The Telegraph - Calcutta : Business

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| Tuesday, August 22, 2006 |

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Chamber of secrets

The Ambani brothers — Mukesh and Anil — have for long steered clear of chambers of commerce and the causes they champion, choosing instead to engage the government in a dialogue on the issues where they have a special interest. ... | Read..

Mukesh for faster legal reforms

Mukesh Ambani, chairman of Reliance Industries Limited, today used the platform of industry chamber Assocham to call upon th ... | Read..

Recipe for check on food prices

The Congress government has cooked up a novel plan to keep food prices in control — eat more chawal and less roti... | Read..

Uco ups key lending rate

Uco Bank today raised its benchmark prime lending rate (BPLR) by 50 basis points to 12 per cent. ... | Read..

Govt revs up to sell Maruti rump stake

The ministry for heavy industries has given its approval for the sale of the government’s remaining 10.27 per cent stak ... | Read..

Cool Contraption: A Toshiba employee displays the new refrigerator GR-W45S at the company’s headquarters in Tokyo on Monday. The refrigerator has a pu ... | Read

High-speed PSU turnaround
The department of heavy industries has turned around as many as 36 PSUs in the last two years, from.. | Read..

Diageo, Radico raise toast to joint venture
Diageo has entered into a joint venture with Radico Khaitan to mark its re-entry into the Indian-ma.. | Read..

US money for Bengal realty

The US-based New Vernon Private Equity Limited has invested Rs 30 crore in International Infrastruc.. | Read..

Everonn Systems ready for flotation

Everonn Systems India Limited will tap the market to raise Rs 50 crore. The integrated knowledge ma.. | Read..

GMR lists at Rs 215

GMR Infrastructure Ltd today made a humble debut on the bourses when its shares opened at Rs 215, m.. | Read..

Frauds a big headache for firms going global

As Indian companies turn global and reach out to the far corners of the world, the risks of doing b.. | Read..

JP Morgan bets on realty boom

JP Morgan Asset Management today announced the closing of the JP Morgan India Property Fund with mo.. | Read..

RBI slaps penalty on IDBI

The Reserve Bank of India (RBI) today imposed a penalty of Rs 5 lakh on IDBI Ltd for violating its .. | Read..

Airtel in pact with Microsoft

Bharti Airtel has formed a strategic partnership with Microsoft to introduce a technology platform .. | Read..

Spentex allots QIB shares

Spentex Industries has allotted 75 lakh shares to qualified institutional buyers (QIBs) under the p.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Birla firm buys Minacs

Foreign Exchange

US $1 : Rs 46.46	UK £1 : Rs 88.01
Euro : Rs 59.87	Yen 100 : Rs 40.15
SW Fr1 : Rs 37.02	Aus $1 : Rs 34.75

Bullion

Bombay
Gold Std (10gm)	Rs. 9440
Gold 22 Carat	Rs. 9390
Silver bar (1kg)	Rs. 19180
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9530
Gold 22 Carat	Rs. 9000
Silver bar (1kg)	Rs. 18450
Silver Portion	Rs. 18550