The Telegraph - Calcutta : Business

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| Tuesday, June 13, 2006 |

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Rebels keep Mittal’s Arcelor hope alive

Arcelor has formally rejected the 25-billion-euro unsolicited acquisition bid by Mittal Steel, although rebel shareholders of the steelmaker managed to secure a special vote today that could jeopardise the firm’s plans to merge with Russia’ ... | Read..

Monday mourning after Friday fun

Weak overseas markets and unloading by mutual funds today hammered down the sensex by 334 points, deflating the bullish expe ... | Read..

NSDL gets a breather

The Securities and Appellate Tribunal (SAT) today set aside a Securities and Exchange Board of India’s directive in its ... | Read..

Unitech builds base for bonus high-rise

Unitech Ltd has received shareholders’ approval for a stock split in the ratio of 1:5 and a bonus issue of 12 shares fo ... | Read..

Guj NRE buys stake in Kiwi firm

Gujarat NRE Coke has picked up a stake in a New Zealand company that has coking coal reserves. ... | Read..

In the thick of things

High-voltage plan to up power capacity
India will add 75,000 megawatt during the Eleventh Five Year Plan period, which will begin from.. | Read..

Asian Paints sells stake in Filipino firm
Berger International Ltd, the overseas arm of Asian Paints Ltd, has divested its stake in Dutch Boy.. | Read..

Rs 500-crore energiser

The Indian Renewable Energy Development Agency (IREDA) will disburse Rs 500 crore this fiscal, .. | Read..

Jessop back on dividend track

Jessop & Co Ltd (JCL), the 218-year-old engineering firm now owned by the Ruia Group, has a.. | Read..

Simplex in cash hunt to fund growth

Simplex Infrastructures Ltd will raise Rs 900 crore from domestic and international markets to fund.. | Read..

Wachovia picks i-flex package

Reveleus, a business division of i-flex solutions that provides analytical applications to the .. | Read..

Haryana puts off SEZ deal with Reliance

The Haryana government today postponed the signing of a memorandum of understanding with Relian.. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 45.92	UK £1 : Rs 84.43
Euro : Rs 57.75	Yen 100 : Rs 40.14
HK $1 : Rs 5.88	Sing $1 : Rs 28.61
Aus $1 : Rs 34.00

Bullion

Bombay
Gold Std (10gm)	Rs. 9090
Gold 22 Carat	Rs. 9040
Silver bar (1kg)	Rs. 16930
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9215
Gold 22 Carat	Rs. 8700
Silver bar (1kg)	Rs. 16200
Silver Portion	Rs. 16300