The Telegraph - Calcutta : Business

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| Tuesday, August 15, 2006 |

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Hutch-Essar wrangle gets shriller

The battle between the Ruias and the Hong Kong-based Hutchison Whampoa group appeared to escalate today after Hutchison Essar Ltd (HEL) claimed that it has received regulatory approval for the merger of BPL Mobile Communications with itself. ... | Read..

Sebi slaps penalty on Citigroup

The Securities and Exchange Board of India today slapped a penalty of Rs 1 crore on Citigroup for violating FII regulations. ... | Read..

Tata Steel to launch ore hunt in Africa

Tata Steel is scouting for mining opportunities in manganese in South Africa, which has about 80 per cent of the world’ ... | Read..

ONGC in Colombia

ONGC-Videsh is set for a Latin American sojourn with the acceptance of its bid to pick up a 25 per cent stake in an oilfield ... | Read..

SpiceJet inks $1.1bn Boeing deal

SpiceJet has entered into a sale and lease-back agreement for 16 Boeing aircraft at over $1.1 billion. The low-cost air carr ... | Read..

Call jam
Hutch-Essar wrangle gets shriller

Tatas sound Cairn on oil alliance
Tata Petrodyne is likely to form a consortium with Cairn Energy to bid for oil and gas exploration .. | Read..

Oracle stake in i-flex up via US buyout
i-flex solutions has acquired Mantas, a US-based anti-money laundering firm, for $122.6 million. .. | Read..

DHL gears up to delist Blue Dart

DHL Express (Singapore) Pte Ltd is planning to acquire the outstanding shares of Blue Dart and deli.. | Read..

Varun Ship ready for cash voyage

Varun Shipping Company is planning to shop for funds. The company will seek shareholders’ perm.. | Read..

Exim Bank helpline for small entities

The Export-Import Bank of India and the Geneva-based International Trade Centre, promoted by the UN.. | Read..

Mazda revs up for luxury bus rollout

Swaraj Mazda is all set to enter the luxury bus segment next year... | Read..

Aircel gets through Delhi connection

Competition in the cellular market, including the national capital, could soon be hotting up with t.. | Read..

JSW Steel coal deal in six months

Sajjan Jindal-promoted JSW Steel, which is looking for coal mines overseas, today said it will take.. | Read..

AROUND THE GLOBE

Net banking takes backseat, branches back in favour

The face of banking will undergo cosmetic surgery in the next year as HSBC rolls out ‘megastor.. | Read..

Dell founder has full faith in CEO

Dell Inc. founder Michael Dell said he had no plans to replace chief executive Kevin Rollins despit.. | Read..

HSBC to hire more in China

The country’s largest bank, HSBC Holdings, said on Monday that it planned to hire about 2,000 .. | Read..

Michael Page profit up 30%

Recruitment firm Michael Page International reported a 30 per cent rise in first-half gross profit.. | Read..

STOCK MARKET

Foreign Exchange

US $1 : Rs 46.63	UK £1 : Rs 87.97
Euro : Rs 59.32	Yen 100 : Rs 40.00
SW Fr1 : Rs 36.95	Aus $1 : Rs 35.02

Bullion

Bombay
Gold Std (10gm)	Rs. 9535
Gold 22 Carat	Rs. 9485
Silver bar (1kg)	Rs. 18620
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9665
Gold 22 Carat	Rs. 9125
Silver bar (1kg)	Rs. 18000
Silver Portion	Rs. 18100