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Headlines Now
INTERNATIONAL
Wipro moots opening another hub outside India
NNew York: Software giant Wipro is mulling opening another hub outside India and the places which are being considered for the purpose include Vietnam and Philippines

India leaps to 48th spot in WEF ranking, US is No 1
New York: Indian economy showed a substantial strengthening in its global position even as the United States became the most competitive economy in the world, a new World Economic Forum (WEF) report says.

Indian software industry has bright future: Premji
New York: India has a bright future in the field of computer software as it is a cost and technology-effective country, chairman of IT major Wipro, Azim Premji has said.

'Religious discrimination more in US than India'
New York: Indian IT major Wipro's chairman Azim Premji has complained of profiling every time he went to an airport in the US to catch a flight because of being a Muslim, but said that he does not find himself discriminated against due to his religion in India.

Savi Tech CEO among 40 Technology Pioneers
New York: Vikram Verma, co-founder and chief executive officer of Savi Technology, has been named as one of the 40 'Technology Pioneers for 2003' by the World Economic Forum.

Tata Infotech to develop US' 'e-Retirement' system
New York: India's Tata Infotech has emerged victorious in a highly competitive public bidding to develop and implement a web-based 'e-Retirement' system for teachers in an American state.

NATIONAL
AIBEA strongly opposes IDBI, UTI privatisation
New Delhi: Opposing the Cabinet decision to repeal IDBI (Industrial Development Bank of India) Act for converting the FI into a bank, country's leading bank employees union on November 13 met Opposition leader Sonia Gandhi and sought the party's support to block the bill when it is introduced in the winter session of Parliament.

SBI launches Maestro Debit Card, 'SBI CASH plus'
Bangalore: State Bank Of India on November 13 announced the launch of 'SBI CASH plus', its MAESTRO DEBIT CARD that allows customers to access their deposit accounts from ATMs and merchant establishments (POINT-OF-SALES).

Late profit booking trims early gains on BSE
Mumbai: Late profit booking by investors pared early gains and select heavyweight counters even ended with minor losses in extremely dull and scrip-specific activity on the Bombay Stock Exchange (BSE) on November 13.

Microsoft, Wipro can jointly challenge IBM: Gates
Bangalore: Microsoft with its technology and Wipro through its services could form a "powerful combination" to take on major competitors like IBM, Microsoft chief, Bill Gates said on November 13..

'India can become global hub for critical work'
Bangalore: Microsoft chief Bill Gates indicated on November 13 that India was on course to become a global hub for 'mission critical activity' in software as it was increasingly earning a reputation for its quality work and delivery on time.

Gates inks pact with K'taka for online portal project
Bangalore: Karnataka government and Microsoft on November 13 signed a memorandum of understanding (MoU) for "Bangalore One", a state-of-the art online portal project.

No differences in govt on divestment, says Advani
New Delhi: Making light of the controversy over disinvestment, Deputy Prime Minister L K Advani has said that views on the mode of privatisation cannot be called "differences" within government.

SENSEX fluctuates narrowly in early trading
Mumbai: The SENSEX opened firm and later fluctuated narrowly in line with moderate rally in select heavy-weighted counters at early stages on the Bombay Stock Exchange (BSE) on November 13 on fresh buying support.