NATIONAL TCS IPO to open with Rs 775-Rs 900 price band Tata Consultancy Services' initial public offer (IPO) will open on July 29 with a price band of Rs 775 to Rs 900 per share of a face value of Re 1, informed sources said.
BSE: Sensex extends its winning streak; up 24 pts Late profit-booking pared initial gains in blue-chip counters even as the Sensex today (July 19, 2004) notched up a gain of 24 points extending its winning streak to third consecutive session at the Bombay Stock Exchange (BSE).
Transaction Tax to stay albeit with changed 'numbers' Government today (Jul 19, 2004) said that it would "revisit" the numbers on 0.15 per cent transaction tax on all securities proposed in the Union Budget but ruled out total withdrawal of the measure saying it is "neat and eliminates tax avoidance".
'Indian BPO volumes will touch $ 3.6 bn in 2004' Allaying any apprehension on US moves to curb Business Process Outsourcing (BPO) to India, Government today (Jul 19, 2004) told the Rajya Sabha that it would have a limited effect and BPO volumes to India were slated to touch $ 3.6 billion in value terms during 2004.
INTERNATIONAL China not far behind India in software: Expert China is only 3-5 years behind India in software development, steadily closing the gap on the strength of better technology and learning from its competitor's mistakes, says a California-based IT industry expert.
