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 SAT upholds SEBI advice on Grasim's L&T bid Mumbai: The Securities Appellate Tribunal (SAT) on November 28 upheld Securities Exchange Board of India's (SEBI) advice to Grasim Industries Ltd to stop the open offer for acquiring additional 20 per cent stake in Larsen & Toubro (L&T).
No attempts to bail out UTI: Jaswant Singh New Delhi: Government on November 28 assured the Lok Sabha that there was no attempt to bail out Unit Trust of India (UTI) as Opposition members pilloried it for ''mismanagement'', saying the small investors were the worst hit.
India, China to hog limelight in UN FDI report New Delhi: India and China are likely to figure distinctly in United Nations Conference on Trade and Development (UNCTAD)'s next World Investment Report mainly due to their outstanding performance in wooing foreign investments at a time when global FDI (Foreign Direct Investment) flows are expected to dip by 27 per cent to $ 534 billion in 2002.
HPCL ties up with Kinetic for co-branding engine oil Hindustan Petroleum Corporation Limited (HPCL) announced the launch of co-branded two-wheeler petrol engine oil "HP KINETIC Genuine Racer" in association with the two-wheeler manufacturer Kinetic Engineering Limited (KEL).
SENSEX opens strong on Wall Street upsurge Mumbai: Bolstered by a strong upsurge on the Wall Street night, the benchmark opened sharply higher in line with smart rally in heavyweights on the Bombay Stock Exchange (BSE) on November 28 following renewed buying by operators as well as institutional investors.
