INTERNATIONAL WorldCom, Andersen shift blame on financial fiasco Washington: As a Congressional hearing tried to get to the bottom of the WorldCom debacle, company officials and its auditor blamed each other on July 8, for the firm's massive accounting glitch and two former top executives refused to answer questions.
NATIONAL Port@l Net Services to set up 3 Call Centres Bangalore: Port@l Net Services (PNS), part of the UK-based Port@l Group, on July 9 announced its plans to set up three Contact Centres in India over the next 12 months, investing $ 7.5 million.
NMTS – 2002 in Bangalore from August 22 to 26 Bangalore: The second National Manufacturing Technology Show, an exhibition featuring new trends in machine tools and manufacturing solutions by Indian manufacturers, would be held from August 22 to 26.
Concerto launches latest version of desktop solution Bangalore: Concerto Software on July 9 released the latest version of its browser-based desktop automation solution, LYRICall(TM), according to an official press release.
M’shtra PSC scam, officials seize cash, property Mumbai: The Anti-Corruption Bureau (ACB), probing the Maharashtra Public Service Commission (MPSC) scam, has seized fixed deposit receipts worth Rs 24 lakh and Rs 9 lakh in cash from a locker belonging to S D Sarode, controller of MPSC examination, in Nasik.
Minister moots new Laws to strengthen EPF cover New Delhi: The government said on July 9 that it would put in place a new arrangement for taking care of pensioners, reform and update existing legislations to address emerging labour market developments and strengthen Employees Provident Fund (EPF) organisation to cover more workforce.
Lineo ties up with Park for India training centres Bangalore: Lineo, a leading innovator of embedded operating systems (EOS) software and host development environments, announced on July 9 its training initiatives in India by launching certified training centres across the country in partnership with Park Controls & Communications Ltd.
Jubilant Organosys' Nira plant gets ISO 14001 Bangalore: Jubilant Organosys Limited (formerly Vam Organic Chemicals Limited), announced on July 8 that its manufacturing plant located at Nira, near Pune, has been awarded ISO 14001 certification for manufacture and supply of a complete range of products produced at the plant. After Jubilant's plant at Gajraula, the Nira plant is the only other ‘distillery’ granted ISO 14001 certification in India so far.
Kinetic BOSS rated 'value for money' bike in test Bangalore: Kinetic BOSS has been rated as the best "value for money" motorcycle in India in a 1200 km detailed road test. Kinetic's 100 CC four-stroke bike was among the six bikes selected for the road test, according to an official press release.
Minister Verma rules out lowering of interest on EPF New Delhi: Rejecting Finance Ministry's recommendations, Labour Minister Sahib Singh Verma on July 9 said the rate of interest on Employees' Provident Fund (EPF) would not be lowered from the present 9.5 per cent to nine per cent.
