The Hindu : Business News : Friday, June 11, 2004

Online edition of India's National Newspaper
Friday, June 11, 2004

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TCS issue size may be over Rs. 5,000 cr.
MUMBAI, JUNE 10.The Tatas today filed a draft document with the Securities and Exchange Board of India (SEBI) for the Initial Public Offering (IPO) to be made by Tata Consultancy Services (TCS), one of the most closely held companies in the ...

World Bank prescription for services sector
NEW DELHI, JUNE 10.With the Indian services industry expected to continue its growth spiral, the World Bank has suggested that India should utilise the `remarkable opportunity' of the current round of World Trade Organisation (WTO) negotiations ...

IMF warns against India's high fiscal deficit
WASHINGTON, JUNE 10.Warning that India's high fiscal deficit was `not sustainable,' the International Monetary Fund has said that a more efficient revenue collection and tax administration, a wider tax base and reduction in subsidies would help ...

Young MPs to strive for creating new corporate India
NEW DELHI, JUNE 10.Young Members of Parliament (MPs) today vowed to raise their collective voice to fight corruption, bridge the widening gap between urban and rural economies and support the cause of industry and business to create a new ...

Other Stories

Surge in oil prices drive down rupee

Profit taking snaps four session gaining streak

BPO sector far from being comfortable

RBI turns down HSBC plan to pick up stake in UTI Bank

Barometer

Bullion rates

Exchange rates

Briefly
Govt. approves IBP-IOC merger
NEW DELHI, JUNE 10. The Government has approved the merger of petro retailer IBP Co. Ltd. with the country's largest refiner Indian Oil Corporation. "A letter approving the merger has been sent by the Union Ministry of Petroleum and Natural ...

HP notebook
NEW DELHI, JUNE 10. Hewlett-Packard India Pvt. Ltd. today announced its entry into the sub-40K notebook market with the launch of Compaq Presario P2514 notebook. Packed with the latest in technology and priced at Rs.39,990, the product is ...

TFCI plans JVs
NEW DELHI, JUNE 10. Enthused by the booming tourism industry, Tourism Finance Corporation of India (TFCI) is planning to rope in international investors to promote tourism related projects in the country even as it mulls approaching the Centre ...

United India teams up with Andhra Bank
CHENNAI: United India Insurance Company Ltd. has teamed up with Andhra Bank to provide mediclaim insurance policy for deposit-holders of the bank. Christined Arogyadaan, the mediclaim policy will provide compensation benefits for account-holders ...

Pinnacle Info becomes Accurum
NEW DELHI: The U.S.-based capital market technology provider Pinnacle Info Solutions announced its new corporate identity on Thursday with a name change to `Accurum' and said it would expand its India operations by increasing the headcount to ...

Ranbaxy gets final FDA nod for Ciprofloxacin
NEW DELHI: Ranbaxy Laboratories on Thursday said that it had received the final approval from the U.S. Food and Drug Administration (USFDA) to manufacture and market antibiotic Ciprofloxacin. Ciprofloxacin is indicated for the treatment of lower ...

TVS Electronics launches StartUPS Classic Plus
CHENNAI: TVS Electronics has launched a new range of uninterruptible power supply system, the StartUPS Classic Plus. This power system uses line interactive technology to guarantee effective protection for multimedia enabled desktop PCs and ...

Maples ESM pact with KIIT
CHENNAI: Maples ESM Technologies, a provider of enterprise systems management services, has signed an agreement with Kalinga Institute of Industrial Technology (KIIT), Bhubaneshwar, to design, implement and manage the IT infrastructure of the ...

Other Stories

Idea completes acquisition of EMCL

Windshield's three more retail outlets

GrapeCity opens centre in Noida

BHEL wins GACL order

Federal Bank revises NRI deposit rates

Akiko CallNet plans training centres

Corporation Bank's management consultant

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