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Home -> Finance -> News

NATIONAL
Tata Consultancy revenues cross $ 2 billion mark
Tata Consultancy Services Ltd (TCS) has posted total revenues of Rs 9,727 crore ($ 2.4 billion) for the fiscal ended March 31, 2005, making it the first Indian IT firm to cross the $ 2 billion mark, an increase of 36.57 per cent from Rs 7,122.7 crore recorded during the same period a year ago.

Sensex surrenders early gains ends 22 pts down
The Sensex today (Apr 19, 2005) ended in negative terrain for the third straight session with a fall of 22 points at 6134.86 on the Bombay Stock Exchange (BSE) after heavy selling cut short an early sharp rally due to lower than expected earning results by TCS.

BPO sector favours entrance test for aspirants
Welcoming Nasscom's plan to hold a common all India pre-qualifying test for job aspirants in the booming business process outsourcing industry, industry officials today (Apr 19, 2005) said the test would add credibility to the workers' skills, besides reducing time and cost of hiring for recruiters.

Inflation moderate, but Government not complacent
The Government today (Apr 19, 2005) said that containment of inflation remains high on its agenda although the rate of inflation has remained consistently moderate in the last few years in the country.

B'lore airport to take off in May; 1st flight by 08
The construction work of the much-delayed Greenfield Bangalore International Airport will begin next month and the project's chief executive officer hopes the first flight would take off by February 2008.

Sensex bounced back with a vengeance; up by 89 pts
The Sensex bounced back with vengeance as it shot up by 89 points at the opening session on the Bombay Stock Exchange (BSE) today (Apr 19, 2005) on emergence of heavy buying activity at the prevailing low level.