NATIONAL 'Rs one lakh car from Tatas will be a success story' The Rs one lakh car project of the Tatas is on design mode and would definitely hit the roads, said a top company executive, who envisioned that it's going to be a success story like Indica.
Funds from TCS IPO may go for Telecom, Biotech The size of the initial public offering of Tata Consultancy Services is expected to be in the region of Rs 5000-6,000 crore and hit the markets after the Union Budget, even as Tatas said it planned to invest Rs 20,000 crore in telecom business in the next three-four years and intends to enter the biotechnology segment.
BSE: Share prices fail to maintain initial gains After getting a pause for a day and exhibiting an early rally, share prices turned weak and declined with the Sensex falling by 26.05 points to close at 4788.80 on the Bombay Stock Exchange (BSE) today (June 16, 2004) on fresh selling by operators in the absence of any worthwhile buying support from institutional investors.
US concerned with trade imbalance against India Concerned over sustained trade imbalance against India, the US today (Jun 16, 2004) urged for removal of "obstacles" and protectionist measures affecting American exports to the country.
TUV Rheinland launches exclusive service portfolio TUV Rheinland (India), a professional services firm specialising in process and product quality assurance, on Tuesday (Jun 15, 2004) said that it has launched an exclusive service portfolio-Management Advisory Services for IT and IT-enabled service industry.
Jataayu to spread wings, sets up office in Korea Jataayu Software, a leader in the mobile technology space, on Tuesday (Jun 15, 2004) announced setting up of a country office in Korea to expand reach in the Asia-Pacific markets.
