The Telegraph - Calcutta : Business

| Wednesday, April 20, 2005 |

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Wobble muffles TCS roar

Sluggish fourth quarter weighs heavy on surge in revenues to $2 billion

A fourth-quarter wobble eclipsed Tata Consultancy Services? (TCS) leap to the super league of IT firms with $2 billion in sales and a quarter of that in profits. ... | Read..

Results trigger stock U-turn

A sharp recovery in the sensex today was halted in its tracks by investors worried about slowing sales growth at Tata Consul ... | Read..

Ministry in a spot over LPG quotas

The petroleum ministry is in a quandary as states are mounting pressure for higher allocations of kerosene and LPG. This ent ... | Read..

Airlines sign no-poaching agreement

Airlines operating out of the country today agreed to adopt a code that forces them to refuse jobs to pilots and engineers w ... | Read..

Syndicate ready with second public offer

Syndicate Bank will visit the capital market for a second time with its proposed issue of 5 crore equity shares of Rs 10 eac ... | Read..

(From left) TCS chief financial officer S. Mahalingam, CEO and managing director S. Ramadorai and N. Chandrasekaran, head of global operations, in Mumbai on Tuesday. (AFP)

Sensex

6134.86

-21.92

Stock Indices

BSE-100	3310.14	(-15.92)
S&P CNX Nifty	1909.04	(-18.04)

Call for back-office supercop
Business process outsourcing (BPO) companies and Nasscom have demanded a separate regulator to .. | Read..

Left shows iron fist to block ore exports
The Left is gearing up for another battle with the Centre over its decision to ?give away? 400 mill.. | Read..

Oriental rejig sword hangs on GTB staff

A large number of employees of the erstwhile Global Trust Bank (GTB) may lose their jobs if the.. | Read..

HCL Insys set to split stock

HCL Infosystems (HCL Insys) has clocked revenues of $1 billion in the first nine months of 200.. | Read..

Small is beautiful for Oracle revenues

Oracle plans to tap the small and medium enterprise (SME) market and has drawn up a strategy to.. | Read..

KPMG puts banks on alert

A survey by accounting firm KPMG shows that the country?s anti-money laundering regulations are.. | Read..

Daikin pumps in more equity

Japanese airconditioning major Daikin Industries is restructuring its 100 per cent Indian subsi.. | Read..

Sify loss down to $7 m

Sify Ltd, a leading Internet, network and e-commerce services provider, has pared down its net loss.. | Read..

Adlabs preferential route to raise funds

Adlabs Films will allot preferential shares to BSMA Ltd, an affiliate of Bear Stearns Companies.. | Read..

AROUND THE GLOBE

General Motors hurtles to big first-quarter loss

General Motors, facing its worst financial outlook in several years, reported a $1.1-billion fi.. | Read..

Flat sales take fizz out of Coca-Cola earnings

Coca-Cola Co on Tuesday reported an 11-per cent drop in quarterly net income, hurt by sluggish sale.. | Read..

Pernod, Fortune finalise Allied bid

France?s Pernod Ricard and Fortune Brands Inc of the United States are putting the finishing touche.. | Read..

Adobe to buy Macromedia

Adobe Systems Inc on Monday announced that it planned to buy Macromedia Inc in an all-stock dea.. | Read..

STOCK MARKET

Sebi blow to 12 firms

Share Prices

Name	BSE	NSE
HLL	127.55 (-2.00)	126.09 (-3.02)
ITC	1369.15 (-9.85)	1375.01 (-4.01)
Infosys	1914.01 (+2.15)	1912.06 (-1.35)
Reliance	514.01 (-4.02)	514.00 (-4.55)
Wipro	576.35 (-19.00)	576.95 (-17.08)
Zee	130.03 (+1.00)	130.45 (+0.08)

Foreign Exchange

US $1 : Rs 43.76	UK £1 : Rs 83.86
Euro : Rs 56.92	Yen 100 : Rs 40.08
HK $1 : Rs 5.05	SW Fr1 : Rs 36.03
Sing $1 : Rs 25.95	Aus $1 : Rs 33.01

Bullion

Bombay
Gold Std (10gm)	Rs. 6165
Gold 22 Carat	Rs. 6130
Silver bar (1kg)	Rs. 10725
Silver Portion	NA