The Telegraph - Calcutta : Business

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| Thursday, October 19, 2006 |

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Swiss Re stake in Yes Bank

Swiss Reinsurance Company (Swiss Re) is picking up a 3.57 per cent stake in Yes Bank, which will make a preferential offer to the reinsurer of up to 1 crore shares at Rs 120 per share, aggregating Rs 120 crore ($26.5 million). ... | Read..

9% growth, 7 crore jobs in 11th Plan

The Centre has agreed on an Eleventh Five-Year Plan (2007-12) format that aims to speed up growth to 9 per cent and create 7 ... | Read..

Wipro revenue rises 41%

Wipro Limited today announced a 41 per cent increase in total revenues at Rs 3,546 crore in the second quarter compared with ... | Read..

More suitors may emerge for Corus

Tata Steel may have to raise its offer price for Corus, analysts said, as reports of possible counter bids swirled with Braz ... | Read..

Analysts see no synergy

Tata Steel may be salivating at the prospect of taking over Corus Steel but credit and financial analysts are walking around ... | Read..

Swiss Re stake in Yes Bank

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Yangon talks tough on gas

The Myanmar government has informed GAIL (India) Ltd that it wants to sell the 5 trillion cubic fee.. | Read..

Hindalco net jumps 90% to Rs 597.6 cr

Hindalco has reported a 74 per cent jump in second-quarter net sales and revenue at Rs 4,634.2 cror.. | Read..

TCS opens dedicated centre for Japan

Tata Consultancy Services (TCS) has set up a dedicated Japan offshore delivery centre (J-ODC) in Ca.. | Read..

Assam gas cracker pact

The joint venture agreement for the Rs 5,460-crore Assam gas cracker project was signed here today .. | Read..

Move to lift voting cap in private banks

The government is considering removing the current 10 per cent ceiling on voting rights for foreign.. | Read..

STOCK MARKET

Mutual Funds

Software exports to grow

Bullion

Bombay
Gold Std (10gm)	Rs. 8795
Gold 22 Carat	Rs. 8746
Silver bar (1kg)	Rs. 18472
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 8920
Gold 22 Carat	Rs. 8420
Silver bar (1kg)	Rs. 18200
Silver Portion	Rs. 18300