INTERNATIONAL Lloyds moots shifting backroom jobs to India Up to 8,000 jobs could be at risk as Lloyds TSB, one of the UK's biggest High Street banks,plans to follow other companies by moving some backroom operations to India, reports say.
WorldCom prepares to face Federal regulators’ wrath Washington: US telecom giant WorldCom, which has shaken markets by admitting $ 3.8 billion accounting "irregularities", is on July 1 to present its mea culpa to Federal regulators, who promised no mercy if the company is less than forthcoming.
NATIONAL EU’s new rice regime to benefit us, hurt India New Delhi:European Union's (EU) proposed new rice regime, under which tariff rate quotas for various countries will be fixed, is expected to benefit the US at India's cost affecting its exports of 'basmati' (a variety of Indian rice), which have shown an up trend in the last few years.
SENSEX opens on positive note on July 1 Mumbai: Cement stocks shined, extending last weekend's gains at opening session on the Bombay Stock Exchange (BSE) on July 1 on investment buying by retail investors as well as foreign funds.
