The Telegraph - Calcutta : Business

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| Saturday, December 04, 2004 |

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Essar buys 10% in BPL Mobile

In an acquisition that portends a major consolidation in the Indian cellular industry, the Essar group today acquired a 9.9 per cent stake in its principal rival, BPL Mobile Communications. ... | Read..

Another Sebi case crumbles, Sharma let off

The Securities Appellate Tribunal (SAT) today tossed out Sebi?s order banishing Shankar Sharma?s First Global Stock Brok ... | Read..

Indian Airlines back in black

After three years of continuous losses, domestic carrier Indian Airlines (IA) today announced a turnaround profit figure ... | Read..

Putin clears ONGC entry in Yukos race

Russian President Vladmir Putin today told petroleum minister Mani Shankar Aiyar that he would welcome the participation ... | Read..

New penalty on Reliance Info

The Supreme Court today ordered Reliance Infocomm to pay up another Rs 89 crore to Bharat Sanchar Nigam Ltd (BSNL) as pe ... | Read..

Ruia
Essar buys 10% in BPL Mobile

Sensex

6322.76

-5.67

Stock Indices

BSE-100	3401.93	(-4.94)
S&P CNX Nifty	1996.02	(-2.08)

Andhra to build software resource pool
The Andhra Pradesh government has decided to create a huge pool of human resources to develop and m.. | Read..

Bangla infotech banks on Brand India
The $150-million Bangladesh information technology industry is looking at exploring the brand value.. | Read..

HCL Tech plans Calcutta centre

HCL Technologies will set up a software development centre in the city... | Read..

Govt cautious on forex use for core projects

The government today trod a cautious path on President APJ Abdul Kalam?s recommendation to use .. | Read..

Steel stocks lose edge on watchdog fears

Steel share prices today fell as a result of Union steel minister Ram Vilas Paswan?s threat to .. | Read..

Big fight on telecom turf

Union communications minister Dayanidhi Maran and Telecom Regulatory Authority of India chairma.. | Read..

Assurance on patents bill

The government today said all views and concerns will be taken into consideration before finali.. | Read..

Spectrum buzz grows louder

The private telecom sector today sought more spectrum, clarity on interconnect and lower taxes .. | Read..

Good appetite for home loans

The recent rate hike on home loans hasn?t dented demand and real estate builders aver that the .. | Read..

Asian Paints exits Mauritius

Asian Paints has divested its shares in Asian Paints (Mauritius) Limited (APML), its subsidiary.. | Read..

TVS, Spanish firm ink deal

The TVS group said today it had entered into a joint venture with Spanish group Transcoma that woul.. | Read..

CORPORATE BRIEFS

i-flex office in Moscow

Rate of inflation steady

Share Prices

Name	BSE	NSE
HLL	144.06 (+0.05)	144.65 (+0.02)
ITC	1280.05 (-6.03)	1280.07 (-4.65)
Infosys	2050.02 (-31.07)	2051.35 (-28.55)
Reliance	543.35 (+1.55)	543.07 (+1.07)
Wipro	749.55 (-5.45)	749.65 (-6.75)
Zee	150.04 (-7.01)	150.05 (-7.25)

Foreign Exchange

US $1 : Rs 44.14	UK £1 : Rs 84.91
Euro : Rs 58.61	Yen 100 : Rs 42.68

Bullion

Bombay
Gold Std (10gm)	Rs. 6595
Gold 22 Carat	Rs. 6555
Silver bar (1kg)	Rs. 12190
Silver Portion	NA