The Telegraph - Calcutta : Business

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| Tuesday, August 29, 2006 |

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Mylan play on Matrix grid

Capping weeks of speculation in the media, Mylan Laboratories of the US today announced that it was all set to gain control over Hyderabad-based Matrix Laboratories by purchasing up to 71.5 per cent of its equity for more than $735 million. ... | Read..

Airline duel in Mumbai

The Supreme Court today ordered the transfer of all disputes arising from the collapse of the Air Sahara-Jet Airways merger ... | Read..

Softbank, SBI Caps to groom fledglings

Softbank Investment, the venture capital arm of Japan’s SBI Holdings Inc, has launched its first India-focused venture ... | Read..

Tech Mahindra on a roll

After a spell of bad listings, there seems to be some hope for companies planning maiden offers for the primary market. ... | Read..

Rs 1424-cr capex plan for Ultratech

Ultratech Cement has drawn up a Rs 1,424-crore capex plan for the next three years, said chairman Kumar Mangalam Birla at th ... | Read..

Mylan play on Matrix grid

It’s always veni, vidi, Vertu for Frank Nuovo
From a designer of a zero-gravity chair for astronauts as part of a NASA-funded student project to .. | Read..

Risk shield for India FDI
The Federation of Indian Chambers of Commerce and Industry (Ficci) has proposed a body to provide p.. | Read..

BoI board clears insurance venture

The board of directors of Bank of India (BoI) has approved the bank’s foray into the life insu.. | Read..

MCX helping hand for city bourse

At a time when the fate of the Calcutta Stock Exchange (CSE) is uncertain, commodity exchanges are .. | Read..

Air Sahara to buy 10 Boeing aircraft

Air Sahara today placed orders worth $700 million for 10 Boeing 737-800 aeroplanes with the US airc.. | Read..

Trade row with Pak simmers

India plans to take up with Pakistan the latter’s intransigence over the most favoured nation .. | Read..

Deep Ind to tap market

Gujarat-based Deep Industries is coming out with a public issue of 1.13 crore equity at a fixed pri.. | Read..

AROUND THE GLOBE

Google enters e-businessnew direction

Google Inc is making a concerted move beyond search and advertising into the business software mark.. | Read..

Permira to buy Unilever frozen food outfit

Anglo-Dutch consumer products group Unilever NV/Plc said on Monday it agreed to sell the bulk of it.. | Read..

Clicks on eBay deal

Google Inc will supply eBay Inc with Web search advertising outside the United States, and the two .. | Read..

Sinopec first-half net moves up 8.9%

China Petroleum & Chemical Corp, Asia’s largest refinery by capacity, said today its first.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Funding for Vishal Retail

Telecom PSU in turf war

Foreign Exchange

US $1 : Rs 46.51	UK £1 : Rs 88.14
Euro : Rs 59.56	Yen 100 : Rs 39.75
SW Fr1 : Rs 37.01	Aus $1 : Rs 34.08

Bullion

Bombay
Gold Std (10gm)	Rs. 9465
Gold 22 Carat	Rs. 9420
Silver bar (1kg)	Rs. 19285
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9580
Gold 22 Carat	Rs. 9045
Silver bar (1kg)	Rs. 18700
Silver Portion	Rs. 18800