The Telegraph - Calcutta : Business

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| Tuesday, August 01, 2006 |

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Ranbaxy family gulps peace pill

The family spat over Ranbaxy patriarch Bhai Mohan Singh’s will has finally ended ? amicably. ... | Read..

Selloff spares IOC the blushes

A fat cheque of Rs 3,225 crore from its sale of ONGC shares helped IOC paper over a Rs 1,444-crore operating loss with a net ... | Read..

Report on full float keeps all guessing

A committee headed by S.S. Tarapore, the former deputy governor of Reserve Bank of India (RBI), today submitted a report set ... | Read..

Duties dampen European spirits

India is the world’s biggest market for whisky and a major international market for spirits in general. But the Europea ... | Read..

Usha Martin to raise funds abroad

The shareholders of wire rope major Usha Martin today approved the board’s proposal to raise $75 million to fund its ex ... | Read..

Ranbaxy family gulps peace pill

BoB takes lead in rate hike
Bank of Baroda (BoB) has raised the benchmark prime lending rate (BPLR) by 50 basis points to 11.5 .. | Read..

Temasek?s Lotus blooms
Temasek, the Singapore government?s investment arm, has obtained permission to float a mutual fund .. | Read..

Uco Bank net up 36%

Uco Bank earnings increased 36 per cent to Rs 61.50 crore in the first quarter from Rs 45 crore a y.. | Read..

Voltas buys German firm, more in offing

Tata group company Voltas has acquired a minority stake in a German company. The company is also lo.. | Read..

Smooth take-off for GMR flotation

The initial public offering (IPO) of GMR Infrastructure Ltd (GIL) was fully subscribed on its openi.. | Read..

Reliance Comm back in black

Reliance Communications Ltd, the Anil Ambani group company, has reported profit for the first quart.. | Read..

Nasdaq salutes Infosys feat

At 7 pm (9.30 am Eastern Standard time in New York), Nasdaq’s opening bell was rung by Infosys.. | Read..

Tech Mahindra hubs to dot local landscape

Tech Mahindra Limited (TML) will invest Rs 650 to Rs 700 crore to set up campuses across the countr.. | Read..

Murugappa pulls out of Orissa project

The Murugappa group has dropped its plan for a 3-million-tonne greenfield steel project in the Kali.. | Read..

Nabard taste for milk

The National Bank for Agriculture and Rural Development (Nabard) has drawn up a Rs 2,000-crore plan.. | Read..

ICICI to mop up Rs 6000 cr

ICICI Bank plans to raise up to Rs 6,000 crore through a combination of hybrid debt instruments and.. | Read..

Birla Corp net rises to Rs 62 cr

MP Birla group flagship company Birla Corporation has posted a net profit of Rs 62.36 crore in the .. | Read..

Visa Steel profit zooms

Visa Steel Limited, a subsidiary of Calcutta-based Visa Group, has reported a 253 per cent jump in .. | Read..

AROUND THE GLOBE

HSBC beats forecast

Europe’s biggest bank HSBC Holdings beat analysts’ median forecast with an 18 per cent ri.. | Read..

STOCK MARKET

Mutual Funds

Fiscal deficit widens

Foreign Exchange

US $1 : Rs 46.56	UK £1 : Rs 86.85
Euro : Rs 59.45	Yen 100 : Rs 40.73
SW Fr1 : Rs 37.15

Bullion

Bombay
Gold Std (10gm)	Rs. 9650
Gold 22 Carat	Rs. 9605
Silver bar (1kg)	Rs. 18055
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9730
Gold 22 Carat	Rs. 9185
Silver bar (1kg)	Rs. 17650
Silver Portion	Rs. 17750