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Front Page > Business
Bonds buoy IOC bottomline
Indian Oil Corporation expects to maintain last year’s profit level of Rs 4,800 crore in the current fiscal as oil bonds worth Rs 6,300 crore are set to flow into its kitty this month, chairman S. Behuria said today. ...  | Read.. 
 
Birla letter rubbishes Tata claim
The AV Birla group today shot off yet another letter to the government stating that the shareholding structure of Idea Cellu ...  | Read.. 
 
Mukesh pitted against Mukesh
You have had your fill of Anil Ambani versus Mukesh Ambani sparring bouts. How about a new fight card that reads: Mukesh Amb ...  | Read.. 
 
Tata Steel goes abroad for funds
Tata Steel will raise $500 million or close to Rs 2,250 crore through the external commercial borrowing (ECB) route to f ...  | Read.. 
 
SAIL to pump Rs 319 cr into IISCO
The Steel Authority of India Ltd today cleared an investment of Rs 319 crore in a coke oven battery at IISCO’s Burnpur ...  | Read.. 
 
Let?s go on a drive: South Korean models pose with the new C230V Mercedes-Benz during its unveiling ceremony in Seoul on Tuesday. The C230V is equippe ...  | Read
 
 
Destination Vietnam for local steel firms
Vietnam could become the next hub for ?split integration? for Indian steel companies. Domestic ..  | Read.. 		 Aveo to be top bet in GM gamble
General Motors India is hoping to create a buzz around its marque with the Aveo ? a mid-size sedan ..  | Read.. 
 
Blaupunkt blueprint to lure car owners
Blaupunkt, maker of car music systems, is planning to launch 30 branded stores across the coun..  | Read.. 
 
Govt seeks grants for extra spending
The government today presented supplementary demands for grants in Parliament for additional ex..  | Read.. 
 
Word of advice for Orissa
Orissa needs to strike the right balance between private and social interests to make growth eq..  | Read.. 
 
AROUND THE GLOBE
AT&T rivals poised to counter merger
AT&T’s plan to acquire BellSouth fuelled speculation Monday that the combined companie..  | Read.. 
 
Lloyd’s picks new chief
Lloyd’s of London on Tuesday named Richard Ward, former head of the International Petroleum Ex..  | Read.. 
 
Japan bank eyes GMAC pie
Japan’s Norinchukin Bank, a central bank for agricultural co-operatives, is considering joinin..  | Read.. 
 
Cisco in $51-m deal
Communications equipment maker Cisco Systems Inc on Tuesday said it will buy privately held video s..  | Read.. 
 
Sprint sticks to forecast
Sprint Nextel on Tuesday affirmed its 2006 revenue and earnings outlook and said its revenue growth..  | Read.. 
 
Arcelor refuses to lose sleep
Arcelor chief Guy Dolle said a hostile takeover bid by global giant Mittal Steel is doomed to failu..  | Read.. 
 
STOCK MARKET
Mutual Funds
CORPORATE BRIEFS
Thermax stock split
Abbott net
Rediff
Bajaj growth
Calsoft
Satyam
 
Farm subsidy on track
GoAir fleet
Birla case
Bharti venture
Sebi panel
 
Foreign Exchange
US $1 : Rs 44.36UK £1 : Rs 77.03
Euro : Rs 52.84Yen 100 : Rs 37.65
HK $1 : Rs 5.65SW Fr1 : Rs 33.05
Sing $1 : Rs 26.08Aus $1 : Rs 32.02
Bullion
Bombay
Gold Std (10gm)Rs. 8075
Gold 22 CaratRs. 8035
Silver bar (1kg)Rs. 14250
Silver PortionNA
Calcutta
Gold Std (10gm)Rs. 8145
Gold 22 CaratRs. 7690
Silver bar (1kg)Rs. 14150
Silver PortionRs. 14250
 
 
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