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Sunday, August 08, 2004
TCS mobilises Rs. 5,420 crores
MUMBAI, AUG. 7.Tata Consultancy Services (TCS), Asia's largest information technology services company, today fixed the price of its initial public offering at Rs. 850 per share. At this price, the offering size is Rs. 5,420 crores, including the ...
Fears of global slowdown
LONDON. AUG. 7. The Global economy is `on a knife edge,' according to leading economists, as soaring oil prices, weak job figures in the United States and a potential housing crash on both sides of the Atlantic conspire to undermine business and ...
HAL bags biggest French contract
NEW DELHI, AUG. 7.The public sector Hindustan Aeronautics Limited has bagged its biggest-ever export contract from Airbus Industrie of France. The Rs. 380 crore contract bagged in a global competition envisages supply of 1,000 ship sets of ...
SBI cuts deposit rates
MUMBAI, AUG. 7. In a surprising move, State Bank of India reduced the short-term deposit rates by 25 basis points, with effect from August 9. Interest rates on short-term deposits of maturity between 15 - 45 days and 46 - 179 days have been ...
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