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Wednesday, April 20, 2005
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    TCS revenues cross $2 b mark
    Marginal drop in fourth quarter profit; recommends final dividend of Rs. 5

    India-Pakistan trade: nine areas identified
    Bilateral trade to touch $10 b by 2010 The proposed council should explore the possibilities for setting up joint ventures

    Notification on export of services
    NEW DELHI: The Centre on Tuesday issued notifications prescribing the conditions, limitations and procedures of exporting services without the payment of service tax along with ways of availing rebate of service tax paid on input services and ...

    SEBI chief visits Nasdaq
    Regulators need to keep in touch and cooperate with one another

    Rupee rallies
    MUMBAI: The rupee on Tuesday rallied against the U.S. currency on strong bunched up dollar supplies. In generally quiet and range-bound trading at the interbank foreign exchange market, the rupee closed at 43.7625/7725 a dollar, steeply higher ...

    Early gains not held on BSE
    MUMBAI: The Sensex on Tuesday ended in the negative terrain for the third straight session with a fall of 22 points at 6134.86 on the Bombay Stock Exchange after heavy selling cut short an early sharp rally due to lower than expected earning ...

    Other Stories



    Barometer


    Briefly
    Syndicate Bank files prospectus
    BANGALORE: Syndicate Bank on Tuesday filed a draft red herring prospectus with the Securities and Exchange Board of India to enter the capital market with its second public issue. The bank proposes to issue 50 million equity shares of Rs. 10 ...

    `Broadcast News' formed
    MUMBAI: The former Managing Editor and anchor of New Delhi Television (NDTV), Rajdeep Sardesai, and its former Chief Financial Officer, Sameer Manchanda, have joined hands to launch a new venture, `Broadcast News,' in collaboration with the TV18 ...

    CommunicAsia 2005
    NEW DELHI: Indian telecom service providers and vendors will have an opportunity to present India as a potential market for investment in the CommunicAsia 2005, Asia's premier showcase for the telecommunication and IT industry. The four-day ...

    U.S. Mint to make new gold coin
    WASHINGTON: The U.S. Mint announced on Tuesday it will begin producing a new 24-carat gold bullion coin early next year, hoping to capitalise on growing international demand for purer gold coins. This will mark the first time the U.S. Mint has ...

    Tata Tiscon ad bags award
    KOLKATA: Tata Tiscon, the branded rebar from Tata Steel, won the gold for the `Atoot Jod' ad at the annual Advertising Club Calcutta awards held here. Other ads and corporates, which were awarded gold in their respective categories were Horlicks ...

    IOB audited results on April 27
    CHENNAI: The board of directors of Indian Overseas Bank will meet on April 27 to consider the audited results of the bank for the year ended March 31, 2005 and payment of dividend, according to a notification from the Bombay Stock ...

    GE Hotel: more time for ERS
    KOLKATA: Amid visible signs of cracks in the workers' show of united resistance, the West Bengal Government on Monday pushed back by a month, Monday's deadline for availing of the early retirement scheme at the Great Eastern Hotel (GEH). The ...

    Taiwan bank to implement i-flex suites
    MUMBAI: Taiwan-based Ta Chong Bank will implement i-flex solutions' banking software product suites, Flexcube and Reveleus. Flexcube would serve as Ta Chong Bank's single back-office processing engine for its retail, corporate and investor ...

    Greek bank opts for Finacle
    BANGALORE: Greek's Aspis Bank has signed up for Finacle, the universal banking solution from Infosys, to power its core banking and treasury operations across 66 branches. Finacle will enable the bank to create a differentiated customer ...

    GE Shipping to sell VLCC
    MUMBAI: Great Eastern Shipping Company has signed a contract to sell its Very Large Crude Carrier (VLCC) Vasant J Sheth and the vessel is scheduled to be delivered during the first quarter of this fiscal. The 1990 built, 261167 dwt VLCC was ...

    Indus Pharma gets Star Export House status
    CHENNAI: Indus Pharmaceuticals has been accorded Star Export House status by the Union Ministry of Commerce and Industry. Headed by K. Mani, the company is engaged in exports of pharmaceuticals and consumer products to Africa, Asia and Southeast ...

    eLitmus.com signs up with recruiters
    HYDERABAD: The freshman and junior recruitment solution provider, eLitmus.com, announced that it has been signed up by 53 prolific recruiters in the IT, BPO and life sciences industries. These include Dell Computers, GE, Caritor, eFunds, Ness ...

    Matrix Lab unit gets USFDA nod
    HYDERABAD: Matrix Laboratories has received U.S. FDA approval for its Active Pharmaceutical Ingredients (APIs) manufacturing facility located at Kazipally (unit II) near Hyderabad. The facility now manufactures anti-retrovirals for the treatment ...

    IBS' management development programme
    HYDERABAD: ICFAI Business School (IBS) is organising a two-day Management Development Programme (MDP) at Coromandel Fertilizers Limited (CFL) in Hyderabad from April 19. An ICFAI release issued here on Monday said that the programme was titled ...

    Greek bank opts for Finacle
    BANGALORE: Greek's Aspis Bank has signed up for Finacle, the universal banking solution from Infosys, to power its core banking and treasury operations across 66 branches. Finacle will enable the bank to create a differentiated customer ...

    KSFC net profit at Rs. 2.50 crores
    BANGALORE: Karnataka State Financial Corporation registered a provisional operating profit of Rs. 7.35 crores and a net profit of Rs. 2.49 crores for 2004-05 against a net profit of Rs. 87 lakhs during the previous fiscal. The corporation has ...

    Ernst & Young to assist Rajesh Exports
    BANGALORE: Rajesh Exports has engaged Ernst & Young to assist it in the business planning process for its retail operations. The company has finalised plans to set up its branded retail stores. The company Chairman, Rajesh Mehta, said that the .

    New National Channels Director for Hitachi Data
    BANGALORE: Hitachi Data Systems, a wholly owned subsidiary of Hitachi, has announced the appointment of Srikant Chakrapani as National Channels Director, India. Mr. Srikant will be responsible for development of channels business in India and ...



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