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Front Page > Business
Cherry-picking rooted out of share allotment
The Securities and Exchange Board of India (Sebi) today banned the practice of discretionary share allotments in public issues to qualified institutional bidders (QIBs) even as it ordered them to stump up 10 per cent of the amount they bid upfront. ...  | Read.. 
 
Will warrior turns prince of the pulpit
Taking a leaf out of the CPM’s election management module, Rajendra Singh Lodha took charge of the proceedings at the a ...  | Read.. 
 
Another committee to weigh oil firm merger
Union petroleum minister Mani Shankar Aiyar today announced the constitution of another advisory committee to develop an ...  | Read.. 
 
Downstream units to ride the high tide
Public sector oil companies have drawn up ambitious plans to invest a staggering Rs 63,348 crore in the downstream refinin ...  | Read.. 
 
Eveready clears $40-m GDR issue
The board of Eveready Industries India Limited, the flagship company of the BM Khaitan group, today approved a GDR issue of ...  | Read.. 
 
Cherry-picking rooted out of share allotment
Sensex
7680.22
+19.8
 
Stock Indices
BSE-1004118.76(+22.69)
S&P CNX Nifty2357.05(+2.05)
 
 
Enfield revs up for fuel-saving bikes
Royal Enfield, the makers of the Bullet motorcycles, is developing a ?completely new engine platfor..  | Read.. 		 Address angst in cyberspace
The telecom regulator is stepping in to deal with a cyberspace address crunch...  | Read.. 
 
Bhel mulls tie-up with Alstom
Bharat Heavy Electricals Ltd (Bhel) may go in for a technological collaboration with Alstom to set ..  | Read.. 
 
Centre to clear air on fringe tax soon
The Union government will shortly issue a circular clarifying the various provisions and areas ..  | Read.. 
 
Corp Bank to settle accounts of MCX
Mangalore-based Corporation Bank today launched the clearing bank facility for the Multi-Commod..  | Read.. 
 
Graphite to shop for funds abroad
K.K. Bangur-controlled Graphite India Ltd will raise up to $50 million by way of global deposit..  | Read.. 
 
Preference share route closed for insurers
The Insurance Regulatory and Development Authority (IRDA) today barred insurers, reinsurers and..  | Read.. 
 
India Inc hails Singh’s views
India Inc today welcomed Prime Minister Manmohan Singh’s views on the privatisation of non..  | Read.. 
 
Atul Sobti quits Hero Honda
After a stint of seven-and-a-half years with India’s largest bike maker Hero Honda Motors Ltd,..  | Read.. 
 
STOCK MARKET
Mutual Funds
CORPORATE BRIEFS
Essar Oil to raise $300 m
Calcutta calls
NHPC payout
Bannari issue
Epson launch
CG noodles
 
Inflation rate at a new low
Crude price
Drugs panel
Vijaya Bank
IVRCL issue
 
Share Prices
NameBSENSE
HLL163.03
(+0.95)		163.03
(+1.65)
ITC1716.25
(+12.55)		1716.06
(+8.03)
Infosys2270.05
(-1.03)		2269.03
(-2.05)
Reliance698.55
(+2.01)		698.75
(+2.04)
Wipro359.05
(-5.03)		359.55
(-7.09)
Zee170.09
(-0.85)		171.02
(-0.85)
Foreign Exchange
US $1 : Rs 43.07UK £1 : Rs 78.09
Euro : Rs 53.81Yen 100 : Rs 39.85
HK $1 : Rs 5.06SW Fr1 : Rs 34.25
Sing $1 : Rs 25.55Aus $1 : Rs 32.07
Bullion
Bombay
Gold Std (10gm)Rs. 6305
Gold 22 CaratRs. 6275
Silver bar (1kg)Rs. 10590
Silver PortionNA
Calcutta
Gold Std (10gm)Rs. 6370
Gold 22 CaratRs. 6015
Silver bar (1kg)Rs. 10300
Silver PortionRs. 10400
 
 
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