mahind ... | Read..

Tata Tea profit dips 25%

Tata Tea’s net profit in the fourth quarter has dropped 25 per cent to Rs 19.32 crore from Rs 25.83 crore in the corre ... | Read..

SEZ land wrangle put to rest

GM sets March date for Spark rollout
General Motors India (GMI) is likely to roll out the Chevy Spark from its Halol facility in Gujarat.. | Read..

Big pharma scare over drug price rule
The pharmaceutical industry is apprehensive of the drug pricing policy to be announced by Ram Vilas.. | Read..

NIIT hungry for foreign buyouts

NIIT Technologies is looking at acquisitions in the US and Europe, targeting insurance, banking a.. | Read..

Mall owners find going tough in land deed muck

Mall owners and retailers are finding their expansion plans badly stymied by the ever growing probl.. | Read..

SPS gears up to tap market

Calcutta-based SPS Group plans to go public in the next couple of months. It will garner around Rs .. | Read..

General insurers set for brave new world

The premium costs for commercial vehicle and motor third party insurance are likely to go up from n.. | Read..

Canaan opens office in Gurgaon

After the dotcom boom went bust, venture capitalists had refused to invest in the wireless and cybe.. | Read..

AROUND THE GLOBE

BAA says yes to Ferrovial offer

The world’s biggest airport operator BAA Plc agreed to a ?10.1-billion ($18.9 billion) takeove.. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 45.93	UK £1 : Rs 85.85
Euro : Rs 59.01	Yen 100 : Rs 40.87
SW Fr1 : Rs 37.03	Aus $1 : Rs 33.65

Bullion

Bombay
Gold Std (10gm)	Rs. 9515
Gold 22 Carat	Rs. 9460
Silver bar (1kg)	Rs. 18280
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9625
Gold 22 Carat	Rs. 9090
Silver bar (1kg)	Rs. 17650
Silver Portion	Rs. 17750