The Telegraph - Calcutta : Business

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| Thursday, January 04, 2007 |

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Hutch alert in R-Com cash call

Reliance Communications (R-Com) today announced plans to raise funds through external commercial borrowings (ECBs) or foreign currency convertible bonds (FCCB), stoking speculations that the issue will fund its proposed bid for Hutchison Essar. ... | Read..

Verizon buzz on deal street

The battle for control of Hutch- Essar may become even more high-profile with a prospective buyer from the US telecom space ... | Read..

ONGC plays by rules on gas find

ONGC is expected to make a formal announcement of its gas strike in the deep water Krishna-Godavari basin within this month. ... | Read..

Sales tax phase-out delayed

A meeting of the empowered committee on value-added tax (VAT) today decided to delay phasing out of central sales tax (CST) ... | Read..

Car sales made easy@autojunction.in

Want to sell your car? Post it on autojunction.in. ... | Read..

Fuel for thought: Chiefs of British Petroleum, Petrobras, British Gas, Shell, China’s Sinopec, PDVSA of Venezuela and several Opec ministers will atte ... | Read

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Sensex settles atop Mount 14K

Continuing the New Year celebrations that began yesterday, stock markets today closed above the 140.. | Read..

i-flex buys Capco division

i-flex solutions will acquire the Singapore consulting practice of Capco — The Capital Markets Comp.. | Read..

Bajaj Auto scrip races ahead

Shares of Bajaj Auto today leapt on hopes that the company will soon announce the much-awaited deme.. | Read..

Govt in a spot over huge tax arrears

The government may have to write off a whopping Rs 85,000 crore out of the total tax arrears accumu.. | Read..

Zicom charts plan for retail growth

Zicom Electronic Security Systems has set up a separate consumer service group to spearhead its ret.. | Read..

Sunbeam keen on herbal unit in state

Sunbeam Remedies Pvt Ltd, a pharmaceutical company floated in 2006 by the Mumbai-based Orind and Sh.. | Read..

Dena Bank in pact with LIC

Dena Bank has joined hands with Life Insurance Corporation of India (LIC) to launch a group mortgag.. | Read..

DLF submits fresh papers for IPO

New Delhi-based real estate giant DLF today filed a fresh prospectus with market watchdog Securitie.. | Read..

India to ink LNG deal with Australia

India is likely to sign a $12.5-billion deal with Australia by the end of March to import 2.5 milli.. | Read..

AROUND THE GLOBE

China withdraws sops to foreign investors

After emerging as the “world's factory”, China has withdrawn investor-friendly sops .. | Read..

Toyota stays ahead of Ford in US sales race

Japanese automaker Toyota Motor will likely surge past Ford Motor to the No. 2 spot in the US auto .. | Read..

Mobile trio faces heat on Bluetooth patent

The Washington Research Foundation has sued mobile phone makers Nokia, Samsung Electronics and Mat.. | Read..

Schering to sell Danish drug in US

US drug maker Schering-Plough Corp will develop and sell Denmark’s ALK-Abello anti-allergy dru.. | Read..

STOCK MARKET

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CORPORATE BRIEFS

Huawei supply to BSNL

Jet fuel turns costlier

Bullion

Bombay
Gold Std (10gm)	Rs. 9250
Gold 22 Carat	Rs. 9200
Silver bar (1kg)	Rs. 19695
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9365
Gold 22 Carat	Rs. 8840
Silver bar (1kg)	Rs. 19400
Silver Portion	Rs. 19500