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Headlines Now
INTERNATIONAL
Pepsi grooms India-born Indra Nooyi for top post
New York: India-born Indra K Nooyi, president and chief financial officer of PepsiCo, is being groomed to ultimately take over the top post in the food and beverage giant, where she is overseeing introduction of healthy foods and aggressively pursuing acquisitions.

NATIONAL
VoIP services to make major inroads in Asia Pacific
Chennai: The proliferation of Voice over Internet Protocol (VoIP) services across the Asia Pacific region will dramatically increase in the coming years as the telecommunications market opens its doors to competitive service providers, according to a latest market study.

Major victory for India in WTO, US beaten again
New Delhi: In a major trade victory for India and several other countries, the World Trade Organisation (WTO) has held as violation of global trade rules a controversial US law allowing American companies to collect more than $ 470 million in anti-dumping duties from the US government.

Wipro's Spectramind bags Microsoft's BPO order
Bangalore: Software major Wipro's Information Technology (IT) enabled services business subsidiary Spectramind has bagged a business process outsourcing (BPO) order from global giant Microsoft, a top company official confirmed on January 17.

Kerala set to host first global investors meet
Kochi: After a year-long massive promotional drive to woo investors, Kerala is all set to host its first global investors meet (GIM), which will showcase an array of projects worth at least Rs 31,000 crore in the state's core competency areas.

Wipro records 27 per cent revenue growth in Q3
Bangalore: Information Technology (IT) major Wipro on January 17 announced that its revenue for the quarter ended December 2002 had increased by 27 per cent year on year and profit after tax by three per cent.

Capital market must be safest place to invest: PM
New Delhi: Concerned at the poor standards of corporate governance that had led to stock market scams, Prime Minister Atal Behari Vajpayee on January 17 asked the regulator, market intermediaries and investors to join hands to make the country's capital market the "safest place" to invest.

SENSEX opens firm; signs of rally later in the day
Mumbai: The SENSEX opened firm showing signs of a rally in the latter part of the session on the Bombay Stock Exchange (BSE) on January 17 on initial investors buying in bank and public sector unit (PSU) stocks.