The Telegraph - Calcutta : Business

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| Tuesday, May 31, 2005 |

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Terms set for services deal

India is ready to better its proposal on opening up services at the WTO talks provided other countries have something good to offer too. ... | Read..

Price freeze chills IOC net

Indian Oil’s net profit has dropped 30 per cent to Rs 4,891 crore in 2004-05 from Rs 7,005 crore in the previous fiscal ... | Read..

Huge penalty shadow on Tata Tele

Tata Teleservices may have to pay Rs 350 crore as penalty to Bharat Sanchar Nigam for connecting calls to Walky, its limited ... | Read..

GE ready to help switch on Dabhol

General Electric (GE) today indicated it will work with NTPC and Bhel to find ways to “restart and complete” the s ... | Read..

Mahindra net races 47% to Rs 513 cr

Mahindra & Mahindra Ltd (M&M) has reported a net profit of Rs 512.7 crore for 2004-05, up 47 per cent from Rs 34 ... | Read..

Kamal Nath said India is ready to better its proposal on opening up services at the WTO talks provided other countries have something good to offer to ... | Read

Sensex

6663.55

-44.17

Stock Indices

BSE-100	3570.85	(-23.32)
S&P CNX Nifty	2072.04	(-4.00)

Ispat eyes south for sponge iron sales
Ispat Industries will enter the sponge-iron market from June by taking advantage of falling scr.. | Read..

Suri mulls hotel stake sale
Hotelier Lalit Suri plans to offload a 10-15 per cent stake in his five-star deluxe hotel chain ? B.. | Read..

Amforge unit to be merged

Mahindra & Mahindra will invest up to Rs 140 crore in Mahindra Automotive Steel Pvt Ltd to .. | Read..

Iffco lines up $1-bn investment in new units

Indian Farmers and Fertiliser Cooperative Ltd (Iffco) will invest $1 billion, or about Rs 4,300.. | Read..

Provogue sets band

Provogue (India) Ltd has fixed a price band of Rs 130-150 per share for its initial public offe.. | Read..

ThinkPad centres spread far & wide

Lenovo India and IBM today announced plans of setting up service and support centres at non-met.. | Read..

Tata Power profits steady

Tata Power Co has announced a marginal increase in net profit at Rs 551.36 crore for 2004-05 co.. | Read..

Mitsubishi to widen alliance with HM

Mitsubishi Motors Corp, Japan’s only unprofitable automaker, said it would expand its alliance.. | Read..

AROUND THE GLOBE

Subsidy spat heats up aviation skirmish

The United States accused the European Union on Monday of “spinning to the press” on a pr.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

SA Petro profit jumps

Dabur to allot shares

Share Prices

Name	BSE	NSE
HLL	144.05 (+6.04)	144.45 (+6.25)
ITC	1557.07 (-12.65)	1557.45 (-13.25)
Infosys	2227.65 (-4.01)	2228.00 (-4.35)
Reliance	526.65 (-4.03)	526.08 (-4.45)
Wipro	706.05 (-17.95)	707.45 (-16.07)
Zee	139.00 (+0.85)	138.85 (+0.65)

Foreign Exchange

US $1 : Rs 43.06	UK £1 : Rs 79.38
Euro : Rs 54.39	Yen 100 : Rs 40.39
HK $1 : Rs 5.55	SW Fr1 : Rs 34.08
Sing $1 : Rs 25.07	Aus $1 : Rs 32.07

Bullion

Bombay
Gold Std (10gm)	Rs. 6015
Gold 22 Carat	Rs. 5980
Silver bar (1kg)	Rs. 10805
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 6095
Gold 22 Carat	Rs. 5755
Silver bar (1kg)	Rs. 10725
Silver Portion	Rs. 10825