The Telegraph - Calcutta : Business

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| Tuesday, October 10, 2006 |

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Ericsson set to connect BSNL call

Swedish telecom firm Ericsson has emerged as the lowest bidder for Bharat Sanchar Nigam’s Rs 20,000-crore GSM line contract that is touted as the biggest telecom equipment deal in the world. ... | Read..

Calcutta bank twins await equity rejig

The government plans to restructure the equity of two Calcutta-based banks — United Bank of India and Uco Bank. ... | Read..

Tatas plan to merge group hotels

The Tatas-promoted Indian Hotels Company Ltd (IHCL) is looking at merging certain companies of the Taj Group with itself. ... | Read..

Terms set for Japan rail loan

The soft loan from Japan for the Rs 22,000-crore dedicated railway freight corridor, one from Calcutta to Delhi and the othe ... | Read..

E*Trade open offer for IL&FS Investsmart

The US-based E*Trade Financial Corporation has made an open offer to acquire 20 per cent in IL&FS Investsmart at a price ... | Read..

Buzz gets louder

Private push to power transmission
Tata Power, Reliance Energy, L&T, China Light & Power and Gammon are among the nine compani.. | Read..

A-I loan gets US Exim guarantee
US Exim Bank has agreed to extend guarantee for a $6.2-billion loan to finance Air-India’s fleet ex.. | Read..

ITC sows seeds of farm retail

ITC Ltd is planning to kick off its agri-retail business in the city by the middle of 2007. The com.. | Read..

Survey pats private insurers

Private insurance companies have bagged top positions in the customer satisfaction index of a gover.. | Read..

GE Ship charts growth plans

The Sheths of The Great Eastern Shipping Company Ltd (GE Shipping) are demerging the firm’s of.. | Read..

ABP inks media content deal

Bobby Bedi-promoted film production company Kaleidoscope Entertainment Pvt Ltd and the ABP Group ha.. | Read..

Tata trucks dearer

Rising input costs, particularly of steel and tyres, have forced Tata Motors Ltd to raise prices of.. | Read..

AROUND THE GLOBE

Oil prices rally on Opec, North Korea moves

Oil climbed above $60 a barrel on Monday as Opec plans to cement a deal to cut production and as ge.. | Read..

Retail investors get an edge in Telstra selloff

The Australian government has launched the A$8 billion ($6 billion) sale of a third of its stake in.. | Read..

PNC Financial to buy Mercantile

PNC Financial Services Group Inc said on Monday it had agreed to buy Mercantile Bankshares Corp in .. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 45.73	UK £1 : Rs 85.37
Euro : Rs 57.65	Yen 100 : Rs 38.43

Bullion

Bombay
Gold Std (10gm)	Rs. 8685
Gold 22 Carat	Rs. 8635
Silver bar (1kg)	Rs. 18155
Silver Portion	NA