The Telegraph - Calcutta : Business

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| Thursday, December 28, 2006 |

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UB plans $1bn buyout kitty

The UB group, which is very close to acquiring Scotch whisky maker Whyte & Mackay, is likely to float a public issue or make a private placement of shares to fund the buyout. ... | Read..

Hutch sets floor price of $14bn

As Ravi Ruia of Essar and Arun Sarin of Vodafone hunker down separately for parleys with Hutchison honchos in Hong Kong, Hut ... | Read..

Left for rules in retail play

The Left parties continue to oppose any move by Prime Minister Manmohan Singh to open up the retail window to foreign invest ... | Read..

Markets deck out for year-end party

As the year draws to close, the sensex shows all the signs of clambering to its highest peak rounding off an incredible jour ... | Read..

Comeuppance for credit card rogues

Banks and credit card firms are trying hard to combat the menace of plastic money fraud. There are 45 million cards in circu ... | Read..

UB plans $1bn buyout kitty

Exchange	NSE	BSE

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Mittal not keen to hold post of chairman

London, Dec. 27 (PTI) Steel tycoon Lakshmi Mittal has made it clear that he is not keen on becoming.. | Read..

Survival: At Rs 9 a day

A poor villager spent Rs 9 a day on consumption needs in 2004-05 despite the country clocking a gro.. | Read..

Rubber hot before Singur rolls out car

A rubber complex, mainly to make car components, is slated to come up within 30 km from Singur, the.. | Read..

States’ fiscal health on recovery road

An analysis of state government budgets for 2005-06 shows that there has been a marked improvement .. | Read..

IOC to upgrade outlets

Indian Oil Corporation (IOC) has stepped on the gas to automate its retail outlets in large scale, .. | Read..

Mutual fund investors to have number ID

Mutual fund investors will now require a Mutual Fund Identification Number (MIN) to comply with the.. | Read..

DRL bags drug rights in US

Dr Reddy’s Laboratories (DRL) has bagged a 180-day marketing exclusivity for Ondansetron Hydro.. | Read..

Zee sets share swap ratio for 2 group firms

Zee Telefilms has announced a share swap ratio for two of its group companies pursuant to the demer.. | Read..

Big Mac to invest Rs 400cr in India

Fast foods chain McDonald’s today said it is planning to invest about Rs 400 crore in India in.. | Read..

Cornerstone, Lupin cut link

Pharma companies Lupin and Cornerstone Biopharma will end a development agreement, signed in May 20.. | Read..

AROUND THE GLOBE

Toyota, Ford steer clear of alliances

The chairman of Toyota Motor Corp met the chief executive of Ford Motor but they did not discuss .. | Read..

Refco set to wind up

Refco Inc has emerged from Chapter 11 protection from creditors, ending one of the most complex US .. | Read..

Nortel dispute case settled

Two US judges on Tuesday gave their blessings to an estimated $2.45-billion settlement between Nort.. | Read..

Brake on China auto output

China has announced measures to prevent the development of excessive production capacity in the cou.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Nagarjuna gets three orders

FDI set to cross $11bn

Bullion

Bombay
Gold Std (10gm)	Rs. 9105
Gold 22 Carat	Rs. 9055
Silver bar (1kg)	Rs. 19335
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9200
Gold 22 Carat	Rs. 8685
Silver bar (1kg)	Rs. 19000
Silver Portion	Rs. 19100