The Telegraph - Calcutta : Business

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| Thursday, July 28, 2005 |

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Reliance surprises with profit leap

Reliance Industries has posted a 61 per cent jump in first-quarter net profit at Rs 2,310 crore compared with Rs 1,437 crore in the corresponding previous quarter. Gross turnover rose 26 per cent to Rs 19,884 crore, while net turnover was Rs 17, ... | Read..

Tata Steel net rises 24% to Rs 924 cr

Amid indications of a softening in steel prices in the near term, Tata Steel today announced a 24 per cent rise in first-qua ... | Read..

Magic Air poses stake riddle

The civil aviation ministry will go to the cabinet to seek clarifications on whether persons of Indian origin can hold a maj ... | Read..

Deluge not a damper for market

Markets shrugged off the Mumbai deluge to race past another milestone and give the city stilled by a downpour drubbing somet ... | Read..

Rossell flaps wings of desire

Rossell Tea Limited (RTL) may enter into the hotel and aviation businesses. It has sought shareholders’ approval to ame ... | Read..

POWER-PACKED: LG Electronics and SBI Card have teamed up to offer LG-SBI card, a co-branded credit card. On buying LG products worth Rs 2000, a consum ... | Read

Sensex

7605.03

+52.26

Stock Indices

BSE-100	4069.16	(+24.46)
S&P CNX Nifty	2319.01	(+15.95)

EIH appetite for management contracts
EIH Limited will concentrate on management contracts and is no longer keen on equity participat.. | Read..

Nath allays investors? fears over ?freak? Honda row
India today said labour unrest in Gurgaon, involving a Japanese multinational, was an ?isolated? an.. | Read..

Gurgaon plant to cost Berger Rs 15 crore

Berger Paints India Limited will set up a coatings plant for plastic auto parts in technologica.. | Read..

Usha Martin charts Rs 462-cr expansion

Usha Martin has chalked out a Rs 462-crore expansion plan to step up speciality steel-making ca.. | Read..

Essar Steel quarterly profit soars

Essar Steel has reported a 300 per cent growth in net profit at Rs 207.71 crore for the quarter end.. | Read..

Eastern Silk to double Bangalore capacity

City-based Eastern Silk has proposed to double its silk fabric manufacturing capacity from 6 la.. | Read..

Shalimar Paints to set up unit in south

Shalimar Paints will set up a new manufacturing unit in south India... | Read..

AROUND THE GLOBE

France Tele buys Amena

France Telecom clinched its first foreign acquisition in four years on Wednesday, paying 6.4 billio.. | Read..

Canon profit zooms again

Canon Inc said on Wednesday its net profit has risen for a 12th straight quarter on strong sales of.. | Read..

Uphill drive for Renault

French carmaker Renault reported a drop in its operating margin for the first half but kept its ful.. | Read..

Airbus parent on right course

European aerospace and defence group EADS’s new co-chiefs pledged to deliver on 2005 growth ta.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

BoR net takes a plunge

Share Prices

Name	BSE	NSE
HLL	164.25 (+0.45)	164.03 (+0.25)
ITC	1690.35 (-3.15)	1692.06 (-1.00)
Infosys	2231.02 (+4.25)	2230.06 (+4.02)
Reliance	698.04 (+7.35)	698.85 (+7.07)
Wipro	728.35 (+20.75)	727.85 (+19.25)
Zee	184.02 (-7.08)	183.09 (-8.01)

Foreign Exchange

HK $1 : Rs 5.55	SW Fr1 : Rs 32.95
Sing $1 : Rs 25.45	Aus $1 : Rs 32.04

Bullion

Calcutta
Gold Std (10gm)	Rs. 6125
Gold 22 Carat	Rs. 5785
Silver bar (1kg)	Rs. 10500
Silver Portion	Rs. 10600