INTERNATIONAL Report lauds Infosys' success in offshore services Fremont: The Burlington Northern and Santa Fe Railway Company (BNSF) and Infosys Technologies Ltd announced on November 20 that they have been selected by Aberdeen Group as one of the most compelling examples of successful offshore software service delivery, according to a press release.
NATIONAL Jet Airways announces 10 pc hike in airfare New Delhi: Jet Airways announced a ten per cent hike in fares under its "Everyone Can Fly Scheme" in all sectors from December 1 except Kolkata-Guwahati sector.
Chennai-based Altosys to market RT Linux in India Chennai: Altosys Software Technologies Ltd, based in Chennai, has entered into a tie-up with FSM labs Sorocco, USA to market the latter's operating software "Realtime Linux" (RT Linux).
RPG, ICICI tie-up to provide re-charging at ATMs Chennai: RPG (R P Goenka) Cellular Services Ltd, Chennai, and ICICI (Industrial Credit and Investment Corporation of India) bank have joined together to provide "Anytime recharge" facility for the customers of the RPG's "wings" brand of pre-paid cards.
Panchayat leader accuses Infosys of land grabbing New Delhi: Leading software company Infosys was on November 25 accused at the World Economic Summit in New Delhi by a panchayat leader from Karnataka of taking away wetlands of small farmers, but the company denied the charge and asked him to substantiate it or retract the allegation.
SIA parleys with AI to start new services in India New Delhi: Major international carrier Singapore Airlines (SIA) is in talks with the government and Air India to start operations to Bangalore and upgrade its passenger carrying capacity by using larger aircraft for other Indian destinations.
RIL, HPCL rally lifts SENSEX by another 34 pts Mumbai: Led by Reliance Industrial Limited (RIL) and HPCL (Hindustan Petroleum Corporation Limited), old-economy stocks rallied smartly extending SENSEX's winning streak to straight seventh session on the Bombay Stock Exchange (BSE) on November 25 on sustained bull support and buying from domestic mutual funds as well as Foreign Institutional Investors (FIIs).
High fiscal deficit may stunt India's growth: IMF New Delhi: International Monetary Fund (IMF) on November 25 warned that mounting fiscal deficit has heightened the "short-term risk" posing dangers to the Indian economy.
RIL leads strong rally to prop up SENSEX Mumbai: Led by Petrochem giant RIL, share values rallied further extending last weekend's gain on the Bombay Stock Exchange (BSE) on November 25 following sustained buying by foreign institutional investors (FIIs) and operators.
