The Telegraph - Calcutta : Business

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| Saturday, September 23, 2006 |

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Jet gets access to escrow money

Bombay High Court today permitted Jet Airways to withdraw Rs 1,500 crore from the escrow account that was created in January for the acquisition of Air Sahara. ... | Read..

Air Deccan pays high price for low-cost trips

Deccan Aviation Ltd, the holding company that operates low-cost airline Air Deccan, has suffered a loss of Rs 340 crore on a ... | Read..

PNB slips into festive mood

The festive spirit has caught up with Punjab National Bank, which today announced a reduction of 25 basis points in floating ... | Read..

Stock split, payout on Pantaloon agenda

Pantaloon Retail, promoted by Kishore Biyani, may soon consider a stock split. In a notice to the Bombay Stock Exchange toda ... | Read..

Exports grow 41% to $10.3 bn

The export of goods from India continued to speed ahead at an impressive pace in August, growing at 41.14 per cent year-on-y ... | Read..

Call Connect: Tata Teleservices will invest Rs 4,000 crore to increase and strengthen its network in 20 existing and some proposed circles like the No ... | Read

Bengal realty dawns on Godrej reality
The Godrej group is planning a large-scale foray into real estate development in Bengal. .. | Read..

Titans in talks for city gas distribution
Indian Oil Corporation (IOC) is in talks with Reliance Industries Ltd (RIL) to form a joint venture.. | Read..

Oil duo fails to meet output targets

The Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) have failed to meet their respec.. | Read..

RBI note of caution on inflation

The Reserve Bank of India (RBI) is concerned about a high money supply growth, coupled with a doubl.. | Read..

Ruias plan steel business recast

The Ruias of Essar are restructuring their steel business. Since the last couple of months, the pro.. | Read..

Orissa funds for better roads

Orissa chief minister Naveen Patnaik today announced investments worth Rs 25,000 crore to improve t.. | Read..

Price cut too little for tyre dealers

Tyre dealers are up in arms against manufacturers despite a partial rollback in tyre prices. The ma.. | Read..

AROUND THE GLOBE

Sharp eyes stake in LG.Philips

High-level executives from Japan’s Sharp Corporation travelled to South Korea last week to vis.. | Read..

VW wage talks set to resume

Volkswagen and its German workers union are set to resume critical talks over planned wage cuts on .. | Read..

Nike beats quarterly forecast

Nike, the world’s No. 1 sport shoe and apparel maker, on Thursday posted quarterly earnings ab.. | Read..

STOCK MARKET

Mutual Funds

CORPORATE BRIEFS

Accel Frontline issue

Inflation drops to 4.61%

Foreign Exchange

US $1 : Rs 45.91	UK £1 : Rs 87.33
Euro : Rs 58.84	Yen 100 : Rs 39.49

Bullion

Bombay
Gold Std (10gm)	Rs. 8960
Gold 22 Carat	Rs. 8905
Silver bar (1kg)	Rs. 18200
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9010
Gold 22 Carat	NA
Silver bar (1kg)	Rs. 17850
Silver Portion	NA