The Telegraph - Calcutta : Business

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| Wednesday, January 03, 2007 |

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Fringe tax tweak under study

The finance ministry is considering ways to relax the manner in which the much reviled fringe benefit tax (FBT) is calculated. ... | Read..

Sensex starts new year with a bang

The capital market began 2007 on a promising note despite apprehensions about stretched valuations and a rising interest rat ... | Read..

Allcargo buys Thomas Cook arm

Allcargo Global Logistics is acquiring Hindustan Cargo (HCL), a wholly owned subsidiary of Thomas Cook (India) Ltd, at an es ... | Read..

Banks queue up for funds

Banks’ appetite for funds continue in the new year as well. UTI Bank will raise Rs 100 crore through a debenture issue. ... | Read..

Power outfits give gas a short shrift

The power sector prefers coal to gas as feedstock for plants at a time when private companies such as Reliance are steaming ... | Read..

Sensex starts new year with a bang

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Jet to buy Dreamliner aircraft

Jet Airways today said it would buy 10 Boeing 787-8 series aircraft to expand its international ope.. | Read..

Trai in two minds over roaming tariff

Faced with opposition from operators, telecom regulator Trai today appeared hesitant in revising th.. | Read..

Stalwarts come calling

Global telecom firms Cisco, Alcatel and Flextronics are flocking to India for a piece of the $25-.. | Read..

Airline merger plan to be finalised soon

The group of ministers (GoM) headed by external affairs minister Pranab Mukherjee is likely to meet.. | Read..

Big rush to cash in on stock option

The buoyant stock markets have provided shareholder-directors of India Inc with an opportunity to b.. | Read..

Room for more Corus suitors

While the fight between Tata Steel and CSN over Anglo-Dutch steel maker Corus continues, experts fe.. | Read..

Hutch Essar war may take new turn

The high-profile bidding war for control of Hutch Essar could intensify with reports in the Britis.. | Read..

Bank duo hikes PLR

Bank of India (BoI) and Bank of Baroda (BoB) today hiked their benchmark lending rates by 50 basis .. | Read..

Assam gas cracker project on track

The Centre’s Assam gas cracker project has been named Brahmaputra Cracker and Polymers and is .. | Read..

Teradata upbeat on growth trend

Teradata Corporation, the $1.5-billion big daddy of global data warehousing, is banking on business.. | Read..

AROUND THE GLOBE

Hyundai bets on high-end models

Top South Korean auto maker Hyundai Motor said on Tuesday it expected global revenue growth to mor.. | Read..

Euro firm, oil below $61

The euro started the year on a firm note on Tuesday, hitting a record high against the yen, but fin.. | Read..

Russia gas deal saves Europe

Russia and Belarus announced a last-minute deal on gas prices on Monday, moments before Moscow was .. | Read..

Wireless push to AT&T growth

AT&T plans to push new wireless services and make advertising a key revenue stream following it.. | Read..

STOCK MARKET

Bullion

Bombay
Gold Std (10gm)	Rs. 9260
Gold 22 Carat	Rs. 9210
Silver bar (1kg)	Rs. 19585
Silver Portion	NA
Calcutta
Gold Std (10gm)	Rs. 9340
Gold 22 Carat	Rs. 8820
Silver bar (1kg)	Rs. 19325
Silver Portion	Rs. 19425