The Telegraph - Calcutta : Business

| Tuesday, July 04, 2006 |

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ITC hotels eye upscale Starwood brand

ITC can use the Sheraton tag at its nine premier hotels for another three months. ... | Read..

Anxious moments for oil trio as crude boils

Public sector oil companies are yet to get the carte blanche on fuel prices, though global crude is simmering near the $70-l ... | Read..

Stocks get caught in monsoon rain

Whether on the rain-swept roads of Mumbai or on the bourses, investors chose to tread cautiously today. Volumes and the leve ... | Read..

Honda Motor puts India before China

Japan’s Honda Motor will invest Rs 3,000 crore over the next 10 years in India to boost the production capacity of its ... | Read..

Cairn ties up $1bn loan for Rajasthan

Cairn Energy of the UK has secured a $1-billion loan to fund its oil and gas field development plans in Rajasthan. ... | Read..

Capital gains: Reliance Communications has launched the ?Hello capital? plan for its fixed wireless subscribers, under which it will charge a local ra ... | Read

Welspun sews up Christy deal
Welspun India has acquired an 85 per cent stake in Christy, one of UK?s leading home textile brands.. | Read..

Meet to widen tax base
Finance minister P. Chidambaram will meet chief commissioners and director-generals of the income t.. | Read..

GSPC needs $3 bn for eastern drill

Gujarat State Petroleum Corporation is targeting commercial production from its eastern offshore de.. | Read..

Siemens sets open offer price for Bayer

Siemens AG today announced an open offer to acquire 20 per cent of Bayer Diagnostics India Ltd at R.. | Read..

McNally to form JV with foreign firm

McNally Bharat, the engineering company promoted by B.M. Khaitan and C.K. Birla, may set up a joint.. | Read..

Russia bearings outfit in Andhra

EBC Bearings (India), a wholly-owned subsidiary of the European Bearing Corporation, Moscow, ha.. | Read..

July date for airport hearing

The Supreme Court today fixed July 18 for hearing a petition filed by Anil Ambani Group's Reli.. | Read..

AROUND THE GLOBE

Alcoa now a takeover target

Underperforming US aluminium giant Alcoa is ripe for takeover, and analysts see Australian resource.. | Read..

STOCK MARKET

Industry gets priority

Foreign Exchange

US $1 : Rs 46.07	UK £1 : Rs 84.95
Euro : Rs 58.94	Euro : Rs 58.94
Yen 100 : Rs 40.15	SW Fr1 : Rs 36.85
Aus $1 : Rs 33.65

Bullion

Bombay
Gold Std (10gm)	Rs. 9340
Gold 22 Carat	Rs. 9290
Silver bar (1kg)	Rs. 17515
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9440
Gold 22 Carat	Rs. 8910
Silver bar (1kg)	Rs. 17000
Silver Portion	Rs. 17100